Talking Biz News – March 1, 2022

Some of Tuesday’s top business news stories:

Associated Press

Shell to pull out of energy investments in Russia over war, by Danica Kirka

Toyota restarting Japan plants after malware hits supplier, by Yuri Kageyama

CNN

GM stops exporting cars to Russia, by Peter Valdes-Dapena

Target boosts its starting pay for some jobs to $24 an hour, by Parija Kavilanz

The Wall Street Journal

Zoom’s Sales Growth Slows as Retreat From Pandemic High Continues, by Denny Jacob

Albertsons Launches Strategic Review, by Jaewon Kang

CNBC

HP Inc. CEO defends stock buyback program, says it will continue because shares are undervalued, by Kevin Stankiewicz

GM names Cruise co-founder to once again run the self-driving business after CEO’s unexpected departure, by Michael Wayland

Reuters

Zoom forecasts annual revenue, profit below estimates

California issues permits to Cruise, Waymo for autonomous vehicle service, by David Shepardson

News about business journalism 

Forbes hires Lucas as assistant editor for leadership and communities

WSJ EIC Murray: Ukraine coverage shows the importance of journalism

CNBC deputy politics editor Block departs

Smalley joins CyberScoop as a reporter

Bloomberg Industry Group union stages demonstration

Kaiser Health’s Hancock retires after 39 years in journalism

News & Observer hires Moore to cover real estate and business

American Banker hires Williams as DC reporter

Insider launching “The Refresh from Insider,” a podcast with regular updates

Protocol hires Goodison to cover cloud computing

Washington Posts hires Verma to cover innovations

Schaffner joins Automotive News as staff reporter