OLD Media News

Talking Biz News – March 11, 2022

Some of Friday’s top business news stories:

Associated Press

Justice Dept. names prosecutor to go after pandemic fraud, by Jennifer McDermot

In an about-face, liberal US cities target homeless camps, by Sara Cline

CNN

Manhattan rents rise to an all-time high, by Anna Bahney

Key inflation measure jumps to highest level since January 1982, by Anneken Tappe

The Wall Street Journal

Rivian Automotive Curtails Production in 2022 Due to Supply-Chain Disruptions, by Mike Colias

Southern California’s Ports Are Catching Their Breath During Import Lull, by Paul Berger

CNBC

Moderna CEO Bancel’s golden parachute soared by hundreds of millions over the pandemic, by Spencer Kimball

Rising airfares are giving people spring break sticker shock, by Chris DiLella, Seema Mody

Reuters

Investors expect U.S. earnings hit as war boosts inflation, by Caroline Valetkevitch

Japan’s Toyota to cut production by between 5%-20% from previous plan

News about business journalism 

Indianapolis Biz Journal hires Bradley as a reporter

Quartz EIC Bell on how to run a global newsroom

MIT Tech Review hires Crownhart to cover energy and climate

The WSJ’s “As we Work” podcast hopes to create a community

LA Times hires Briscoe to cover environment and air quality

Insider taps Tangalakis-Lipper on the breaking news team

Wired hires Gizmodo’s Couts to be a senior editor

NBC News taps Sorkin to host series for streaming service

E&E News hires Portuondo as Congress and energy reporter

Hamzelou joins MIT Tech Review as senior reporter

Irina Slav

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