OLD Media News

Talking Biz News – March 2, 2022

Some of Wednesday’s top business news stories:

Associated Press

Nations agree to release 60M barrels of oil amid Russian war, by David McHugh

Space junk on 5,800-mph collision course with moon, by Marcia Dunn

CNN

Wheat futures are soaring. Food prices could be next, by Danielle Wiener-Bronner

Bitcoin jumps back above $40,000 as Russians switch to crypto, by Michelle Toh

The Wall Street Journal

War in Ukraine Disrupts Ships Around the Globe, by Costas Paris, Benoit Faucon

Target Profit Rises as Annual Revenue Crosses $100 Billion, by Sarah Nassauer, Charity L. Scott 

CNBC

AMC is charging more for ‘The Batman’ tickets as it tests out a new pricing model, by Sarah Whitten

GM sells its stake in embattled EV start-up Lordstown Motors, by Michael Wayland

Reuters

Exxon to exit Russia, leaving $4 bln in assets, Sakhalin LNG project in doubt, by Sabrina Valle

Nordstrom shares jump after retailer projects strong full-year results

News about business journalism 

FT hits 1 million digital subscribers

Olshan named WSJ personal finance bureau chief

Loeb Awards now accepting admissions

Gizmodo and Jalopnik among G/O Media sites on strike

CoStar hires Rohit to cover Austin real estate

McGraw Fellowships for Business Journalism accepting applications for Spring 2022

Fass departs Inc/Fast Company for new opportunity

Wilson departs Forbes for VC fund

Bloomberg hires Rao as markets hub editor

Pinsker hired as personal finance editor for WSJ Commerce

Cunningham named editor of South Indiana Business

Golshan to join Vanity Fair’s The Hive as editor

Acuris reporter Zadvydas departs for PR firm

Reuters names Tobin head of global news desk

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