Talking Biz News – March 22, 2022

Some of Tuesday’s top business news stories:

Associated Press

Powell says Fed will hike further and faster if necessary, by Christopher Rugaber

With walkout threat, Disney finds itself in balancing act, by Mike Schneider, Brendan Farrington

CNN

SpaceX will now launch satellites for top space broadband competitor, OneWeb, by Jackie Wattles

Buffett’s Berkshire Hathaway is buying insurer Alleghany for $11.6 billion, by Paul R. La Monica

The Wall Street Journal

Google Improperly Invoked Legal Privilege to Withhold Emails, Government Claims, by John D. McKinnon

Nike Sales Rise as It Navigates Supply-Chain Snarls, by Inti Pacheco

CNBC

Central banks face tough decisions after Russia’s invasion. Not everyone’s sure they’ll get it right, by Elliot Smith

Washington’s ‘trigger-happy’ sanctions may push countries away from the dollar, says think tank, by Abigail Ng

Reuters

Goldman sees Fed hiking rates by 50 bps at May, June meetings

Tesla hands over first Model Ys as German gigafactory finally goes live, by Victoria Waldersee

News about business journalism 

Washington Post hires Halper to cover energy transition

Axios hires David, Chin for business news team

Yahoo Finance hires Garfinkle to cover tech

Insider taps Rubinstein as senior distribution editor

Melinek hired by TechCrunch to be senior crypto reporter

Wang joins Forbes as Asia reporter

Oregonian hires de Leon to cover retail and small business

Denver Biz Journal associate editor Rose departs

WSJ hires Khan to cover commodities

Reuters staffers concerned about Tass relationship

Crain’s New York hires Spivack to cover transportation and the arts

Axios hires Crain’s Detroit reporter Frank to cover Detroit