Some of Wednesday’s top business news stories:
Associated Press
UnitedHealth to buy LHC Group for $5.4 billion, by Tom Murphy
FTC sues Intuit to stop ‘bait-and-switch’ TurboTax ads, by Tali Arbel
CNN
Companies are spending more than ever buying their own stock. Joe Biden wants to put a stop to that, by Nicole Goodkind
Hackers steal over $600 million from video game Axie Infinity’s Ronin network, by Jennifer Korn
The Wall Street Journal
Brand Loyalty Takes a Hit From Inflation, Shortages, by Jaewon Kang
Lululemon Posts Stronger Sales, Profit Despite Omicron Weighing on Business, by Charity L. Scott
CNBC
Covid upended the labor market, and now these workers are using their leverage to push for unions, by Kate Rogers
GM looks to increase electric Hummer production as reservations top 65,000, exceeding expectations, by Michael Wayland
Reuters
Micron says near-term output safe from Ukraine supply hit, costs to rise
Inversion of key U.S. yield curve slice is a recession alarm
News about business journalism
Wallbank named breaking news ME for South/Southeast Asia, Australia, New Zealand
How travel industry site Skift survived the pandemic
FT hires Quach to edit newsletter
WSJ finance desk makes beat changes promotions, hires
Forbes IPO is pushed back again
Jones promoted to SVP of training, culture and community at Dow Jones
CNN tech and electronics editor Krol departs
Wigglesworth appointed editor of FT Alphaville
