Some of Wednesday’s top business news stories:
The Associated Press
China’s youth face bleak job market as COVID slows economy
US inflation will likely stay high even as gas prices fall, by Christopher Rugaber
CNN
Richer people are eating more at Applebee’s and IHOP, by Danielle Wiener-Bronner
Elon Musk sells nearly 8 million Tesla shares, by Chris Isidore
The Wall Street Journal
BuzzFeed Expects Recession Fears to Pressure Advertising, by Denny Jacob
Microsoft Tries to Reduce Business Expenses by Restricting Spending on Travel and Company Gatherings, by Aaron Tilley and Sarah Krouse
CNBC
Restaurateur Danny Meyer says inflation has helped drive workers back into the food industry, by Krystal Hur
Chipotle to pay $20 million to NYC workers as part of settlement, by Jack Stebbins
Reuters
Meta raises $10 billion in first-ever bond offering
Retailers turn off lights, cut opening hours to save energy, by Richa Naidu
News about business journalism:
Bloomberg hires Hall as national politics reporter
Why the media are adding crypto reporters
Lahut leaving Insider for The Daily Beast
Philly Biz Journal staff writer Kostelni departing after 23 years
Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…
Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…
Dow Jones & Co., the parent of The Wall Street Journal, Barron's, MarketWatch.com and Investor's…
The Wall Street Journal is seeking a White House reporter in Washington, DC, to break…
Ben Pershing, the politics editor of The Wall Street Journal, is leaving the news organization.…
New York Times executive editor Joe Kahn sent out the following on Friday: A January 2010 front…