Some of Thursday’s top business news stories:
The Associated Press
Powell: Fed to keep rates higher for longer to cut inflation, by Christopher Rugaber
EU warns Musk to beef up Twitter controls ahead of new rules, by Kelvin Chan
CNN
CNN begins layoffs amid economic uncertainty, cost-cutting pressures from parent company, by Oliver Darcy
Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside, by Catherine Thorbecke
The Wall Street Journal
Mark Zuckerberg Says Apple Holds Too Much Control Over App Ecosystem, by Sarah E. Needleman
DoorDash Cuts 6% of Staff, Joining Other Companies Reversing Pandemic-Fueled Hiring, by Preetika Rana and Will Feuer
CNBC
Airbnb launches platform allowing renters to host apartments, partnering with major landlords, by Diana Olick
House approves tentative labor deal to avoid rail strike, sends to Senate, by Lori Ann LaRocco
Reuters
Elon Musk says Apple never considered removing Twitter from App Store
China set to loosen COVID curbs after week of historic protests, by Bernard Orr and Martin Quin Pollard
News about business journalism:
Austin growth and development reporter Asch departing for Texas Standard
How the media misunderstood the FTC scandal
Reuters promotes Plucinska to European airlines and travel correspondent
CNBC to test subscription price increase
Smalley to join Reuters as a cybersecurity correspondent
Hollywood Reporter appoints Fekadu senior music editor
Weber departs Kaiser Health News for Washington Post
Spezzati hired as chief Euro investing banking correspondent at Reuters
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International editor Matt Lamers is leaving Marijuana Business Daily. He has been there for seven years. Lamers…