Some of Friday’s top business news stories:
The Associated Press
Drivers are stuck in limbo as world’s oil supply reshuffles, by Cathy Bussewitz and David McHugh
US recession a growing fear as Fed plans to keep rates high, by Paul Wiseman and Stan Choe
CNN
Jobless claims fall to lowest level since September, by Alicia Wallace
Former employees suing Twitter over layoffs score an early victory, by Clare Duffy
The Wall Street Journal
Adobe Fourth-Quarter Revenues Up 10% as Demand Remains Strong, by Sabela Ojea
Retail Sales, Manufacturing Declines Point to Slowing Economy, by Harriet Torry
CNBC
American Airlines will make it harder to earn frequent flyer status next year in loyalty program shake-up, by Leslie Josephs
Home flipping profits drop at the fastest pace in over a decade, by Diana Olick
Reuters
Twitter suspends several journalists, Musk cites ‘doxxing’ of his jet
News about business journalism:
Twitter suspends accounts of biz reporters covering Musk
MJBiz CEO Walsh, its founding editor, leaving the company
Kim receives Nikkei-Columbia scholarship
Cannabis reporter Berke departs Insider
Dawn Wotapka’s Media Movers: Kiplinger Retirement Report’s David Crook
Digiday appoints Lee senior gaming and esports reporter
Axios hires McCutcheon to edit energy and climate newsletter
The need for more diversity among biz reporters
Insider promotes Stewart to chief tech correspondent
Gizmodo senior writer Novak laid off
