Talking Biz News Today – Dec. 16, 2022

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