Some of Wednesday’s top business news stories:
The Associated Press
Storm adds uncertainty to strong holiday travel demand, by Dee-Ann Durbin
Congress moves to ban TikTok from US government devices, by Nomaan Merchant
CNN
As Twitter backlash grows, rival Mastodon reaches 2.5 million monthly users, by Brian Fung
Elon Musk says he will step down as Twitter CEO — once he finds a replacement, by Brian Fung
The Wall Street Journal
Netflix’s Ad-Supported Tier Was Its Least Popular Plan, Analytics Firm Estimates, by Sarah Krouse
Amazon Agrees to Settle EU Antitrust Cases, Avoiding Fines, by Sam Schechner
CNBC
Porsche begins production of ‘e-fuel’ that could provide gas alternative amid EV push, by Michael Wayland
NFL nearing rights deal with Google’s YouTube TV for Sunday Ticket game package, by Alex Sherman and Lillian Rizzo
Reuters
Nike beats estimates boosted by discounts, promotions; shares surge, by Ananya Mariam Rajesh
Tesla to freeze hiring, lay off employees next quarter – Electrek
News about business journalism:
Bidder for Forbes has ties to Russia, Putin
Legendary NY Post media columnist Kelly is unretiring
New Endpoints executive editor: We’re adding six editorial slots
Price promoted to senior correspondent at Insider
Florida real estate reporter Wegman departing publication
Miami Herald hires Sreeharsha to cover tech
Mother Jones’ most-read stories of 2022
Bloomberg’s de Kuyper departs for new opportunity
Morning Brew appoints Velez executive producer for “Money with Katie”
FT names Pop its Europe news editor
Bloomberg’s Cook to become senior national political correspondent
Peter Campbell of the Financial Times is moving to an editing position to help oversee…
Bloomberg Industry Group announced Thursday that it will have eight summer interns to its newsroom.…
The "Fox Business Rundown Podcast" is launching on May 20. Available on Monday and Fridays, listeners…
The Financial Times has tapped Kana Inagaki to cover the global motor industry. Inagaki is currently the…
New York Times business editor Ellen Pollock sent out the following on Thursday: We’re excited to announce…
By Emily Flitter and Chris Reese Robert Gibbons, a journalist known for his reports on…