Some of Friday’s top business news stories:
Associated Press
Autoworkers face uncertain future in an era of electric cars, by Tom Krisher, John Seewer
Budget office expects $2.3T deficit before Biden relief plan, by Josh Boak
CNN
Bitcoin’s big moment: Mastercard jumps on the bandwagon, by Chris Isidore
Shell says its oil production has peaked and will fall every year, by Hanna Ziady
The Wall Street Journal
Disney Ekes Out a Profit Under the Weight of Pandemic Problems, by Erich Schwartzel, Allison Prang
Microsoft Urges U.S. to Make Tech Giants Pay for News, by Mike Cherney
CNBC
General Motors invests $100 million in two U.S. plants to boost transmission production, by Noah Higgins-Dunn
How Covid led to a $60 billion global chip shortage for the auto industry, by Michael Wayland
Reuters
U.S. House committee approves another $14 billion for pandemic-hit airlines, by Tracy Rucinski, David Shepardson
From dismal winter, some U.S. data starts to move higher, by Howard Schneider
News about business journalism
Variety promotes Aswad to deputy music editor
Fox Business hires Hu as correspondent
Bloomberg Industry hires Carrizosa as video journalist
Two-time Loeb winner Ivry among 90 Bloomberg layoffs
Bloomberg’s Micklethwait on layoffs, reorganization
Bloomberg News is laying off about 100 editorial staffers
Greentech Media is closing in mid-March
Yahoo Finance reporter Asymkos to take on retirement beat
