Some of Thursday’s top business news stories:
The Associated Press
Ford stops production of electric F-150 after battery fire
Retail sales jump as Americans defy inflation and rate hikes, by Christopher Rugaber
CNN
Home builder sentiment sees biggest monthly jump since 2013, by Anna Bahney
Starbucks doubles down on Asia Pacific with biggest expansion in five years, by Michelle Toh
The Wall Street Journal
U.S. Escalates Apple Probe, Looks to Involve Antitrust Chief, by Aaron Tilley, Dave Michaels and Keach Hagey
Tesla to Open Some of Its Charging Network to Other EVs, White House Says, by Jennifer Hiller
CNBC
Mortgage demand drops as interest rates bounce higher, by Diana Olick
Biden administration is making a big change to student loan repayment. What borrowers need to know, by Annie Nova
Reuters
Facebook owner Meta increases Zuckerberg’s security allowance by $4 million
Nestle plans price hikes after costs eat into profits, by John Revill
News about business journalism:
Biz journalist Angwin named entrepreneur in residence
Reuters hires Michael as investigative reporter in Middle East and Africa
Reuters names new news ops structure
The Information hires Gardizy to cover cloud providers
Media Movers: Barron’s editor at large Andy Serwer
Banjo named regional ME of global biz at Bloomberg
