OLD Media News

Talking Biz News Today — Feb. 17, 2021

Some of Wednesday’s top business news stories:

Associated Press

Cost of a single Bitcoin exceeds $50,000 for first time, by Matt Ott

GameStop’s saga may be over; its effect on Wall Street isn’t, by Stan Choe, Alex Veiga

CNN

Texas produces more power than any other state. Here’s why it went dark anyway, by Matt Egan

Citibank can’t get back $500 million it wired by mistake, judge rules, by Ramishah Maruf

The Wall Street Journal

General Electric Expects to Burn Cash in First Quarter, by Thomas Gryta

Palantir Loss, Slower Sales Growth Expectations Send Stock Lower, by Micah Maidenberg

CNBC

Black franchisee files racial discrimination lawsuit against McDonald’s, by Amelia Lucas

Winter storm temporarily closes hundreds of Walmart stores and Amazon facilities, snarling delivery, by Melissa Repko, Noah Higgins-Dunn, Annie Palmer

Reuters

Epic Games takes Apple fight to EU antitrust regulators, by Foo Yun Chee

U.S. shale could face weeks of depressed oil production due to cold, by Jennifer Hiller

News about business journalism

Race, gender and economy biz reporter wants to tell stories with impact

Cannabis Business Times hires two staffers

WSJ’s Simons hired as Time executive editor

Blobaum named editor of Business Record’s Fearless initiative

Sharma hired as editor in chief of Vox

Kudlow talks new show on Fox Business

Yahoo Finance and Fortune journalists joining Decrypt Media

How Forbes hopes to use data to build something better

Pittsburgh Post-Gazette expanding Sunday biz section

MiBiz, WOOD-TV18 launch news partnership

Idaho Biz Review hires Bonneau as editor

Irina Slav

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