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
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Henry Oden, a former editor for The Wall Street Journal in Washington, died April 15…
New York Times business editor Ellen Pollock sent out the following on Tuesday: I’m thrilled to announce…
The San Francisco Standard has hired Jillian D'Onfro as a business reporter. She will start May 20.…
Business Insider CEO Barbara Peng sent out the following to the staff on Tuesday: Team,…
Politico Europe reporter Claudia Chiappa is now covering health care. She previously was a breaking news reporter.…