Some of Monday’s top business news stories:
The Associated Press
World shares mostly higher as inflation worries dog Wall St, by Elaine Kurtenbach
CNN
China’s property crash is prompting banks to offer mortgages to 70-year-olds, by Laura He
After a steep fall, used car prices poised to rise again, by Chris Isidore
The Wall Street Journal
Under Elon Musk, Twitter Faces Suits Claiming Over $14 Million in Unpaid Bills, by Tim Higgins and Alexa Corse
Facebook Parent Launching ‘Meta Verified’ Subscription Service, by Alexandra Bruell
CNBC
Inside Peloton’s rapid rise and bitter fall — and its attempt at a comeback, by Gabrielle Fonrouge
Retailers could face cost cuts and slower sales this year, by Melissa Repko
Reuters
Shopify sinks as investors worry over big spending in weak economy, by Nivedita Balu
Amazon asks employees to be in office at least three days a week
News about business journalism:
Longtime AP biz reporter Gordon has retired
S&P Global Market reporter O’Connor departs
Local news startup The Aberdeen Insider launches
From Buffalo News to … no news? That’s bad news
Bloomberg’s march to 500K; FT’s big move; journo jobs in D.C., Houston; TBN Friday roundup
WSJ hires White as senior platform editor
Cardinal News hires Rowan as education reporter
Financial Times names Ebner executive editor
Dublin’s NewsWhip to increase New York staff 50% by 2024
Hollywood Reporter names Rovou VP production and development for video
Carvalho joins DL News as defi correspondent
Kaiser Health News correspondent Bluth set to depart