Some of Wednesday’s top business news stories:
Associated Press
New or used? Either way, price hikes squeeze US auto buyers, by Tom Krisher, Mike Householder
California governor signs $7.6 billion stimulus package, by Adam Beam
CNN
GameStop CFO resigns a month after the Reddit trading frenzy, by Clare Duffy
Oprah-backed Oatly just made a move to go public, by Danielle Wiener-Bronner
The Wall Street Journal
Covid-19 Shopping Makes Card Fees a Bigger Burden for Merchants, by AnnaMaria Andriotis
Facebook’s Tussle With Australia Over News Is Just the Beginning, by Jeff Horwitz, Sarah E. Needleman
CNBC
Home Depot tops estimates as sales surge 25%, but shares fall on worries pandemic gains won’t last, by Melissa Repko
U.S. supply of Covid vaccine to substantially increase next month, manufacturers tell Congress, by Will Feuer
Reuters
Hyundai Motor to replace battery systems in $900 million electric car recall, by Heekyong Yang, Joyce Lee
Lucid Motors CEO aims to launch Tesla Model 3 rival in 2024 or 2025, by Hyunjoo Jin, Joshua Franklin
News about business journalism
Insider hires Greenburg as a features writer
The Points Guy hires Ruiz as credit card editor, Shon as reporter
Business Insider’s Slotnick to join The Points Guy as senior aviation reporter
WSJ, Yahoo Sports, KC Star launch Howard U. scholarship
Bloomberg reporter Nix to cover Facebook, social media companies
Reuters parent to reshape corporate structure due to pandemic
Rega departing Politico Europe for Brunwsick
Bloomberg social media reporter Frier moving to senior role
Dry named Sunday biz editor at NY Times
Adweek hires Stenberg to cover the media industry
Carlos hires to cover minority entrepreneurs for Minneapolis/St. Paul Biz Journal
