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Talking Biz News Today — Feb. 25, 2021

Some of Thursday’s top business news stories:

Associated Press

Australia passes law to make Google, Facebook pay for news, by Rod McGuirck

Biden orders a review of US supply chains for vital goods, by Josh Boak, Tom Krisher

CNN

GameStop shares surge more than 100%, by Clare Duffy

America’s unemployment problem is much worse than it seems, by Anneken Tappe

The Wall Street Journal

Verizon Spends $45.5 Billion to Top 5G Spectrum Bidders, by Drew FitzGerald

Texas Electric Bills Were $28 Billion Higher Under Deregulation, by Tom MCGinty, Scott Patterson

CNBC

Gap to invest $140 million to build Texas warehouse as online sales swell, by Lauren Thomas

U.S. retail sales to rise 6.5% to 8.2% in 2021, as Covid vaccine triggers fastest economic growth in over two decades, NRF says, by Lauren Thomas

Reuters

Exclusive: U.S. airline CEOs to meet with White House on cutting carbon footprint, by David Shepardson, Jarret Renshaw, Tracy Rucinski

Nvidia sales surge as it struggles to keep gaming chips in stock, by Chavi Mehta, Stephen Nellis

News about business journalism

Haynes, retired deputy biz editor at Buffalo News, dies at 72

Quartz hires Asia reporter, Things reporter

Insider names Rose its executive editor for business

De Luna now covering energy for Houston Chronicle

Contino hired to cover housing, gentrification at Greenville News

BuzzFeed wins Polk for business journalism, NY Times wins financial

CNBC plans to replace “Squawk Alley” with “Tech Check”

Business Den hires Meade to cover government

WSJ reporters who wrote “Billion Dollar Whale” start content company

S&P Global Markets lays off 700

Irina Slav

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