Some of Wednesday’s top business news stories:
School lawsuits over social media harm face tough legal road, by Gene Johnson
US to max out on debt soon, setting up political fight, by Fatima Hussein and Josh Boak
Two global recessions in one decade? That hasn’t happened in over 80 years, by Julia Horowitz
Wells Fargo is retreating from the mortgage market it once led, by Matt Egan
Coinbase Crypto Exchange to Cut Nearly 1,000 Jobs, by Caitlin Ostroff
Netflix Revokes Some Staff’s Access to Other People’s Salary Information, by Jessica Toonkel and Sarah Krouse
Bed Bath & Beyond lays off more employees as it struggles to survive, by Melissa Repko and Lillian Rizzo
China imposes transit curbs for S.Korea, Japan in growing COVID spat, by Yew Lun Tian and Brenda Goh
Audi Mexico agrees on wage increase with union, avoiding strike
Cheddar struggling to find the right strategy
Mainebiz names Tetzlaff its publisher
Politico hires Robson as deputy tech editor
Crain’s New York hires three new reporters
FT taps Barrick to serve as editorial content director of FT Specialist Europe
Bloomberg’s Orland to become editor on energy and commodities team
Politico hires Bikales to cover energy
Lutz to cover tech and innovation at Automotive News
Barbaglia joins Reuters Breakingviews as a columnist
Chicago Tribune hires Kane to cover housing and residential real estate
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…