Some of Friday’s top business news stories:
The Associated Press
CES startups face cautious investors amid economic woes, by Haleluya Hadero
Another strong month of hiring would put Fed in tough spot, by Christopher Rugaber
CNN
Mortgage rates start 2023 twice as high as they were a year ago, by Anna Bahney
Two months after mass Twitter layoffs, affected employees still waiting for severance offers, by Clare Duffy
The Wall Street Journal
Samsung Expects 69% Drop in Profit on Slumping Tech Demand, by Jiyoung Sohn
Tesla Slashes Prices in China After Deliveries Slump, by Selina Cheng
CNBC
California forces companies to show pay on job listings, revealing big tech salaries, by Kif Leswing
Bed Bath & Beyond shares plummet after company warns of potential bankruptcy, by Melissa Repko and Lillian Rizzo
Reuters
Strong U.S. jobs, wages growth expected in December, by Lucia Mutikani
Heavy discounts drive record U.S. online holiday spending, report says
News about business journalism:
Philly Inquirer taps Jones to cover economic equity
TechCrunch hires Franceshi-Bicchierai to cover cybersecurity
Ad Age hires Nudd as creativity editor
WSJ’s Stephenson moves to editing economic policy coverage
MIT Technology Review hires Griggs as science editor
Fintech firm to buy financial news site The Fly
Teichert hired as North America ME for Mergermarket, Dealreporter parent
Kraft moves to Insider’s enterprise news desk
After controversial Daily Mail ouster, Greig named EIC of The Independent
CJF-CBC Indigenous Journalism Fellowships 2023 now accepting applications
WSJ demands investigation after reporter detained
