Some of Wednesday’s top business news stories:
The Associated Press
Twitter sues to force Musk to complete his $44B acquisition, by Matt O’Brien
Surging gas prices likely drove US inflation to 40-year high, by Christopher Rugaber
CNN
The euro and the US dollar are at parity for the first time in 20 years, by Nicole Goodkind
Airlines forced to drop service at these US airports due to the pilot shortage, by Chris Isidore
The Wall Street Journal
Netflix Seeks to Renegotiate Deals to Show Ads Next to Popular Shows, by Joe Flint
Microsoft Goes on Offensive in Europe to Combat Cloud Concerns, by Aaron Tilley and Kim Mackrael
CNBC
Covid hospitalizations have doubled since May as omicron BA.5 sweeps U.S., but deaths remain low, by Spencer Kimball
70% of Americans think a recession is coming: Here’s what they are doing to prepare, by Lorie Konish
Reuters
Amazon issued 13,000 disciplinary notices at single U.S. warehouse, by Jeffrey Dastin
Oil edges higher after slide below $100, by Alex Lawler
News about business journalism:
Reuters launches subscription business aimed at those making corporate decisions
Conlon departs “Marketplace” for Kansas
Politico cybersecurity reporter Sabin is departing
Philly Biz Journal hires Ravina to cover tech and innovation
Politico hires von Kaenel to cover California environment
Automotive News hires Newcomb as a mobility reporter
The Information is starting a social network for subscribers
WSJ hires Wertheim from NY Times for styles desk
Lewellyn departs WSJ for new opportunity
The Pacific Business News, an American City Business Journals publication, has hired Janis Magin Meierdiercks as…
Sadia Nowshin, a reporter at European startup news site Sifted, is leaving to join literary…
Variety has promoted Ethan Shanfeld to TV reporter. William Earl of Variety writes, "Shanfeld joins the entertainment…
Kasia Klimasinska is the new team leader for DC breaking news at Bloomberg News. She…
Paul Smalera has organized a gathering of James Ledbetter's friends and colleagues—open to all…
Real estate news service CoStar News has hired Rachel Scheier to cover the San Francisco commercial market.…