Some of Wednesday’s top business news stories:
The Associated Press
Automakers targeting average households with new crop of EVs, by Tom Krisher
UK inflation surges to new 40-year high of 9.4%
CNN
Apple agrees to pay $50 million to settle issues related to its ‘butterfly’ keyboards, by Catherine Thorbecke
Netflix loses subscribers, but stops the bleeding, by Frank Pallotta
The Wall Street Journal
Amazon Sues Administrators of More Than 10,000 Facebook Groups Over Fake Reviews, by Newley Purnell
Twitter-Musk Trial Set for October in Lawsuit Over Stalled $44 Billion Takeover, by Dave Michaels
CNBC
CDC clears Novavax Covid-19 vaccine for adults, says shots will be available in the coming weeks, by Spencer Kimball
Reuters
Google yet to sign up to Indonesia’s new licensing rules – ministry, by Stanley Widianto
Tesla braces for earnings hit, but EV delivery outlook is key, by Hyunjoo Jin and Nivedita Balu
News about business journalism:
Informa is acquiring Industry Dive for up to $525 million
Bloomberg Media planning global expansion
FT launches crypto site and newsletter
NPR’s “Planet Money” names Guo and Fountain co-hosts
Fast Company promotes Clendaniel to deputy digital editor
Business Insider reporter Bostock departs
The fractured relationship between public relations and business journalism
WSJ’s Jakab on making the switch from Wall Street to business journalism
Money has returned to profitability
Euromoney Institutional Investor accepts $1.7 billion offer
Morning Brew hires Eisenberg to launch health care newsletter