Some of Tuesday’s top business news stories:
The Associated Press
To preserve jobs, UAW head says battery plants must be union, by Tom Krisher
Fed set to impose another big rate hike to fight inflation, by Christopher Rugaber
CNN
The NFL is debuting a streaming service — with some major caveats, by Frank Pallotta
This delivery startup was valued at more than $11 billion. Then it slashed thousands of workers, by Sara Ashley O’Brien
The Wall Street Journal
Alibaba to Pursue Primary Listing in Hong Kong, by Jing Yang
Walmart Cuts Profit Outlook as It Lowers Prices to Move Goods, by Sarah Nassauer
CNBC
Target chases bigger e-commerce profits with new delivery hubs, fleet of drivers, by Melissa Repko
The Biden administration is considering forgiving the student debt for millions of Americans. Here’s why, by Annie Nova
Reuters
Unilever ups sales guidance after price hikes help it beat forecast, by Richa Naidu
Amazon to raise Prime prices in Europe as retailer wrestles with costs, by Jeffrey Dastin
News about business journalism:
CNBC taps Reinicke on the markets team
Bloomberg markets editor Baker departs
Automotive News hires Hirsch as news editor
WSJ’s Lewellyn joins Vox Media as “Today, Explained” producer
Industry Dive hires Wu to cover biotech startups
Ermey switches over to CNBC Make It
McMahon joins The Block as crypto deals reporter
Morning Brew hires Contreras for personal finance newsletter
Berman named deputy enterprise editor at MarketWatch.com
Cohen named CEO of Bridgetower Media
FT names Jopson a Madrid correspondent
NY Times hires Holman to cover consumers and retailers
WSJ’s O’Neal named executive editor of The Dispatch
Kinahan swaps FT for Retail Week
Morning Consult tech reporter Teale departs