OLD Media News

Talking Biz News Today – July 5, 2022

Some of Tuesday’s top business news stories:

The Associated Press

IEA: High prices, uncertainty will slow growth in gas demand

Add rent to the rising costs bedeviling small businesses, by Mae Anderson

CNN

Tesla posts rare drop in sales in second quarter, by Chris Isidore

US and China discuss economic challenges as talk of tariff rollback swirls, by Laura He

The Wall Street Journal

Bosses Offer Midyear Raises to Retain Employees as Inflation Takes Toll, by Chip Cutter

Amazon, Microsoft, Google Strengthen Grip on Cloud, by Aaron Tilley

CNBC

American Airlines scheduling glitch allows pilots to drop thousands of July flights, by Leslie Josephs

Euro slides to 20-year low against the dollar as recession fears build, by Elliot Smith

Reuters

Exclusive: China plans $75 billion infrastructure fund to revive economy, by Xiangming Hou and Kevin Yao

Oil from U.S. reserves head overseas as gasoline prices stay high, by Arathy Somasekhar

News about business journalism:

Wu named chief Asia M&A correspondent for Reuters

The Information’s Peers joining Bloomberg Opinion

Bloomberg hires Harris as UK business editor

Rowan named deputy editor of consumer finance at Forbes Advisor

Aldinger, who covered the Pentagon for Reuters, dies at 84

Carbone named US science and tech editor for Daily Mail

O’Keefe departing Fortune for Esquire

Chicago media reporter Feder is stepping away from the beat after 42 year

Axios hires Dickey for San Francisco newsletter

Pensions & Investments hires Degen as DC reporter

Forbes hires Philly Biz Journal’s Smythe to write daily newsletter

STAT News launching business of health care newsletter

Mariam Ahmed

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