Talking Biz News Today – June 1, 2022

Some of Wednesday’s top business news stories:

The Associated Press

Canceled flights mar first weekend of summer for travelers, by David Koenig

Biden plots inflation fight with Fed chair as nation worries, by Josh Boak, Christopher Rugaber and Zeke Miller

CNN

Supreme Court temporarily blocks Texas’s social media moderation law, by Brian Fung and Ariane de Vogue

The stock market ‘casino’ is closed, by Paul R. La Monica

The Wall Street Journal

Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers, by John Stensholt and Nate Rattner

HP Lifts Earnings Outlook Despite Supply-Chain Disruptions, by Dean Seal

CNBC

Jim Cramer says these three Big Tech stocks have ‘nowhere else to go but up’, by Krystal Hur

Apple’s new iPhone and iPad software will reportedly add lots of big changes, by Jessica Bursztynsky

Reuters

Pfizer to exit GSK’s consumer health arm after spin-off, by Natalie Grover

Volkswagen’s race with Tesla will be tight, Diess says

News about business journalism:

NY Times reporter Gelles: Biz journalism lionizes CEOs, companies

Forbes scrapping plans to go public

Inc. hires Wang to cover innovations

NY Times Opinion hires Wired’s Whitney

ETF.com reporter Mika leaving for grad school

The Information hires Woo to cover VC and startups

Yahoo Finance Australia appoints Browne EIC

Daily Mail hires Purkess as Money Mail reporter

FT rebrands its luxury magazine to HTSI