Some of Monday’s top business news stories:
The Associated Press
Stocks dive to another losing week as inflation worsens, by Stan Choe and Damian J. Troise
US: Pfizer COVID-19 shot appears effective for kids under 5, by Matthew Perrone and Mike Stobbe
CNN
Inflation rises at fastest pace in 40 years, pushed up by record gas prices, by Chris Isidore
Tesla stock is about to get much cheaper, by David Goldman
The Wall Street Journal
Some Ads Play on Streaming Services Even When the TV Is Off, Study Finds, by Suzanne Vranica and Lillian Rizzo
Baby-Formula Shortage Has Spurred Competition, but Tough Road Remains to Unseat Similac, Enfamil, by Sharon Terlep and Annie Gasparro
CNBC
U.S. drops Covid testing requirement for international travelers, by Leslie Josephs
Global food prices are soaring. Rice could be next, by Weizhen Tan
Reuters
Investment platforms face hangover after pandemic party, by Iain Withers and Carolyn Cohn
Crypto firm Celsius pauses all transfers, withdrawals as markets tumble
News about business journalism:
USA Today hires Diller to cover consumer travel
Digiday hires Cannon as a marketing reporter
Inc. hires Donaldson as a reporter
WSJ hires Miao as a markets reporter
Bloomberg hires Dion as a reporter in Montreal
WSJ hires new reporters for corporate team
LinkedIn hires Shead as tech and innovation editor
Skibell to anchor E&E News Updates first newsletter
Quartz EIC Bell departs for Goldman Sachs
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.…