Some of Tuesday’s top business news stories:
The Associated Press
Hot inflation dims likelihood Fed can achieve ‘soft landing’, by Christopher Rugaber
Wall Street slips into a bear market; here’s what that means, by Stan Choe and Alex Veiga
CNN
Microsoft reaches agreement to remain neutral in Activision Blizzard union efforts, by Rishi Iyengar
Bitcoin plunges below $23,000 as the crypto meltdown continues, by Anna Cooban
The Wall Street Journal
Meta Expands Instagram Parental Controls and Brings Supervision to the Metaverse, by Shara Tibken
Elon Musk to Participate in Twitter All-Hands Meeting Thursday, by Sarah E. Needleman
CNBC
GM’s stock closes below IPO price for first time since October 2020, by Michael Wayland
American Airlines regional carriers hike pilot pay more than 50% as shortage persists, by Leslie Josephs
Reuters
Dollar pauses near 20-year highs after historic bond rout, by Saikat Chatterjee
Oil prices rise as tight supply counters China COVID, recession worries, by Ahmad Ghaddar
News about business journalism:
Cohen promoted to senior editor at Adweek
Modern Retail hires Daniels as a senior reporter
Charlotte Ledger hires Banks as a reporter
Bloomberg hires two reporters for Big Tech team
BuzzFeed News tech reporter Dixit moves to Silicon Valley
WSJ unveiling commerce site called “Buy Side from WSJ”
Reuters hires Carnevali to cover health care, industrial M&A
Bloomberg hires Nair as multimedia content journalist
How a NY Times reporter turned an angry reader into a story
Hancock to cover climate and energy for the FT
Bloomberg News names Howard DC breaking news team leader
Business Insider promotes Sebastian to associate editor, investing
