OLD Media News

Talking Biz News Today – June 14, 2022

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

Mariam Ahmed

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