Some of Tuesday’s top business news stories:
The Associated Press
Crypto investors’ hot streak ends as harsh ‘winter’ descends, by Ken Sweet and Fatima Hussein
CNN
Already strained supply chain at risk in ongoing port labor talks, by Chris Isidore
5 signs the housing market is starting to slow down, by Anna Bahney
The Wall Street Journal
GM and Ford, Driving to Beat Tesla, Turn on Each Other, by Mike Colias
JetBlue Lifts Offer for Spirit Airlines, Commits to Selling Assets, by Alison Sider
CNBC
Labor market ‘worse than the 1970s’ as strikes hit UK, Nobel Prize-winning economist says, by Elliot Smith
Dow futures surge nearly 400 points as the market is set to rebound from a brutal week, by Yun Li
Reuters
Tesla to cut salaried workforce by 10% over next 3 months, says Musk
Musk says there are still a few unresolved matters with Twitter deal, by Andrew Mills, Yousef Saba and Hyunjoo Jin
News about business journalism:
Quartz reporter Squires departs for Bolts
CNN to debut “CNN Business Arabic”