OLD Media News

Talking Biz News Today – June 23, 2022

Some of Thursday’s top business news stories:

The Associated Press

Germany faces gas supply ‘crisis,’ declares alarm level

Airport chaos: European travel runs into pandemic cutbacks, by Kelvin Chan and Mike Corder

CNN

JPMorgan lays off hundreds of employees in mortgage division as rates spike, by Matt Egan

The dream of owning a home is out of reach for 4 million Americans, by Alicia Wallace

The Wall Street Journal

NBCUniversal, Google Compete to Help Netflix Develop Ad-Backed Tier, by Sarah Krouse, Patience Haggin and Lillian Rizzo

Rolls-Royce Offers $2,500 Payment to Workers as Inflation Bites, by Sara Ruberg and Benjamin Katz

CNBC

American Airlines to stop flying to four small cities, citing pilot shortage, by Leslie Josephs

Mark Zuckerberg envisions a billion people in the metaverse spending hundreds of dollars each, by Jordan Novet

Reuters

Twitter tests long-form text feature called ‘Notes’

Biden administration leans on Tesla for guidance in renewable fuel policy reform, by Jarrett Renshaw and Stephanie Kelly

News about business journalism:

Freeman departs Forbes for Law360

Modern Healthcare’s Teichert joining NY Daily News

The Economist has best financial year since 2016

Bachman departing Bloomberg for Anuvu

Forbes hires four BuzzFeed tech news staffers

SABEW Canada names Best in Business award winners

WSJ hires Waters as fashion editor

Financial News taps Daniel to cover fintech and crypto

News startup Semafor hires Albergotti to oversee tech coverage

Fox Business website has strong May in minutes, views

Reuters to provide content for Haystack News

Five journalists receive McGraw biz journalism grants

The Verge hires Minters as editorial director for audio

Mariam Ahmed

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