Talking Biz News Today – June 28, 2022

Some of Tuesday’s top business news stories:

The Associated Press

Instagram and Facebook remove posts offering abortion pills, by Amanda Seitz

CNN

All the recession warning signs this week, by Ramishah Maruf

Energy prices are causing chaos in Asia. Here’s why the rest of the world should worry, by Tara Subramaniam

The Wall Street Journal

Elon Musk Has Twitter’s Data, but Getting Answers on Spam Accounts May Be Tougher, by Sarah E. Needleman

The iPhone at 15: An Inside Look at How Apple Transformed a Generation, by Joanna Stern

CNBC

One of the most prominent crypto hedge funds just defaulted on a $670 million loan, by MacKenzie Sigalos and Arjun Kharpal

58% of Americans are living paycheck to paycheck after inflation spike — including 30% of those earning $250,000 or more, by Jessica Dickler

Reuters

Stocks, oil edge up as China relaxes quarantine rules, by Samuel Indyk

Nike forecasts downbeat quarterly revenue on lingering China worries, by Ananya Mariam Rajesh and Praveen Paramasivam

News about business journalism:

USA Today taps travel and consumer reporter Hines to cover food

Bloomberg hires McBride to cover diplomacy and national security

WSJ hires Toonkel as deputy media editor

BuzzFeed senior tech reporter Bernstein taking buyout

Olson departing The Information for NYU program

Barron’s hires Templin as a reporter and editor

Bloomberg hires Birnbaum to cover tech lobbying and influence

Waterman joins Newsweek as a cybersecurity correspondent

CoStar hires Shih as data visual journalist

Vaughan hired as Fast Company editor in chief

Politico hires Brown to cover agriculture