Talking Biz News Today – June 3, 2022

Some of Friday’s top business news stories:

The Associated Press

Asian shares rise, China trading closed for national holiday, by Yuri Kageyama

Red-hot summer job market awaits US teens as employers sweat, By Paul Wiseman and Mae Anderson

CNN

Microsoft says it will support employees who want to unionize, by Rishi Iyengar

Ford announces $3.7 billion investment to build electric vehicles, trucks, new Mustang, by Peter Valdes-Dapena

The Wall Street Journal

Restaurants Add New Fees to Your Check to Counter Inflation, by J.J. McCorvey

Sheryl Sandberg Built Meta’s Ad Machine but Someone Else Will Have to Fix It, by Suzanne Vranica and Patience Haggin

CNBC

Starbucks union creates $1 million fund to cover lost pay for striking baristas, by Amelia Lucas

Walmart is using its thousands of stores to battle Amazon for e-commerce market share, by Melissa Repko

Reuters

Exclusive: Feeling ‘super bad’ about economy, Musk wants to cut 10% of Tesla jobs, by Hyunjoo Jin

Panasonic finalising choice of U.S. state for battery plant – exec

News about business journalism:

Cardina named director of strategic growth at Motley Fool

Fortune hires Hoffower as success editor

Lachapelle departing Bloomberg after 12 years

AP hires two personal finance reporters

Vanity Fair Hive executive editor Elder is departing

WSJ adds four to its newsroom talent team

Tampa Bay Times taps Liebson to cover real estate

HuffPost hires former MarketWatch reporter Nicholson as politics reporter

Vinopal to cover labor and management for the Observer