Talking Biz News Today — March 25, 2021

Some of Thursday’s top business news stories:

Associated Press

Stuck ship in Egypt’s Suez Canal imperils shipping worldwide, by Jon Gambrell, Samy Magdy

No turning back: Facebook reckons with a post-2020 world, by Barbara Ortutay

CNN

China may just have doomed its trade deal with Europe, by Jill Disis

Luxury travel agency drops Trump Hotels, by Jazmin Goodwin

The Wall Street Journal

Amazon Faces Growing Worker Pressure in Shadow of Alabama Union Vote, by Sebastian Herrera

Slack Backtracks on New Way to Message Over Harassment Concern, by Aaron Tilley

CNBC

RH shares jump after furniture retailer reports earnings, sales beat, by Lauren Thomas

The Small Business Administration is set to triple loan amounts for businesses hurt by Covid, by Carmen Reinicke

Reuters

In 2020 the ultra-rich got richer. Now they’re bracing for the backlash, by Brenna Hughes Neghaiwi, Simon Jessop

SPAC trading pops deflate as ‘exuberance and greed’ depart, by Joshua Franklin, Krystal Hu

News about business journalism

Real Deal reporter Kromrei is departing for Housing Wire

Bloomberg Opinion hires Rieck as social media editor

Axios hires King as a business reporter

Insider’s Lee departing for The Drive

McFarling names national science correspondent at STAT News

Columbus Biz First reporter Colombo moves to workforce and DEI coverage

Bloomberg News reporter LaVito moving to Boston

STAT News hires Molteni from Wired

Davis joining M&A team at Bloomberg

Bloomberg’s Aquino takes on emerging markets coverage for EMEA

Variety executive editor to write book about “The Apprentice”

TechCrunch EIC: We’re still not dead