Some of Tuesday’s top business news stories:
The Associated Press
Asian stocks follow Wall St down on rate hike, economy fears, by Joe McDonald
Sony’s profit surges on healthy film, game, music growth, by Yuri Kageyama
CNN
Elon Musk says he is ‘exactly aligned’ with Europe’s sweeping new rules for social media platforms, by Brian Fung
How long will inflation last? The answer lies in the past, by Nicole Goodkind
The Wall Street Journal
Apple’s China Engineers Keep Products Flowing as Covid Shuts Out U.S. Staff, by Yoko Kubota
Biden, Internet Providers Seek to Boost Adoption of Subsidized Broadband, by Ken Thomas and Drew FitzGerald
CNBC
Tech giants lost more than $1 trillion in value in the last three trading days, by Jordan Novet
Bitcoin investors are panicking as a controversial crypto experiment unravels, by Ryan Browne and MacKenzie Sigalos
Reuters
Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID, By David Stanway and Martin Quin Pollard
News about business journalism:
Canter hires by Sportico to be senior editor
Times of London hires Fletcher as tech business editor
Fitch hires Khan as head of publishing for Americas
Ramsay moving to Brussels for Bloomberg TV, Bloomberg Radio
G/O Media plans to follow Quartz playbook
ABC News hires Zhan to cover business and tech
Tampa Bay Times, Chicago Tribune win Pulitzers for biz-related coverage
Passy departing MarketWatch.com for new opportunity
Washington Post hires Martinez from The Markup
Gross becomes senior reporter at Technically Philly
Bloomberg Government’s Rothman moves to Bloomberg Tax
Skift hires Mullaney to cover travel technology
Bloomberg taps Almeida as Chicago bureau chief
Reuters head of digital newsgathering and verification Baker departs