Talking Biz News Today — May 19, 2021

Some of Wednesday’s top business news stories:

Associated Press

Changed by pandemic, many workers won’t return to old jobs, by Dee-Ann Durbin, Stephen Groves, Alexandra Olson, Joseph Pisani

WH memo sees economic strength where critics see fragility, by Josh Boak

CNN

Bank of America will raise its minimum wage to $25 by 2025, by Anneken Tappe

The housing market is still red hot despite lumber shortage, by Paul R. La Monica

The Wall Street Journal

Walmart Sales Growth Helped by Stimulus, by Sarah Hassauer

Pinterest Vows to Add More Female Executives, Workers of Color, by Sarah E. Needleman

CNBC

Raytheon plans to cut office space by 25% as it embraces hybrid work, by Tyler Clifford

U.S. House lawmakers seek Boeing, FAA records after production problems, by Leslie Josephs

Reuters

Surging lumber prices weigh on U.S. homebuilding, by Lucia Mutikani

Senate Democrat proposes $52 billion for U.S. chips production, R&D, by David Shepardson

News about business journalism

NY Times hires WSJ’s Bleyl for social team

Smith named Knight-Bagehot director

Bloomberg editor Al Ali to write about macro market moves

Crypto news site The Block hires news editor, chief revenue officer

Forbes editorial staffers are joining a union

Morning Brew hires McDonald as emerging tech reporter

Plitt departing The Real Deal for MTA

Vox hires Gross as deputy editor

The Verge hires Heath, Lawler, Keck

Insider hires Ravindranath to cover the future of health care

Quad-City Times hires Smith as biz reporter

Reporter Shankman set to depart Inside Climate News