OLD Media News

Talking Biz News Today – May 24, 2022

Some of Tuesday’s top business news stories:

The Associated Press

Wall Street ends higher following 7 straight weeks of losses, by Damian J. Troise and Alex Veiga

Facebook, Instagram to reveal more on how ads target users, by Amanda Seitz

CNN

Hyundai to invest an additional $5 billion in the US by 2025

Samsung plans to create 80,000 new jobs with $356 billion investment, by Michelle Toh

The Wall Street Journal

Zoom Sales Growth Slows as Pandemic Boom Wanes, by Denny Jacob

Snap Issues Profit Warning on Economic Conditions Including Inflation, by Meghan Bobrowsky

CNBC

Best Buy shares rise after electronics chain’s sales top expectations, by Melissa Repko

Walmart expands its drone-delivery service to reach 4 million households, by Melissa Repko

Reuters

Airbnb to shut domestic business in China from July 30, by Josh Ye and Brenda Goh

News about business journalism:

WSJ hires Jin to cover VC and startups

O’Brien leaves Money for new opportunity

Deffenbaugh joins Protocol as fintech reporter

Davis joins TechCrunch as senior venture capital and startups reporter

Papscun joins Bloomberg Law full-time

What CNET’s redesign has meant for copyeditors, reporters and editors

Insider taps Casado on the travel desk

NY Times biz desk editor Delkic moves to the Express team

Forbes marketing and advertising reporter Swant departs

The Sun hires Armstrong as business editor

Williams-Grut to join the Telegraph as assistant biz editor

Boudreau departs Politico for Insider

WSJ hires Insider’s Huang to cover crypto

CNBC hires Choi to edit business and consumer news

Mariam Ahmed

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