Some of Wednesday’s top business news stories:
The Associated Press
World shares slip ahead of Fed interest rate decision, by Elaine Kurtenbach
CNN
A record 4.5 million Americans quit their jobs in March, by Anneken Tappe
Starbucks will raise wages again — but not for unionized workers, by Danielle Wiener-Bronner
The Wall Street Journal
Social-Media Startups Take Aim at Facebook. And Elon Musk, by Deepa Seetharaman
Elon Musk Plans to Take Twitter Public a Few Years After Buyout, by Cara Lombardo and Eliot Brown
CNBC
Paxlovid prescriptions to treat Covid increased tenfold in U.S. since late February, Pfizer says, by Spencer Kimball
Starbucks suspends its outlook as Covid lockdowns hammer sales in China, by Amelia Lucas
Reuters
Investors keep power dry ahead of Fed, crude jumps, by Huw Jones
From coffee to ketchup, retailers seek price ‘shields’ as inflation runs riot, by Richa Naidu and Jessica DiNapoli
News about business journalism:
Bloomberg hires Benning as managing editor
How a NY Times reporter is covering Musk’s deal for Twitter
MarketWatch.com hires Han as a personal finance reporter
Crypto news site Decrypt spins out from parent after raising $10M
Bloomberg Law’s Bauman joining Newsweek
Man charged with securities fraud after accessing Motley Fool picks
Ag reporter Bustillo departing Politico for NPR
Weinman to launch Insider’s daily finance newsletter
WSJ taps Tanzer and Khan on the Style news desk
The Pacific Business News, an American City Business Journals publication, has hired Janis Magin Meierdiercks as…
Sadia Nowshin, a reporter at European startup news site Sifted, is leaving to join literary…
Variety has promoted Ethan Shanfeld to TV reporter. William Earl of Variety writes, "Shanfeld joins the entertainment…
Kasia Klimasinska is the new team leader for DC breaking news at Bloomberg News. She…
Paul Smalera has organized a gathering of James Ledbetter's friends and colleagues—open to all…
Real estate news service CoStar News has hired Rachel Scheier to cover the San Francisco commercial market.…