Some of Friday’s top business news stories:
The Associated Press
Biden to plug manufacturing initiative at Ohio metal company, by Aamer Madhani
Small businesses in need of a loan find banks are stingy, by Mae Anderson
CNN
Dow plunges more than 1,000 points in Wall Street’s worst day of the year, by Nicole Goodkind
Shipping delays are back as China’s lockdowns ripple around the world, by Laura He
The Wall Street Journal
News Corp Revenue Boosted by Gains in Dow Jones and Real-Estate Units, by Alexandra Bruell
Elon Musk Gets $7 Billion in Fresh Financing for Twitter Deal, by Will Feuer and Heather Somerville
CNBC
Regulators propose first major revamp to fair housing rules since 1995, by Jeff Cox
Bitcoin drops 8% as $126 billion is wiped off the cryptocurrency market, by Arjun Kharpal
Reuters
Analysis: Musk’s new Twitter funding could draw TikTok-like U.S. scrutiny, by Echo Wang
Tesla targets pre-lockdown output in Shanghai by mid-May
News about business journalism:
Washtell named deputy city editor at Mail on Sunday
Gizmodo site traffic up 10 percent in first quarter
FT taps Raptopoulos for new role
Dow Jones, operator of WSJ, Barron’s reports strong third quarter
WSJ taps Sanghvi as social media editor
Telegraph hires Haynes as personal finance reporter
Wired hires Farokhmanesh to cover gaming
WSJ promotes Ziobro to breaking news editor
Mosbergen joins WSJ as medical science reporter