Talking Biz News Today – May 6, 2022

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