Some of Wednesday’s top business news stories:
The Associated Press
‘Zombie Debt’: Homeowners face foreclosure on old mortgages, by Michael Hill
Rent stabilization measures win in US midterm election, by Janie Har
CNN
Wealthier shoppers turn to Walmart for groceries, by Nathaniel Meyersohn
Twitter chaos spills into public view as Musk clashes with and fires employees on the platform, by Clare Duffy, Oliver Darcy and Donie O’Sullivan
The Wall Street Journal
Tesla Projections Take Center Stage on Day Two of Elon Musk Compensation Trial, by Rebecca Elliott and Meghan Bobrowsky
Meta, Lyft, Salesforce and Other Tech Firms Dump Office Space as They Downsize, by Peter Grant
CNBC
Ford says making its own parts for electric vehicles could offset job losses, by Michael Wayland
Ad market worse than during lows of the pandemic, says Warner Bros Discovery CEO David Zaslav, by Alex Sherman
Reuters
RPT Amazon launches virtual healthcare clinic in U.S. for common ailments
Walmart lifts annual forecast, announces $20 bln share buyback, by Siddharth Cavale and Uday Sampath Kumar
News about business journalism:
Arnold promoted to editor of San Antonio Biz Journal
Protocol’s leaders explain its closing
Dawn Wotapka’s Media Movers: Roben Farzad of ‘Full Disclosure’
FT’s Moisson publishes book on fund management industry
Tech news site Protocol is closing after two-plus years
Texas Tribune hires Foxhall to cover energy
Houston Chronicle hires Diamond as business editor
Washington Post is starting Tech Friend newsletter
Forbes acquisition could fetch $800 million
WSJ hires Linskey to cover economic policy
NPR hires Simon as climate solutions reporter
WSJ names Jamerson its East Coast bureau chief
