Some of Thursday’s top business news stories:
The Associated Press
UK unveils emergency budget amid big demands but little cash, by Danica Kirka and Sylvia Hui
CNN
NYC taxi fares expected to increase by 23% by the end of this year, by Zenebou Sylla
Elon Musk gives ultimatum to Twitter employees: Do ‘extremely hardcore’ work or get out, by Donie O’Sullivan and Clare Duffy
The Wall Street Journal
Amazon Confirms Corporate Staff Cuts That Could Hit 10,000 Employees, by Sebastian Herrera and Dana Mattioli
Elon Musk Recently Floated Possibility of Having a Successor at Tesla, a Board Member Says, by Rebecca Elliott and Meghan Bobrowsky
CNBC
Here’s why Home Depot and Lowe’s are booming in a housing market bust, by Diana Olick
Target warns of soft holiday quarter as profit tumbles and sales slow, by Melissa Repko
Reuters
J.P.Morgan predicts a mild U.S. recession next year
U.S. retail sales rise solidly; fourth-quarter GDP estimates raised, by Lucia Mutikani
News about business journalism:
What the WSJ might experience with a new editor in chief
S&P Global reporter Potter departs for a role in public affairs
Abdulla joins Reuters as UK correspondent
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…