Some of Friday’s top business news stories:
The Associated Press
Average long-term US mortgage rates tumble to 6.61%, by Matt Ott
CNN
Amazon CEO says job cuts will continue into next year, by Catherine Thorbecke
Twitter employees head for the exits after Elon Musk’s ‘extremely hardcore’ work ultimatum, by Clare Duffy and Oliver Darcy
The Wall Street Journal
Meta Employees, Security Guards Fired for Hijacking User Accounts, by Kirsten Grind and Robert McMillan
Starbucks Workers Strike at More Than 100 Stores Across U.S., by Heather Haddon
CNBC
Walmart and Target’s quarterly results lay bare the retailers’ stark differences, by Melissa Repko
Reuters
Gap beats quarterly estimates on steady demand for formal clothing, by Granth Vanaik and Ananya Mariam Rajesh
Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse, by Paresh Dave and Katie Paul
News about business journalism:
FT names Meixler Asia world news editor
How CNBC’s Sheetz began covering the space industry
Why Kiplinger’s newsletter has been so successful
The Information and Vice Media to collaborate on FTX documentary
FT launches fashion industry newsletter
Morning Brew executive editor Nusca among the departures
SABEW’s Best in Business will open for entries on Dec. 1
Los Angeles Times Assistant Managing Editor for Entertainment and Arts Craig Nakano made the following…
The Pacific Coast Business Times, which is celebrating its 25th anniversary, has posted an editorial…
Columbus Business First, an American City Business Journals publication, has hired Leslie Caimi as a reporter covering…
Bloomberg News is one of the biggest financial and business news organizations in the world.…
Bloomberg is seeking a curious, talented and persistent Washington-based reporter to cover the US government’s…
Frederic Lardinois, senior enterprise editor at TechCrunch, has left to join The New Stack as…