Some of Friday’s top business news stories:
The Associated Press
Twitter’s blue check: Vital verification or status symbol?, by Barbara Ortutay
Bank of England makes biggest interest rate hike in 30 years, by Danica Kirka
CNN
Employees sue Elon Musk’s Twitter after staff are informed that layoffs are set to begin, by Donie O’Sullivan
Amazon will pause corporate hiring for months, by Catherine Thorbecke
The Wall Street Journal
Elon Musk Revamps Twitter With Help From Tesla Staff, by Alexa Corse, Rebecca Elliott and Robert McMillan
General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads, by Suzanne Vranica and Patience Haggin
CNBC
Starbucks U.S. sales climb as customers spend more on pricey drinks, by Amelia Lucas
Warner Bros Discovery reports underwhelming revenue, says new streaming service coming earlier, by Lillian Rizzo
Reuters
U.S. holiday sales to slow as inflation tests consumer resilience -report
News about business journalism:
CNBC president: We will launch a new business news show in 2023
Washington Post hires Weil to cover new tax beat
TechCrunch deputy editor Crook is departing
How biz news publisher BridgeTower Media boosted its audience by 227%
CNBC has cancelled “The News with Shepard Smith” to focus on biz news
Anand to receive Dow Jones News Fund’s Levine Award
Cook departs S&P Global for Amazon
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…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…