Talking Biz News Today – Oct. 21, 2022

Some of Friday’s top business news stories:

The Associated Press

Report: Elon Musk plans to cut 75% of Twitter workforce

US heating worries mount amid growing costs, uncertainty, by David Sharp

CNN

US home sales fall for 8th month in a row in September, the longest slump since 2007, by Anna Bahney

Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets, by Catherine Thorbecke

The Wall Street Journal

Travel Demand Remains Strong, Airlines Say, by Alison Sider

AT&T Gives Upbeat Outlook as Consumers Splurge on Smartphones, by Dean Seal and Drew FitzGerald

CNBC

Movie theaters want more from Netflix, but the streaming giant isn’t ready to budge on its release model, by Sarah Whitten

Big bargains will dominate the holiday season, but shoppers may not be sold, by Melissa Repko

Reuters

Musk says recession could last until 2024

Pfizer expects to hike U.S. COVID vaccine price to $110-$130 per dose, by Michael Erman

News about business journalism:

Roach departing Protocol for a new opportunity

CNBC’s Pisani on how financial journalism has changed

Ho hired by ARTNews to cover business of the art industry

Politico hires Reorg’s Loeffler to run its pro business

Bloomberg Radio has hired Adams as a host

What readers told the FT about its newsletters

Bloomberg promotes Moran to deputy editor of muni team

Washington Post hires FT’s Kommenda