Some of Wednesday’s top business news stories:
The Associated Press
Germany nationalizes country’s biggest gas importer Uniper, by Frank Jordans
High inflation in sight, Fed to signal more rate hikes ahead, by Christopher Rugaber
CNN
NYC faces a potential fiscal cliff with a nearly $10 billion deficit by 2026, by Alison Kosik and Kate Trafecante
Walmart and Target push to lower credit card fees, by Nathaniel Meyersohn
The Wall Street Journal
Gap Is Cutting 500 Corporate Jobs, by Suzanne Kapner
Amazon’s $1.7 Billion Proposed Purchase of Roomba Maker Under FTC Investigation, by Dave Michaels
CNBC
American Airlines will add new premium suites in 2024 in race for high-paying travelers, by Leslie Josephs
Reuters
Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot, by Hyunjoo Jin
Spotify takes on Amazon’s Audible, launches audiobook service for U.S. users
News about business journalism:
Panetta departs Insider after more than 4 years
Business Insider hires Rafieyan as a senior reporter
Bloomberg hires Afanasieva as a reporter in London
Reporter Woellert departs Politico
Yahoo Finance hires LoGiurato as senior front page editor
Biino joins Business Insider to cover creator economy
Vogt, tech and cybersecurity editor at Politico, becomes national security editor
Neilan departs Business Insider for Tortoise
Reuters appoints Gumbi its Southern African economics correspondent
WSJ named Delmore host of its “As We Work” podcast
Politico Europe hires de Villepin to cover business and politics intersection
