Some of Friday’s top business news stories:
The Associated Press
Stock market today: World shares mostly lower, oil advances, by Elaine Kurtenbach
Elon Musk’s Twitter drops government-funded media labels, by Barbara Ortutay
CNN
BuzzFeed News will shut down , by Oliver Darcy
Ikea stores coming soon to 8 new US locations, by Anna Cooban
The Wall Street Journal
Apple Plans iPhone Journaling App in Expansion of Health Initiatives, by Aaron Tilley
Mark Zuckerberg Says Meta Will Slow Hiring, Won’t Rule Out Future Layoffs, by Salvador Rodriguez, Jeff Horwitz and Sam Schechner
CNBC
Home sales fell in March amid volatility in mortgage rates, by Diana Olick
SpaceX Starship rocket launches in historic test but explodes mid-flight, by Michael Sheetz and Sara Salinas
Reuters
Procter & Gamble raises full-year sales forecast on higher pricing
Amazon launches program to identify and track counterfeiters
News about business journalism:
Bloomberg Media announces new streaming programming
Why business journalists like LinkedIn
SABEW executive director Graham resigns
Bloomberg is expanding its artificial intelligence coverage
CNN hires Buchwald as economy explainer reporter
Skift editor in chief has departed
BuzzFeed shuts down, USA Today’s EIC departs, media moves at NBC News, CNN
Bloomberg contemplates life without Bloomberg
Insider is laying off 10 percent of its US staff
Cobb joins The Wrap as a senior TV reporter