Some of Friday’s top business news stories:
A key inflation gauge tracked by Fed remained high in March, by Christopher Rugaber
Fed’s review of role in Silicon Valley Bank collapse due out, by Christopher Rugaber and Ken Sweet
Amazon posts $3.2 billion profit as it goes through multiple rounds of layoffs, by Krystal Hur
US worker pay gains picked up in the first quarter, by Bryan Mena
Amazon Rebounds From Postpandemic Doldrums, but Says Cloud Growth Is Slowing, by Sebastian Herrera
Exxon, Chevron Profits Are Robust Even as Oil Prices Drop, by Collin Eaton
Southwest scales back 2023 hiring because of Boeing aircraft delays, by Leslie Josephs
Bed Bath & Beyond store closures will kick off a land grab for fast-growing retailers, by Melissa Repko
U.S. consumer spending flat in March; core inflation still strong
Microsoft signs 10-year deal with Spain’s Nware after UK blocks Activision bid
Reuters hires Wong as senior editor, wider image and special projects
WSJ Magazine editor O’Neill is leaving
Yahoo Finance hires Friar as front page editor
Bloomberg’s Elkin named interim team leader for power and renewables
Biz journalist Lynley starts AI newsletter “Supervised”
WSJ’s Beckett: Gerskovich was a “natural” reporter
Talking Biz News Today — April 27, 2023
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…