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
Columbus Business First assistant managing editor Eleanor Kennedy is leaving the American City Business Journals publication to…
Fortune magazine has named Holly Epstein Ojalvo its senior vice president of strategy and operations. Ojalvo…
Max Bayer, a senior writer for Fierce Biotech, is leaving for a new opportunity. He has…
Reuters correspondent Rachel Savage is leaving the news organization for a new opportunity. She has been the…
Hannah Fairfield, the climate editor at The New York Times, sent out the following announcement:…
The San Francisco Standard has hired Bloomberg News reporter Priya Anand to cover tech culture. She has…