Some of Friday’s top business news stories:
Europe’s sweeping rules for tech giants have kicked in. Here’s how they work, by Kelvin Chan
Stock market today: Asian shares mostly decline ahead of Federal Reserve’s Powell speech, by Yuri Kageyama
T-Mobile to lay off 5,000 employees, by Clare Duffy
CNN is launching a live service on Max with new programming as the network reboots its streaming efforts, by Oliver Darcy
Gap Revenue Falls on Weaker In-Store and Digital Sales, by Sabela Ojea
Subway Sandwich Chain Agrees to Sale to Roark Capital, by Heather Haddon
DOJ sues SpaceX alleging hiring discrimination against refugees and asylum recipients, by Michael Sheetz
Highly mutated COVID variant found in new countries but pandemic in ‘a different phase’, by Jennifer Rigby and Julie Steenhuysen
US department stores see higher credit delinquencies amid strained spending, by Katherine Masters and Ananya Mariam Rajesh
How the strike is exposing entertainment industry publications
Engadget reporter Fingas is departing
SABEW hires Klimstra as executive director
New York Times + Washington Post = eight media moves
Bloomberg hires Dobby as Canada finance reporter
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…
Members of the CoinDesk editorial team have sent a letter to the CEO of its…