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
Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…
The Financial Times has hired Veena Venugopal as its India newsletter editor. She has been working at…
Benjamin Parkin has been named Middle East and Africa news editor at the Financial Times, based…
Wired has struck an exclusive partnership with 404 Media, a tech news site launched last…
Bloomberg's Middle East News team is fast and innovative, and our mission is to deliver…
Bloomberg News is one of the biggest financial and business news organizations in the world.…