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
The San Francisco Standard has hired Bloomberg News reporter Priya Anand to cover tech culture. She has…
With a portfolio of 18 newsletters and hundreds of thousands of subscribers, Reuters has a…
Kitty Donaldson, UK political editor for Bloomberg News, is leaving the news organization for a…
Melara Enterprises seeks a business journalist to join our team in developing and producing original content…
Joanna Sullivan, the editor in chief of the Baltimore Business Journal, writes about the redesign…
Fortune has won the the Best Editorial Package award in the annual Digiday Media Awards…