Some of Tuesday’s top business news stories:
The Associated Press
Silicon Valley Bank’s demise disrupts the disruptors in tech, by Michael Liedtke
Why another high inflation report may not cause Fed to hike, by Christopher Rugaber
CNN
Credit Suisse finds ‘material weakness’ in its financial reporting, scraps exec bonuses, by Hanna Ziady
Asian markets tumble as SVB fallout fears rattle banking sector, Laura He
The Wall Street Journal
Pfizer Agrees to Buy Seagen for $43 Billion, by Jared S. Hopkins and Jonathan D. Rockoff
Uber, Lyft Score Victory as California Court Affirms Right to Treat Drivers as Contractors, by Preetika Rana
CNBC
Southwest Airlines vows to increase winter staffing and improve tech after holiday mess, by Leslie Josephs
Mortgage rates tumble in the wake of bank failures, by Diana Olick
Reuters
Walmart offers affordable Easter meals to lure thrifty shoppers
US expected to report strong consumer price increases in February, by Lucia Mutikani
News about business journalism:
Davidson named Fed team leader at Bloomberg
NY Times hires WSJ’s Yi as senior producer
CoinMarketCap acquisition of CoinDesk now on hold
ZDNet senior reporter Palmer departs
Bloomberg hires Carson to cover intersection of money and Silicon Valley
Bloomberg Law hires Arcieri to cover litigation
Qwoted 100: The art of PR with Jordan Goularte of the Abbi Agency
Talking Biz News Today – March 13, 2023
