Some of Wednesday’s top business news stories:
The Associated Press
US wholesale inflation fell last month on lower food costs, by Christopher Rugaber
US futures fall as bank anxiety hits global markets, by Joe McDonald and Matt Ott
CNN
Argentina’s inflation tops 100% for the first time since 1991, by Stefano Pozzebon
Americans pulled back on their spending in February, after a strong January, by Alicia Wallace
The Wall Street Journal
U.S. Airlines Expect Strong Demand as Travelers Find Postpandemic Routines, by Alison Sider
Facebook Parent Meta Plans 10,000 Job Cuts in New Round of Layoffs, by Sam Schechner
CNBC
Amazon shows off new satellite internet antennas as it takes on SpaceX’s Starlink, by Michael Sheetz
Mortgage demand rises despite volatile interest rates, by Diana Olick
Reuters
Little relief for US consumers as sticky rents keep inflation elevated, by Lucia Mutikani
Credit Suisse sheds nearly 25%, key backer says no more money, by Noele Illien
News about business journalism:
The success of Charlotte Ledger, a local business newsletter
WSJ hires Harris as managing editor
Bloomberg announces staff reshuffling
WSJ hires Cervantes as a social media editor
Robertson named senior editor for tech and policy at The Verge
Michel Martin joins NPR’s ‘Morning Edition’, new NBC pols reporter, press moves worldwide
Siegel joins Bloomberg Law as a senior reporter
Price joins Law360 as a reporter
Talking Biz News Today – March 14, 2023
