Media News

Talking Biz News Today – March 17, 2023

Some of Friday’s top business news stories:

The Associated Press

Fed lent $300B in emergency funds to banks in the past week, by Christopher Rugaber

Big banks create $30B rescue package for First Republic, by Ken Sweet

CNN

South Korea to build ‘world’s largest’ chip center with $230 billion investment from Samsung, by Juliana Liu, Yoonjung Seo and Gawon Bae

Global markets mixed as Credit Suisse accepts $54 billion lifeline, by Laura He and Anna Cooban

The Wall Street Journal

YouTube to Raise Prices on TV Offering, by Denny Jacob

TikTok CEO’s Message to Washington: A Sale Won’t Solve Security Concerns, by Stu Woo

CNBC

FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit, by Noah Sheidlower

Retailers see a tough year ahead, so they’re rolling out the recession playbook, by Melissa Repko

Reuters

SpaceX, Netflix, Boeing to join “biggest-ever” US business mission to Vietnam, by Francesco Guarascio

Amazon slams $265 mln tax order as it seeks to get EU appeal thrown out, by Foo Yun Chee

News about business journalism:

The Plug is unplugging

Pereira joins BNN Bloomberg as a chase producer

CNBC hires Ansari as senior VP of business transformation

Reuters hires Lombardi as an energy and climate reporter

S&P’s Weber leaving journalism after 27 years

Citywire appoints Wenik editor of Citywire RIA

Nobel Prize winner Ressa joins Intercept, Cosmo’s new staffer, NYT names Russia correspondent

WaPo launches subscription bundle in partnership with Headspace

Talking Biz News Today – March 16, 2023

Mariam Ahmed

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