Some of Friday’s top business news stories:
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
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
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
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
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
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
Bloomberg Law has hired Olivia Alafriz to cover insurance litigation and regulation. She is on the corporate…
Bloomberg Law has hired Lauren Clason to cover health benefits. She has been a health care reporter…
New York Times business editor Ellen Pollock sent out the following: I’m excited to announce: Mohammed Hadi…
Hannah Dreier, an investigative reporter at The New York Times, won a Pulitzer Prize for investigative reporting…
The Washington Business Journal has hired Ben Peters to cover commercial real estate. He has been the…
Bloomberg Radio has a rare opportunity for a motivated, hardworking Producer to contribute to it's…