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Talking Biz News Today – March 20, 2023

March 20, 2023

Posted by Mariam Ahmed

Some of Monday’s top business news stories:

The Associated Press

Credit Suisse, UBS shares plunge after takeover announcement, by Jamey Keaten and Ken Sweet

New York Community Bank to buy failed Signature Bank, by Ken Sweet

CNN

Global markets rebound after US lenders rescue First Republic Bank, by Laura He and Anna Cooban

YouTube TV will soon cost $72.99 a month, by Jordan Valinsky

The Wall Street Journal

TikTok’s Chinese Parent Has Another Wildly Popular App in the U.S., by Raffaele Huang

Labor Strife at New York Times Intensifies, Dividing Staff, by Alexandra Bruell

CNBC

General Motors’ China business is hurting, and it’s not just because of Covid, by Michael Wayland

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

Reuters

Walmart pumps $200 million in Indian fintech PhonePe in ongoing fundraise

UK’s John Lewis eyes end of 100% staff ownership – The Sunday Times

News about business journalism:

Nashville Biz Journal reporter Hutchinson departing

Biz correspondent Schaffler leaving NJ PBS after 7 years

Bloomberg Media hires chief revenue officer

Hall, WSJ’s professional news editor, departing after 10 years

Dow Jones reviewing its use of ad agencies

Adweek ME Miller departing for new opportunity

MarksJarvis to receive SABEW Distinguished Achievement Award

Your TBN Ticker, LA Times’ new Seoul reporter, Daily Mirror pub plans job cuts

Biz reporter Tollefson leaving Minnesota paper

Financial Standard promotes Williamson to ME

The Puck hires Sherman to cover fashion industry

Talking Biz News Today – March 17, 2023

Fortune’s views explode, a WSJ shakeup, three big Bloomberg moves: TBN Ticker for Fri. March 17

 

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