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