Media News

Talking Biz News Today – March 28, 2023

Some of Tuesday’s top business news stories:

The Associated Press

Fed official: SVB itself was main cause of bank’s failure, by Christopher Rugaber

Deal to buy Silicon Valley Bank calms bank fears, for now, by Stan Choe

CNN

Chipotle agrees to pay ex-employees after closing store that tried to unionize, by Chris Isidore

Disney begins laying off 7,000 employees, CEO Bob Iger announces, by Jon Passantino

The Wall Street Journal

For Chip Makers, a Choice Between the U.S. and China Looms, by Yuka Hayashi and Jiyoung Sohn

Facebook Parent Plans Lower Bonus Payouts for Some Staff, by Salvador Rodriguez

CNBC

Alibaba to split into 6 units and explore IPOs; shares pop 7%, by Arjun Kharpal

Virgin Orbit extends unpaid pause as Brown deal collapses, ‘dynamic’ talks continue, by Michael Sheetz

Reuters

UK retailers turn positive on sales hopes after bleak winter

 Amazon loses bid to toss consumer antitrust lawsuit, by Mike Scarcella

News about business journalism:

Endpoints News has hired three new editorial staffers

SABEW selects Xana Fellows

Bloomberg Tax hires ALM’s Walker

Bloomberg Opinion hires Williams as an editor

Forbes hires CoStar’s Hamilton as a reporter

Cincy Biz Courier names Demeropolis its new editor

D.C.’s Grid acquires Messenger, Qwoted 100’s latest PR star, Capitol Hill beat changes

Daily Business Review promotes VanOstrand to bureau chief

The Economist names Ogunbiyi co-host of “The Intelligence”

The Telegraph hires Hinchliffe as a personal finance reporter

Goldstein named executive editor of global weekends at Bloomberg

Speight joins Trusted Reviews as a computing editor

Talking Biz News Today – March 27, 2023

Qwoted 100: Maria Amezquita, in the know at Hill + Knowlton

Mariam Ahmed

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