Some of Wednesday’s top business news stories:
The Associated Press
Poll: Cut federal spending — but not big-ticket programs, by Josh Boak and Hannah Fingerhut
UBS brings back Ermotti as CEO with Credit Suisse deal ahead, by Jamey Keaten
CNN
Apple launches buy now, pay later service, by Jennifer Korn
Elon Musk: Only paid subscribers will get recommended in Twitter ‘For You’ feed, by Chris Isidore
The Wall Street Journal
EV Startup Lucid Cuts 18% of Workforce, Including Some Executives, by Sean McLain
The Metaverse Is Quickly Turning Into the Meh-taverse, by Meghan Bobrowsky
CNBC
Dollar General in settlement talks over workplace safety violations, federal agency says, by Natasha Piñon
Rent growth drops back to pre-pandemic levels, but some markets are falling much harder, by Diana Olick
Reuters
US consumer confidence rises as Americans shrug off bank failures, by Lucia Mutikani
Alibaba’s breakup lifts hopes China’s regulatory winter is thawing, by Ankur Banerjee
News about business journalism:
Cardinal News hires Busse as a biz reporter
Washington Post makes changes to tech team
Kiplinger hires Svokos as senior digital editor
NYFWA’s Financial Follies is coming in May
Debtwire taps Antenen as a senior editor
Talwar joins WWD as a business reporter
Al-Monitor names Dutton chief biz correspondent in Europe
Bloomberg Law hires Louis to cover litigation
