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Talking Biz News Today – March 29, 2023

March 29, 2023

Posted by Mariam Ahmed

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

Veteran Variety journalist Dore announces retirement

Tech review site Tom’s Guide appoints Kozuch ME

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