Some of Wednesday’s top business news stories:
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
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
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
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
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
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
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…