Some of Thursday’s top business news stories:
Expect big crowds for the summer travel season — and big prices, too, by David Koenig
Meta’s business groups cut in latest round of layoffs, by Clare Duffy
Americans’ outlook on retirement darkens to an 11-year low, by Matt Egan
Elon Musk Urges More Companies to Shrink Like Twitter, by Chip Cutter
China Hack Is Latest Challenge for West’s Diplomatic Reset With Beijing, by Mike Cherney and Austin Ramzy
Best Buy shares rise on earnings beat, even as electronics sales slow, by Melissa Repko
Mortgage demand drops again as rates cross back over 7%, by Diana Olick
Verizon warns customer service employees of impending layoffs- The Verge
Facebook owner Meta slashes business teams in final round of layoffs, by Katie Paul
Gerber joins LA Times biz desk as enterprise reporter
Johnson takes on expanded role at the WSJ
Bloomberg names Gopinath a private equity deals reporter
NBC’s new culture/trends reporter, Bloomberg’s PE beat writer, the end for ‘Vice News Tonight’
The Indianapolis Business Journal is looking for our next news editor, a role that focuses…
Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…
Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…
The Financial Times has hired Veena Venugopal as its India newsletter editor. She has been working at…
Benjamin Parkin has been named Middle East and Africa news editor at the Financial Times, based…