Some of Wednesday’s top business news stories:
Associated Press
Super Bowl’s return provides boost to hard-hit LA businesses, by Alex Veiga
Money for nothing: Cities’ crypto push draws fans, critics
CNN
Household debt jumped by $1 trillion in 2021, the most since 2007, by Anna Bahney
Peloton is replacing its CEO and cutting 2,800 jobs, by Jordan Valinsky
The Wall Street Journal
Lyft’s Revenue Jumps 70% as Higher Fares Offset Fewer Riders, by Maria Armental
Apple Will Let Businesses Use iPhones to Take Customer Payments, by Will Feuer
CNBC
U.S. Army’s first climate plan calls to slash emissions and build electric vehicle fleet, by Emma Newburger
Return-to-office will boost demand for personal care products in the spring and summer, Edgewell CEO says, by Kevin Stankiewicz
Reuters
Toyota cuts output target by half a million more vehicles amid chip crunch
Meta, Chime file lawsuit against alleged phishing scam on Facebook, Instagram, by Elizabeth Culliford
News about business journalism
Bloomberg editorial now has 100 million total consumers, says deputy editor in chief
Reuters News parent misses earnings estimate
Dallas Morning News hires Parton to cover real estate
Iowa daily appoints Reese business reporter
ProPublica series on tax evasion wins Selden Ring Award
Bloomberg hires Gani as fintech reporter
ACBJ’s Ellis departs for new opportunity
American Lawyer writer Jackson departs for Atlanta daily
Abrams joins the Biz of Biz as data editor
