Some of Wednesday’s top business news stories:
Associated Press
Nations agree to release 60M barrels of oil amid Russian war, by David McHugh
Space junk on 5,800-mph collision course with moon, by Marcia Dunn
CNN
Wheat futures are soaring. Food prices could be next, by Danielle Wiener-Bronner
Bitcoin jumps back above $40,000 as Russians switch to crypto, by Michelle Toh
The Wall Street Journal
War in Ukraine Disrupts Ships Around the Globe, by Costas Paris, Benoit Faucon
Target Profit Rises as Annual Revenue Crosses $100 Billion, by Sarah Nassauer, Charity L. Scott
CNBC
AMC is charging more for ‘The Batman’ tickets as it tests out a new pricing model, by Sarah Whitten
GM sells its stake in embattled EV start-up Lordstown Motors, by Michael Wayland
Reuters
Exxon to exit Russia, leaving $4 bln in assets, Sakhalin LNG project in doubt, by Sabrina Valle
Nordstrom shares jump after retailer projects strong full-year results
News about business journalism
FT hits 1 million digital subscribers
Olshan named WSJ personal finance bureau chief
Loeb Awards now accepting admissions
Gizmodo and Jalopnik among G/O Media sites on strike
CoStar hires Rohit to cover Austin real estate
McGraw Fellowships for Business Journalism accepting applications for Spring 2022
Fass departs Inc/Fast Company for new opportunity
Wilson departs Forbes for VC fund
Bloomberg hires Rao as markets hub editor
Pinsker hired as personal finance editor for WSJ Commerce
Cunningham named editor of South Indiana Business
Golshan to join Vanity Fair’s The Hive as editor
