Some of Friday’s top business news stories:
Associated Press
March US incomes surge as relief rolls out, spending jumps, by Martin Crutsinger
Europe’s economy shrinks in first quarter as US rolls ahead, by David Mchugh
CNN
The global chip shortage is going from bad to worse. Here’s why you should care, by Hanna Ziady
Amazon profit soars more than 200% in the first quarter, by Clare Duffy
The Wall Street Journal
Big Oil Companies Recover as Prices Rebound, by Christopher M. Matthews
China Orders Tech Giants to Unbundle Financial Services, by Keith Zhai
CNBC
Private jet charter company VistaJet targets carbon neutrality by 2025, by Karen Gilchrist
Wind energy could generate 3.3 million jobs within five years, industry body claims, by Anmar Frangoul
Reuters
Wall Street drifts lower; S&P 500 on track for third straight month of gains, by Shivani Kumaresan
U.S. fast-food chains cash in, seize market share during pandemic, by Hilary Russ
News about business journalism
National Mortgage News hires Lee as a reporter
WSJ.com turns 25, shows legacy of innovation
Marketplace reporter Beras is departing
Insider hires Schwartz as a senior correspondent
Reuters creates new roles for sustainable finance coverage
Bloomberg names Whitelaw its Brussels bureau chief
Forbes considers SPAC, and investor bid for $700 million
Buffalo Inno to launch next month
Reorg reporter Skelding hired by NY Post