Talking Biz News — Dec. 1, 2021

Some of Wednesday’s top business news stories:

Associated Press

UK competition watchdog orders Facebook to sell off Giphy, by Kelvin Chan

Powell’s warning: Fed to tighten credit faster than expected, by Christopher Rugaber

CNN

European inflation hits 24-year high as energy prices surge, by Wale Azeez

Home prices jumped 19.5% in September, by Anna Bahney

The Wall Street Journal

Twitter Bans Sharing of Private People’s Photos, Videos Without Consent, by Allison Prang, Deepa Seethamaran

Omicron Variant Starts to Hit Travel, Business Flights and Events, by Benjamin Katz, Jenny Strasburg

CNBC

Auto executives say more than half of U.S. car sales will be EVs by 2030, KPMG survey shows, by Michael Wayland

Cyber Monday online sales drop 1.4% from last year to $10.7 billion, falling for the first time ever, by Lauren Thomas

Reuters

Global airlines prepare for Omicron-induced volatility, by Jamie Freed, Rajesh Kumar Singh

Rising inflation, relentless pandemic dampen U.S. consumer confidence, by Lucia Mutikani

News about business journalism 

Wirecutter raises $42,000 for workers who went on strike

Holmes: I “mishandled” process of WSJ reporting on Theranos

Bloomberg TV on-air reporter Hurtado departs

Austin Biz Journal hires Chmais to cover retail and restaurants

Witherden hired by Which? Money as a journalist

WSJ taps Brown to cover tech, create YouTube channel

Jarvis to cover pharma for Bloomberg Opinion

The Real Deal hires Sullivan as senior editor

Yahoo Finance hires Semenova to cover markets

Birmingham Biz Journal hires Parker to cover commercial real estate