Some of Tuesday’s top business news stories:
Associated Press
Biden boosts fuel-economy standards to fight climate change, by Matthew Daly
Inflation squeezes holiday budgets for low-income shoppers, by Anne D’Innocenzio
CNN
Walmart sued for allegedly dumping over a million hazardous items a year, by Ramishah Maruf
Employers had a rough 2021. Now here comes Omicron, by Kathryn Vasel
The Wall Street Journal
Oracle’s Larry Ellison Targets the Health Cloud With $28.3 Billion Bid for Cerner, by Aaron Tilley
Christie’s Sells $7.1 Billion in Art, the Highest in Five Years, by Kelly Crow
CNBC
Electric vehicle stocks tumble after Manchin rejects Biden’s climate and social plan, by Michael Wayland
Shopping in stores on the final Saturday before Christmas down 26% from pre-pandemic levels, by Lauren Thomas
Reuters
Nike beats revenue estimates on North America demand, by Uday Sampath Kumar
Two U.S. senators seek probe into Amazon.com labor practices
News about business journalism
How Insider’s Cosgrove covers the supply chain beat
Birmingham Biz Journal hires O’Leary to cover banking and legal beat
Protocol hires Counts to cover enterprise SaaS
Insider staffers to receive $1,000 holiday bonus
NerdWallet hires Din to cover personal finance
Protocol appoints Grieve editor-in-chief
Edwards leaving Argus Media for new energy journalism job
WSJ reporter Sebastian moving to Hong Kong to cover tech finance
CNBC’s Cramer tests positive, will host “Mad Money” from home
Barron’s hires Lenz as head of design and visuals
