OLD Media News

Talking Biz News – Dec. 21, 2021

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 

dotLA ME Uranga is departing

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

Irina Slav

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