Some of Wednesday’s top business news stories:
Associated Press
Secret Service: Nearly $100B stolen in pandemic relief funds, by Jennifer McDermott
Omicron casts a new shadow over economy’s pandemic recovery, by Paul Wiseman, Anne D’Innocenzio
CNN
Boeing and Airbus want Biden administration to delay rollout of 5G cell service, citing safety concerns, by Pete Muntean
Nike is trying to outrun supply chain problems, by Charles Riley
The Wall Street Journal
Surging Inflation Has Workers Demanding Bigger Raises. Could It Lead to a Wage-Price Spiral?, by David Harrison, Sarah Chaney Cambon
Nikola to Pay $125 Million in SEC Settlement, by Kimberly Chin
CNBC
Superyacht building boom creates a supply crunch and crew shortage for ultrarich buyers, by Robert Frank
Drugstore chain Rite Aid to close at least 63 stores in the coming months, by Lauren Thomas
Reuters
Kellogg strike ends as workers approve new labor agreement, by Praveen Paramasivam
BlackBerry revenue beats estimates as cybersecurity demand stays strong
News about business journalism
Investment firm looking to buy Forbes for $620 million
FT names Kundert its chief product and technology officer
Mayes to cover British Treasury for Bloomberg News
AP hires Hussein to cover Treasury Department
PBS Next Avenue managing editor Eisenberg set to retire
Longtime biz journalist Tejada has died
Robinson to take over Economist’s British politics column
Forbes hires Farivar of NBC News as a senior reporter
