OLD Media News

Talking Biz News — Dec. 7, 2021

Some of Tuesday’s top business news stories:

Associated Press

Treasury wants more oversight of all-cash real estate deals, by Aamer Madhani

Toyota to build $1.3B battery plant near Greensboro, NC, by Gary D. Robertson, Tom Krisher

CNN
Crypto exchange Bitmart says hackers took $150 million, by Jennifer Korn

Jack in the Box is buying Del Taco for $575 million, by Danielle Wiener-Bronner

The Wall Street Journal

Elon Musk Comes Out Against Federal Electric-Vehicle Spending, by rebecca Elliott

High Inflation, Falling Unemployment Prompted Powell’s Fed Pivot, by Nick Timiraos

CNBC

Saudi Aramco CEO warns of social unrest if new investment in fossil fuels ends too quickly, by Emma Newburger

Ford delays return-to-work hybrid program until March amid omicron variant, by Michael Wayland

Reuters

U.S. financial regulators investigate Trump social media deal, by Noor Zainab Hussain, Greg Roumeliotis

GM’s Cruise disputes San Francisco concerns on stops, says ‘double parking’ legal, by Presh Dave

News about business journalism 

Morning Brew hires Fortune’s Bentley as ME for two newsletters

Axios hires Irwin as chief economics correspondent

Vigeland joins WSJ as senior podcast host/producer

Bruell now covering publishing for WSJ

Risk.net hires Goyder as senior staff writer

Reuters hires Lang to cover financial tech

Lawrence to join Portland Biz Journal as reporter

Emerson departs JPIMedia to join Biz Magazine

FT journalists to receive bonuses

Citywire taps Gilbert as deputy editor for New Model Adviser

New role for Citywire editor Robins

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