OLD Media News

Talking Biz News — Dec 8, 2021

Some of Wednesday’s top business news stories:

Associated Press

Major outage at Amazon disrupts businesses across the US, by Frank Bajak, Barbara Ortutay

‘Pharma Bro’ firm reaches $40M settlement in gouging case

CNN

Elon Musk doubles down on ending ‘subsidies’ as competitors now reap more benefits, by Matt McFarland

American productivity fell by the largest amount since 1960, by Anneken Tappe

The Wall Street Journal

Jeep Maker Stellantis Bets on Software to Boost Revenue, by Nick Kostov, Nora Naughton

Instagram Unveils New Teen Safety Tools Ahead of Senate Hearing, by Shara Tibken

CNBC

Visa launches crypto consulting services in push for mainstream adoption, by Ryan Browne

Jet founder Marc Lore plots U.S. expansion of food delivery biz: A ‘one-stop shop’ for cooked meals, by Lauren Thomas

Reuters

Record exports sharply narrow U.S. trade deficit, by Lucia Mutikani

Uber, Deliveroo could be hit by draft EU rules for gig workers, by Foo Yun Chee

News about business journalism 

Carr named editor of FT’s Investor’s Chronicle

NBC News tech investigations team hires Matsakis

WSJ hires Tibken as personal tech news editor

WSJ, Dow Jones launch major polling initiative

Bloomberg News staffer Haze Fan remains detained in China

Barron’s creates innovative story formats team

Stone promoted to editor of Barron’s Advisor

Bloomberg Law’s Penn moves to Justice beat

Taylor to join Bloomberg as a reporter

Bloomberg hires Cerón for equality team as breaking news reporter

Barron’s hires Foster as senior writer

Irina Slav

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