Talking Biz News — Nov. 17, 2021

Some of Wednesday’s top business news stories:

Associated Press

Biden pushes electric vehicle chargers as energy costs spike, by Aamer Madhani, Tom Krisher

Defying inflation, Americans ramped up spending last month, by Christooher Rugaber, Anne D’Innocenzio

CNN

Wall Street bonuses are set to surge at least 20% this year, by Paul R. La Monica

America is in a never-ending housing boom. Home Depot is reaping the rewards, by Paul R. La Monica

The Wall Street Journal

Walmart Raises Forecast and Says Shelves Are Stocked for Holiday Shoppers, by Sarah Nassauer

GE Pounces on Surging Healthcare Demand With Spinoff, by Georgi Kantchev

CNBC

EV start-up Lucid’s market value blows past Ford at more than $89 billion as shares skyrocket, by Michael Wayland

Pfizer submits FDA application for emergency approval of Covid treatment pill, by Spencer Kimball

Reuters

Fed’s inflation debate heats up as Biden nears Fed chair pick, by Ann Saphir, Jonnelle Marte

Yellen extends U.S. default deadline to Dec. 15 after highway payment, by David Lawder

News about business journalism 

Ong departs Bloomberg for ABC in Sydney

Axios hires Collings to cover retail

Bloomberg’s Mehrotra joins ProPublica to cover immigration and labor

Politico Europe names new editorial leadership

Utility Week taps Buddoo as head of content

Telegraph appoints Mustoe as industry editor

Markets Insider signs deal to boost revenue, increase load times

NBC 7 consumer reporter Hansen retiring

Leach to cover private equity for Bloomberg