OLD Media News

Talking Biz News — Nov. 2, 2021

Some of Tuesday’s top business news stories:

Associated Press

Drug companies win in California opioid crisis lawsuit, by Robert Jablon, Donald Thompson

Robots hit the streets as demand for food delivery grows, by Dee-Ann Durbin

CNN

Elon Musk offers to sell Tesla stock ‘right now’ if UN can show how $6 billion would solve world hunger, by Wale Azeez

Earnings season tells a tale of two economies, by Julia Horowitz

The Wall Street Journal

Rivian Automotive Targets IPO Valuation Just Above $60 Billion, Corrie Driebusch, Mike Colias

DuPont Plans Moves That Would Remake Chemicals Company, by Cara Lombardo, Dana Cimilluca

CNBC

Automaker Stellantis offering buyouts to pension-eligible U.S. salaried workers, by Michael Wayland

Coca-Cola buys full control of Bodyarmor for $5.6 billion in its largest-ever brand acquisition, by Amelia Lucas

Reuters

Investors tell Big-4 auditors they risk AGM rebellion over climate accounting, by Simon Jessop, Carolyn Cohn

Apple cuts iPad production to feed chips to iPhone 13 -Nikkei

News about business journalism 

Insider senior editor for biz news Horti departs for The Bureau

Thier joins Fortune magazine to cover leadership

NY Times names Goldberg its future of work reporter

Decrypt hires TheStreet’s Elliott as senior writer

WSJ hires AP’s Pisani for speed and trending desk

Menton joins Bloomberg as equities reporter

FT hires Wu to write markets newsletter

Criddle joins FT as a tech reporter

Bloomberg Law hires Nani to cover bankruptcy stories

Pensions & Investments hires Ghosh as senior reporter

CoinDesk names Reynolds its editor in chief

The problem between Facebook and tech reporters

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