Some of Tuesday’s top business news stories:
Associated Press
Target to keep stores closed on Thanksgiving for good, by Anne D’Innocenzio
October existing home sales hit fastest pace since January, by Alex Veiga
CNN
Rivian shares plunge after saying it won’t work with Ford on EVs, by Chris Isidore
This cult teen brand is quitting social media amid growing safety concerns, by Parija Kavilanz
The Wall Street Journal
Comcast Weighs Pulling Some Content From Hulu in Effort to Boost Peacock, by Lillian Rizzo Joe Flint
Authentic Brands Raises $3.5 Billion, Pushes Back IPO, by Matt Grossman, Miriam Gottfried
CNBC
Walmart looks to grab consumers’ attention with star-studded online shopping events, by Melissa Repko
American, JetBlue seek dismissal of antitrust lawsuit tied to partnership, by Leslie Josephs
Reuters
U.S. set to unveil emergency oil release in bid to fight high prices, by Valerie Volcovici, Timothy Gardner
U.S. lawmakers call for privacy legislation after Reuters report on Amazon lobbying, by Chris Kirkham, Jeffrey Dastin
News about business journalism
ACBJ’s Inno launching subscription product
Axios hires biz reporter Rau for Nashville
Smolaks joins Data Center Knowledge as senior editor
Biz reporter Bradshaw joins strat comm firm
Thomson Reuters backs out of military pledge after concerns
Morning Consult hires Kendrick as geopolitics reporter
European tech news site Sifted, backed by FT, receives investment
Bloomberg appoints Mangi its Pakistan bureau chief