Talking Biz News — Nov. 23, 2021

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

The Information hits 225,000 active users

Reuters digital executive producer Holeyman departs