OLD Media News

Talking Biz News — Oct. 15, 2021

Some of Friday’s top business news stories:

Associated Press

US wholesale prices rose record 8.6% over 12 months, by Martin Crutsinger

Bank profits soar, helped by merger frenzy, fewer bad loans

CNN

Business leaders expect supply chain turmoil to last well into 2022, by Jordan Valinsky

Mortgage rates are going up again, by Anna Bahney

The Wall Street Journal

Jana Partners Takes Stake in Macy’s, Urges E-Commerce Spinoff, by Dana Cimilluca, Cara Lombardo

Effort to Bar Tech Companies From ‘Self-Preferencing’ Gains Traction, by John D. McKinnon

CNBC

Head of Uber Freight says the U.S. is in a ‘shipping Armageddon’ and there’s no one solution, by Kevin Stankiewicz

Walgreens shares surge as CEO Roz Brewer outlines plans to make health care its growth engine, by Melissa Repko

Reuters

J&J puts talc liabilities into bankruptcy, by Mike Spector, Dan Levine

U.S. port’s supply chain fix challenge: selling 24/7 shifts, by Lisa Baertlein

News about business journalism 

Kelly switches to oil beat at Reuters

Bloomberg hires Rangarajan as senior investigative data reporter

Stacker hires Etkin as head of content strategy

Consumer Reports has hired a chief strategy officer

Markets reporter Ro to start Substack newsletter

Marsh to cover politics for Reuters in Germany

Bloomberg Businessweek reject challenges to its MBA rankings

The Logic hires Snyder as Alberta correspondent

Lin joins IHS Markit as climate and sustainability reporter

CNET hires Bricknell as senior editor

Regional publisher Archant to boost energy coverage

Irina Slav

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