Some of Wednesday’s top business news stories:
Associated Press
Google ads gain fuels profit for parent company Alphabet
“Buy it when you see it.” Retailers dread holiday shortages, by Mae Anderson
CNN
Wall Street’s $1 trillion club is growing. Don’t pop the champagne, by Julia Horowitz
UPS just posted record-breaking profits, plans to hike prices in 2022, by Moira Ritter
The Wall Street Journal
Corporate Minimum Tax Resurfaces as Democrats Hunt for Money, by Richard Rubin, Theo Francis
GE’s Profit Rises, but Supply-Chain Woes Weigh on Sales, by Thomas Gryta
CNBC
Food companies could see $3 billion in monthly sales vanish, as low-income households get squeezed, by Melissa Repko
Biden hopes fines on lingering cargo ships ease congestion at major U.S. ports, by Amanda Macias
Reuters
U.S. demand for oil surges, depleting tanks in Oklahoma, by Stephanie Kelly
UN urges G20 to ensure finance sector’s climate pledges are solid, by Simon Jessop
News about business journalism
FT hires Bernal as deputy tech news editor
Turk joins Rest of World as features director
Forbes deputy wealth editor Wang exits
Bloomberg names Collins its Washington bureau chief
Fast Company senior editor Schwab set to leave
WSJ hires Munslow as senior platform editor
Bloomberg taps Shepard as executive editor for US government news
WSJ reporter Horwitz to write book on Facebook
Costar hires Orlando Biz Journal’s Witthaus
Wee of NY Times moves from biz desk to SE Asia bureau chief
WSJ senior editor Davis to retire after 39 years
