OLD Media News

Talking Biz News Today — Aug 18, 2021

Some of Wednesday’s top business news stories:

Associated Press

US factory production rebounds at fastest pace in 4 months, by Martin Crutsinger

Fed’s Powell: There’s no returning to pre-pandemic economy, by Martin Crutsinger

CNN

Companies are hoarding cash as the Delta variant takes over the globe, by Paul R. La Monica

These are the jobs that stores are having the hardest time filling, by Nathaniel Meyersohn

The Wall Street Journal

Home Depot’s Sales Growth Flattens After Year of Rapid Gains, by Matt Grossman

Wildfire Season: PG&E Blacks Out Some Customers to Reduce California Risks, by Katherine Blunt, Elena Shao

CNBC

Retail sales drop worse-than-expected 1.1% in July as rising Covid fears hit consumers, by Jeff Cox

Americans are spending $765 more a month than they did in 2020, survey finds, by Jessica Dickler

Reuters

GM workers’ historic vote in Mexico tests new trade deal, by Daina Beth Solomon

Walmart raises forecast as people return to stores; online sales slow, by Aishwarya Venugopal, Richa Naidu

News about business journalism 

Forbes talking about going public at $650 million valuation

Morning Consult hires Epstein as a senior editor

Ag commodities reporter Jha leaves Bloomberg

Express.co.uk hires three on business news desk

Muirhead to cover business for the Daily Mail

Biz journalist Hughes joins Real Times Media

St. Louis Biz Journal hires Drew as reporter

ACBJ launching AZ Inno

Reynolds biz journalism chair Timmermans on his plans

Ex-Fox Business journalist Eckhart launches weekly podcast

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