Talking Biz News Today — July 12, 2021

Some of Monday’s top business news stories:

Associated Press

Musk under fire again: CEO to testify over Tesla acquisition, by Tom Krisher

California and other parts of the West broil and burn, by Christopher Weber

CNN

Inflation is rising but the reasons why are changing, by Anneken Tappe, Hanna Ziady

Restaurant workers are quitting in droves. That might not change anytime soon, by Danielle Wiener-Bronner

The Wall Street Journal

Richard Branson’s Virgin Galactic Flight Opens Door to Space Tourism, by Micah Maidenberg, Doug Cameron

Earnings Kick Off With Sky-High Forecasts, Record Stock Market, by Karen Langley

CNBC

Nordstrom buys stake in four apparel brands owned by U.K. fashion house Asos, in bid for younger shoppers, by Lauren Thomas

Biogen stock falls after FDA calls for federal investigation into Alzheimer’s drug approval, by Berkeley Lovelace Jr.

Reuters

Multinationals tax shift unlikely until 2022, says Yellen, by David Lawder, Gavin Jones

Big insurance companies launch net-zero climate alliance

News about business journalism

WSJ reporter Gold joining Texas Monthly

Quartz’s Bell on business journalism: Interest of readers is paramount

Express names Sheldon acting personal finance editor

WSJ editor: We will continue to cover big New York stories

MarketWatch taps Bloomberg’s Chen to cover rates and currencies

NBC News hires Childers as executive editor for business, tech and media

Private Debt Investor hires Haley as reporter

Fallor joins Dealreporter as senior antitrust reporter

WSJ’s Brody departing to freelance

WBJ hires Hamilton as reporter

Courier appoints Hustad as senior reporter

Protocol appoints Krazit its enterprise editor