Talking Biz News Today — June 11, 2021

Some of Friday’s top business news stories:

Associated Press

Another jump in prices tightens the squeeze on US consumers, by Martin Crutsinger

US unemployment claims fall to 376,000, sixth straight drop, by Paul Wiseman

CNN

Home equity grew by $2 trillion in the first quarter, by Anna Bahney

Serious cyberattacks in Europe doubled in the past year, new figures reveal, as criminals exploited the pandemic, by Nick Paton Walsh

The Wall Street Journal

Amazon Faces Possible $425 Million EU Privacy Fine, by Sam Schechner

Tesla Introduces Upgraded Model S to Jump-Start High-End Model Sales, by Rebecca Elliott

CNBC

Millennial millionaires have a large share of their wealth in crypto, CNBC survey says, by Robert Franck

Back-to-school spending likely to top pre-pandemic levels as parents and kids seek a fresh start, by Melissa Repko

Reuters

Detroit becomes ‘Jeep City’ with first new auto plant in 30 years

Archer’s flying taxi makes splashy debut in heated market

News about business journalism

Bloomberg Businessweek wins Ellie for single topic issue

San Antonio Biz Journal editor Quesada is leaving

Union says Bloomberg Industry Group not willing to negotiate return to work

Saskatchewan biz news site hires Lozinski

How Quartz uses newsletters to get paying members

WSJ’s Deng wins Livingston Award for international reporting

The ethics of owning bitcoin

Bergeron joins Reorg as municipals reporter

Bloomberg’s Schneider to become political news director

NBC’s Solon shifts to tech investigations reporting