OLD Media News

Talking Biz News Today — June 17, 2021

Some of Thursday’s top business news stories:

Associated Press

Fed sees earlier time frame for rate hikes with inflation up, by Christopher Rugaber

GM, Ford outdo each other with electric vehicle investments, by Tom Krisher

CNN

New Yorker, Ars Technica and Pitchfork reach agreement on union contracts after contentious battle with Condé Nast, by Kerry Flynn

The housing market is so hot buyers are paying $1 million over asking price, by Anna Bahney

The Wall Street Journal

U.S. Housing Market Needs 5.5 Million More Units, Says New Report, by Nicole Friedman

Apple Struggles in Push to Make Healthcare Its Greatest Legacy, by Rolfe Winkler

CNBC

Vaccination is key to bringing tourism back from the brink, industry leaders say, by Saheli Roy Choudhury

GM expects inflation, semiconductor shortage to add $3 billion in extra costs in second half, by Michael Wayland

Reuters

Exorbitant lumber, scarce materials hampering U.S. homebuilding, by Lucia Mutikani

U.S. sues to stop Aon’s purchase of Willis Towers Watson

News about business journalism

Titcomb, Silicon Valley bureau chief for Telegram, becoming tech editor

Biz publications among Sigma Delta Chi award winners

McCall departs Bloomberg for Capital.com

NY Biz Journal taps Robinson to cover commercial real estate

Money has revamped its website

Bloomberg reporter Capurro to cover Brazil monetary policy

Austin Biz Journal taps Sayers to cover economic development

CNBC to expand its events business around the globe

Reporter Meyers departs The Energy Daily

Washington Post biz reporter Merle switches to features

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