Some of Wednesday’s top business news stories:
Associated Press
Justices reject Johnson & Johnson appeal of $2B talc verdict, by Mark Sherman
US manufacturing activity grows for the 12th straight month, by Matt Ott
CNN
WarnerMedia and Discovery unveil new company name, by Kerry Flynn
Elon Musk blames rising Tesla prices on raw material costs, by Chris Isidore
The Wall Street Journal
Oil Price Rises to Two-Year High as OPEC and Allies See Higher Demand, by Benoit Faucon, Alistair MacDonald
Amazon Faced 75,000 Arbitration Demands. Now It Says: Fine, Sue Us, by Sara Randazzo
CNBC
Travel bookings bounce back as Hilton has best night since pandemic hit, CEO says, by Nadine El-Bawab
U.S. air travel reaches pandemic high as peak season kicks off, by Leslie Josephs
Reuters
TSMC says has begun construction at its Arizona chip factory site
AMC shares soar nearly 23% after fund buys and flips $230 mln stake
News about business journalism
ProPublica hires WSJ’s Berzon, a Pulitzer winner
Financial Planning taps Salinger as chief correspondent
Fortune taps Mathews to cover finance
Acheson set to depart CoinDesk
New role for Bloomberg’s Almeida
LV Review-Journal reporter Lochhead now covering gaming, tourism
Financial Post taps Hughes to cover fintech, crypto and more
