Some of Wednesday’s top business news stories:
Associated Press
Volkswagen hoaxes media with fake statement on name change, by Tom Krisher
Consumer confidence surges in March to highest point in year, by Martin Crutsinger
CNN
GameStop raids Amazon for another heavy-hitter exec, by Clare Duffy
SpaceX Mars rocket prototype explodes during test flight, by Jackie Wattles
The Wall Street Journal
U.S. Home Prices Rise at Fastest Pace in 15 Years, by Nicole Friedman
Cable-News Viewership Falls After Trump’s Exit, Ratings Races Tighten, by Benjamin Mullin
CNBC
Macy’s CEO says company is already benefiting from vaccinations and stimulus checks, by Tyler Clifford
Bank of America announces expansion of racial justice initiatives, by Rich Mendez
Reuters
Google to contribute $25 million to new EU fund to fight fake news, by Foo Yun Chee
COVID-19 pushes Lloyd’s of London to $1.2 billion loss in 2020
News about business journalism
Investor charged with using business reporter for insider trading
Financial Post hires Marotta as a reporter
Bloomberg’s Brussels bureau chief moving to equity team
Politico taps editors for new economics and business team
Wired hires Johnson to cover artificial intelligence
Politico names Warmbrodt its financial services editor
Bloomberg reporter Levitt adds JP Morgan to beat
Politico names Bustillo its food and ag policy reporter
Institutional Investor hires Hamlin as a staff writer
Politico reporter Maldonado set to depart
Holding company hires Rosen to do financial media M&A
The Telegraph appoints Foy as financial and professional services correspondent
