Some of Wednesday’s top business news stories:
Associated Press
Changed by pandemic, many workers won’t return to old jobs, by Dee-Ann Durbin, Stephen Groves, Alexandra Olson, Joseph Pisani
WH memo sees economic strength where critics see fragility, by Josh Boak
CNN
Bank of America will raise its minimum wage to $25 by 2025, by Anneken Tappe
The housing market is still red hot despite lumber shortage, by Paul R. La Monica
The Wall Street Journal
Walmart Sales Growth Helped by Stimulus, by Sarah Hassauer
Pinterest Vows to Add More Female Executives, Workers of Color, by Sarah E. Needleman
CNBC
Raytheon plans to cut office space by 25% as it embraces hybrid work, by Tyler Clifford
U.S. House lawmakers seek Boeing, FAA records after production problems, by Leslie Josephs
Reuters
Surging lumber prices weigh on U.S. homebuilding, by Lucia Mutikani
Senate Democrat proposes $52 billion for U.S. chips production, R&D, by David Shepardson
News about business journalism
NY Times hires WSJ’s Bleyl for social team
Smith named Knight-Bagehot director
Bloomberg editor Al Ali to write about macro market moves
Crypto news site The Block hires news editor, chief revenue officer
Forbes editorial staffers are joining a union
Morning Brew hires McDonald as emerging tech reporter
Plitt departing The Real Deal for MTA
Vox hires Gross as deputy editor
The Verge hires Heath, Lawler, Keck
Insider hires Ravindranath to cover the future of health care
