Some of Wednesday’s top business news stories:
Associated Press
In budget turning point, Biden conceding smaller price tag, by Alan Fram
Ex-Facebook manager criticizes company, urges more oversight, by Marcy Gordon, Barbara Ortutay
CNN
T-shirts and jeans may get more expensive as cotton prices hit 10-year high, by Matt Egan
Elizabeth Warren demands insider trading investigation of the Fed, by Matt Egan
The Wall Street Journal
Big Hotel Brands Bet on All-Inclusive Resorts to Counter Covid-19 Slump, by Konrad Putzier
PepsiCo Juggles Strong Demand and Supply-Chain Challenges, by Dave Sebastian, Jennifer Maloney
CNBC
GM to detail significant revenue expansion plans during highly anticipated investor day, by Michael Wayland
Target will pay employees an extra $2 an hour for peak days of holiday season, by Melissa Repko
Reuters
France’s Thales partners with Google on secure cloud services, by Mathieu Rosemain
Airlines warn erratic global COVID-19 rules could delay recovery, by Rajesh Kumar Singh, Tim Hepher
News about business journalism
Coindesk hires Bloomberg’s Ashraf to cover mining
Reuters promotes Gallagher to breaking news correspondent
Reuters names Mourad its Middle East breaking news correspondent
Seattle Times hires Pulkkinen as assistant business editor
Wharton Business Journalism flagship program seeks applicants
Sen named U.S. M&A editor in charge at Reuters
The tech journalist who has become a celebrity
Bloomberg Law hires Castronuovo to cover FDA, drug prices
Bloomberg Businessweek copy editor Newman retires
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…