Some of Thursday’s top business news stories:
Associated Press
Toymakers race to get products on shelves amid supply clogs, by Anne D’Innocenzio
GM sets to double revenue, lead US in electric vehicle sales, by Tom Krisher
CNN
Goldman Sachs warns of a ‘real risk’ that America could default on its debt, by Matt Egan
Bitcoin soars past $55,000 on George Soros fund endorsement, by Paul R. La Monica
The Wall Street Journal
Facebook Slows New Products for ‘Reputational Reviews’, by Emily Glazer, Deepa Seetharaman
Twitter Sells Mobile Ad Firm MoPub to AppLovin for $1.05 Billion, by Megan Graham
CNBC
Levi Strauss earnings beat as new denim styles drive sales growth, retailer raises outlook, by Lauren Thomas
Americans are paying the most for gas in seven years, by Pippa Stevens
Reuters
U.S. Senate appears near temporary truce in debt-ceiling standoff, by Richard Cowan, Susan Cornwell
Subsiding COVID-19 infections boost U.S. private payrolls in September, by Lucia Mutikani
News about business journalism
WSJ economic policy reporter Davidson departing
Dean departing Politico for WSJ
Charter hires Nazeer as managing editor
Nikkei Asia taps Chakravorty as first special projects editor
News & Observer hires Dolder as a business reporter
Calleja named editor of Globe and Mail’s Report on Business
Forbes signs deal to launch Forbes Australia
NY Times names Cohen its global economics correspondent
Bloomberg hires Kumar as oil markets correspondent
Reynolds to cover food, biodiversity and climate change for Wired
