Talking Biz News Today — Oct. 7, 2021

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