Some of Wednesday’s top business news stories:
Associated Press
Report: Pandemic driving alcohol sales
‘Varsity Blues’ trial promises fresh insights in old scandal, by Alanna Durkin Richer
CNN
Apple loses a leader of its long rumored car group to Ford, by Clare Duffy
Bitcoin drops below $43,000 on El Salvador’s first day using it, by Anneken Tappe
The Wall Street Journal
Intel to Invest Up to $95 Billion in European Chip-Making Amid U.S. Expansion, by Asa Fitch, William Boston
Big Aerospace Contractors Bet On Space Refueling Startup, by Micah Maidenberg
CNBC
American Airlines pilots’ union plan airport pickets as labor tension over fatigue, overscheduling heats up, by Leslie Josephs
AMC attendance surpasses 2019 levels for first time during the pandemic thanks to Marvel’s ‘Shang-Chi’, by Sarah Whitten
Reuters
PayPal heats up buy now, pay later race with $2.7 bln Japan deal, by Sayantani Ghosh, Anirudh Saligrama
SEC threatens to sue Coinbase over crypto lending programme
News about business journalism
Gerald Loeb Awards names finalists for 2021
Pollock of NY Times, Howard of ACBJ to receive Loeb Award
Vox Media is acquiring a podcast newsletter for The Verge
FT hires Ivanova as reporter for Moscow bureau
Hazlett, former WaPo biz copy editor and Maine biz editor, dies at 68
Horn to be digital editor for automation/emerging news at Bloomberg
Future launches The Money Edit website on managing finances
A former government official wants the WSJ to correct an eight-year-old story
Lowenkron to join Bloomberg as a reporter
