Talking Biz News Today – Nov. 18, 2022

Some of Friday’s top business news stories:

The Associated Press

Average long-term US mortgage rates tumble to 6.61%, by Matt Ott

CNN

Amazon CEO says job cuts will continue into next year, by Catherine Thorbecke

Twitter employees head for the exits after Elon Musk’s ‘extremely hardcore’ work ultimatum, by Clare Duffy and Oliver Darcy

The Wall Street Journal

Meta Employees, Security Guards Fired for Hijacking User Accounts, by Kirsten Grind and Robert McMillan

Starbucks Workers Strike at More Than 100 Stores Across U.S., by Heather Haddon

CNBC

Walmart and Target’s quarterly results lay bare the retailers’ stark differences, by Melissa Repko

Reuters

Gap beats quarterly estimates on steady demand for formal clothing, by Granth Vanaik and Ananya Mariam Rajesh

Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse, by Paresh Dave and Katie Paul

News about business journalism:

FT names Meixler Asia world news editor

How CNBC’s Sheetz began covering the space industry

Why Kiplinger’s newsletter has been so successful

The Information and Vice Media to collaborate on FTX documentary

FT launches fashion industry newsletter

Morning Brew executive editor Nusca among the departures

SABEW’s Best in Business will open for entries on Dec. 1

ME Bentley among the Morning Brew layoffs

The Drum appoints Kemp its US Ad of the Day reporter

 

 

 

 

 

 

 

 

 

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