Some of Thursday’s top business news stories:
Associated Press
Fed begins inflation fight with key rate hike, more to comeby Christopher Rugaber
US retail spending slows as inflation starts to biteby Anne D’Innocenzio
CNN
Walmart is hiring 50,000 more workers before Mayby Jordan Valinsky
Kohl’s could soon have a new owner. The stock is rocketing higherby Nathaniel Meyersohn
The Wall Street Journal
iPhone Assembler Foxconn Forecasts Tough Operating Environment From Pandemic, Inflation, Warby Yang Jie
Canadian Pacific Railway Threatens Lockout in Labor Disputeby Jacquie McNish
CNBC
American Express CEO says the shift to remote work made a new segment of business travelersby Krystal Hur
Russia’s invasion of Ukraine will lower car production by millions of units over two years, S&P saysby Michael Wayland
Reuters
Intel, Micron CEOs to testify at US Senate hearing on chip makingby David Shepardson
How the Fed’s rate hikes could affect US consumersby Jonnelle Marte
News about business journalism
Narayanan named ME of Americas news desk at Bloomberg
PE Hub hires Manayiti as a reporter
WSJ reporter Chin departing
MIT Technology Review hires Yang to cover China and East Asia
How the FT reached 1 million digital subscribers
It’s time to retire stock market metaphors from coverage
Automotive News news editor Allen departs
Chawla joins The Block as a reporter
Atlanta Journal-Constitution taps Trubey as economy editor
Cerulus appointed cybersecurity editor at Politico Europe