Talking Biz News – March 17, 2022

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

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