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Talking Biz News Today – June 24, 2022

Some of Friday’s top business news stories:

The Associated Press

Gas prices sting US workers who depend on their cars, by Dee-Ann Durbin


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Elon Musk says he’s worried about keeping Tesla out of bankruptcy, by Chris Isidore

Netflix lays off 300 employees as bad year continues to hit company, by Frank Pallotta

The Wall Street Journal

Stock Futures Rise as Rate-Hike Expectations Cool, by Anna Hirtenstein

As Gas Prices Climb, Some Companies Pay for Workers to Fill Up, by Kathryn Dill


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McDonald’s simplifies franchising policies to attract more diverse candidates, by Amelia Lucas

Education Department agrees to cancel $6 billion in debt for some 200,000 student loan borrowers, by Annie Nova


H&M closes Shanghai flagship store, hurt by lockdowns and consumer backlash

Chances of global recession nearing 50% -Citigroup

News about business journalism:

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Cincy Biz Courier promotes Demeropolis to managing editor

Titus, Bloomberg editor, departs

Politico reporter Levy departing for new opportunity

News & Observer biz reporter Dolder moving to politics

Politico names Summer 22 interns

Wired hires Mullin to cover biotechnology

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Dulaney returns to WSJ as markets reporter in London

Bloomberg Law hires reporter Wise

Denver Biz Journal hires Wentling to cover technology



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