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Some of Friday’s top business news stories:
The Associated Press
UK Treasury chief to set out tax-slashing emergency budget, by Sylvia Hui
Asian stocks slide for 3rd day on economic growth fears, by Joe McDonald
CNN
Rising mortgage rates hit home builders as buyers pull back, by Paul R. La Monica
FedEx hikes package rates for 2023, by Nathaniel Meyersohn and Chris Isidore
The Wall Street Journal
Target to Hire Up to 100,000 Workers for Holiday Shopping Season, by Denny Jacob
Tesla Recalls Nearly 1.1 Million Cars Over Window Pinching Concerns, by Allison Prang
CNBC
Costco’s quarterly results indicate the retailer is thriving despite high inflation, by Jeff Marks
Bed Bath & Beyond’s merchandise problems will make it hard to pull off a turnaround this holiday season, by Melissa Repko and Lillian Rizzo
Reuters
U.S. cutting global donations of Pfizer COVID shots as demand slows, by Michael Erman
Apple will sponsor Super Bowl halftime show starting in February, by Dawn Chmielewski
News about business journalism:
Bloomberg hires Rudgard to cover environmental news
Worcester Biz Journal hires Koczwara to cover energy and manufacturing
Robertson joins Reuters as a breaking news correspondent
Wile named VP of design at ACBJ
FT announces Business Book of the Year shortlist
Todd leaves Quartz for STAT News
McCabe appointed associate editorial director of Investopedia
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