Talking Biz News Today – Dec. 8, 2020

Talking Biz News Today – Dec. 8, 2020

Some of Tuesday’s top business news stories:

Associated Press

Uber, hard-hit by pandemic, sells its robot-vehicle division, by Cathy Bussewitz, Michael Liedtke

US credit card balances fall, though overall borrowing rises, by Christooher Rugaber

CNN

Investors can now trade water futures, by Anneken Tappe

Ikea is killing off its catalog after 70 years, by Jordan Valinsky

The Wall Street Journal

Companies Face New Pressures to Diversify Boards. It’s Sensitive., by Chip Cutter

Toll Brothers Reports Rise in Home Sales as Buyers Seek More Space, by Kimberly Chin

CNBC

Stitch Fix shares skyrocket more than 30% on earnings beat, upbeat outlook, by Lauren Thomas

Redfin CEO says the booming Covid housing market can get even hotter, by Kevin Stankiewicz

Reuters

Australia to make Facebook, Google pay news outlets for content, by Byron Kaye

FCC awards $9.2 billion to deploy broadband to 5.2 million U.S. homes, businesses, by David Shepardson

News about business journalism

NPR affiliate WFYI names Mahadevan its business/economy reporter

Snider named senior editor for financial advisors at US News

FT hires Jacobs to cover energy in Houston

The Plug hires Melton of Forbes as managing editor

Vox energy reporter Roberts leaves to start a newsletter

Bloomberg TV makes push on video creation

Galouchko named EMEA equities team leader at Bloomberg

Yahoo Finance’s Saloway hired by NPR’s “Morning Edition”

Bloomberg hires Burden to cover economy and trade

The Markup hires Faife as a data reporter

Digiday hires Jerde as managing editor

Ho named Jakarta bureau chief for Bloomberg News