23 top business headlines on Fri Dec 16, 2022

1. Hayes: Elon Musk's Twitter Takeover Shows Danger Of Absolute Power - MSNBC

   

   YouTube (December 16, 2022, 9:00 pm) - Chris Hayes: The true lesson at the heart of this story is not about Elon Musk or content moderation. It is about what happens when an individual—hopped up o... Read more

2. Mum's shock over $18K boarding pass error - news.com.au

   

   News.com.au (December 16, 2022, 8:30 pm) -

   A family travelling to Florida were barred from their flights because of a mix-up with their boarding passes.

   Read more

3. The Fed Is Making a Mistake—and the Stock Market Will Pay the Price - Barron's

   

   Barron's (December 16, 2022, 8:29 pm) - The central bank raised interest rates by half a point and promised to hold rates higher for longer. That could be a problem. Read more

4. As Federal Reserve hikes rates, housing prices and new listings decline - CBS News

   

   YouTube (December 16, 2022, 8:26 pm) - Home prices are on a decline as the Federal Reserve continues to raise interest rates to tame inflation. Skylar Olsen, chief economist at Zillow, joined CBS ... Read more

5. Marc Benioff tells Salesforce workers that new employees are 'facing lower productivity' - CNBC

   

   CNBC (December 16, 2022, 8:00 pm) - Last year Marc Benioff, Salesforce's co-founder and CEO, said people could work very productively at home. Now he's saying newer employees are having issues. Read more

6. Elon Musk seeks to sell Twitter shares in search of new funds - Financial Times

   

   Financial Times (December 16, 2022, 7:49 pm) - Investors approached to purchase stock at $54.20 buyout price as social media company bleeds cash Read more

7. Recession Fears Remain High After Markets Drop Over Fed's New Rate Hikes - NBC News

   

   YouTube (December 16, 2022, 7:45 pm) - The markets closed ending another week in the red with the Dow, S&P, and Nasdaq all down around a percent. CNBC's Bob Pisani reports on how the Federal Reser... Read more

8. Banco de la República volvió a subir sus tasas de interés; quedaron en 12 % - Sector Financiero - Economía - El Tiempo

   

   Google News (December 16, 2022, 7:39 pm) - Use the Rich Result Test to see what Google results can be generated for your pages and the schema markup validator for generic schema validation. Read more

9. Pepsi talks Tesla Semi; exec makes strange comments about the electric truck's range - Electrek.co

   

   Electrek (December 16, 2022, 7:38 pm) - Pepsi, the first customer to use Tesla Semi, has commented on the deployment of the electric truck in its fleet... Read more

10. Mirage sale to Hard Rock gets final approval - 8 News NOW Las Vegas

    

    YouTube (December 16, 2022, 7:31 pm) - It's official – the Nevada Gaming Commission has given final approval for the sale of the Mirage to Hard Rock International Read more

11. Jim Cramer says he wants the Fed to talk tough on inflation while avoiding 'endless' rate hikes - CNBC Television

    

    YouTube (December 16, 2022, 7:21 pm) - CNBC's Jim Cramer said Friday he wants the Federal Reserve to maintain its aggressive public posture toward inflation without going through with "endless" ra... Read more

12. Jim Cramer says he likes these 3 industrial stocks heading into 2023 - CNBC

    

    CNBC (December 16, 2022, 7:03 pm) - Jim Cramer said Friday he likes Caterpillar, Illinois Tool Works and CSX heading into 2023. Read more

13. Exclusive: PepsiCo to roll out 100 Tesla Semis in 2023, exec says - Reuters

    

    Reuters (December 16, 2022, 7:03 pm) - PepsiCo plans to roll out 100 heavy-duty Tesla Semis in 2023, when it will start using the electric trucks to make deliveries to customers like Walmart and Kroger, the soda maker's top fleet official told Reuters on Friday. Read more

14. Crypto Firm Amber Raises $300M to Tackle FTX Damage - Bloomberg Technology

    

    YouTube (December 16, 2022, 6:59 pm) - Bloomberg's Hannah Miller joins Caroline Hyde to discuss how the crypto firm Amber Group has raised $300 million mainly for customers who lost money on the p... Read more

15. Marc Benioff says Salesforce workers hired during the pandemic have 'much lower productivity' - Fortune

    

    Fortune (December 16, 2022, 6:45 pm) - Salesforce CEO Marc Benioff told staff that those hired in 2021 and 2022 are "facing much lower productivity." Read more

16. Salesforce CEO calls out new workers in internal Slack - SFGATE

    

    SFGate (December 16, 2022, 6:44 pm) - Marc Benioff seemingly has some doubts about remote work. Read more

17. Stocks fall for third straight day as recession fears rise - Reuters

    

    YouTube (December 16, 2022, 6:42 pm) - Wall Street's main indexes closed sharply lower for a third straight session and suffered a second straight week of losses, as fears continued to mount that ... Read more

18. Amazon cited by OSHA for warehouse injury report failures - ABC News

    

    ABC News (December 16, 2022, 6:34 pm) - These citations are part of an ongoing investigation. Read more

19. Consumer news: Mortgage interest rates and gas prices are falling, drone delivery services ramp up - WFAA

    

    YouTube (December 16, 2022, 6:34 pm) - Mortgage rates have fallen for the fifth straight week, gas dips below $3 in 19 states and both Walmart and Uber Eats get in the drone game. Read more

20. Fed may push rates higher, keep them there longer, policymakers say - CNA

    

    CNA (December 16, 2022, 6:33 pm) - NEW YORK: Federal Reserve policymakers may need to lift US borrowing costs above the peak 5.1 per cent they pencilled in just this week, and keep them there perhaps into 2024 to squeeze high inflation out of the economy, three of them signaled on Friday.   Th… Read more

21. Jim Cramer's week ahead: Earnings and economic data should give clues on Fed policy - CNBC

    

    CNBC (December 16, 2022, 6:23 pm) - Wall Street is growing increasingly concerned that the Fed's rate-hiking campaign will tip the U.S. economy into a recession. Read more

22. Coal consumption expected to hit a global all-time high according to IEA report - ABC News

    

    ABC News (AU) (December 16, 2022, 6:12 pm) - High gas prices following Russia's invasion of Ukraine, heatwaves and droughts are all drivers leading to the increase in consumption according to the International Energy Agency. Read more

23. 'Twitter Has Been A Sewer For A Long Time': Top Strategist Says Musk Takeover May Be For The Best - Forbes

    

    YouTube (December 16, 2022, 6:11 pm) - Mark Penn, Chairman and CEO of Stagwell Inc., discusses the impact of Elon Musk on Twitter with Forbes assistant managing editor Diane Brady.Read the full st... Read more