Some of Friday’s top business news stories:
The Associated Press
Close call, turbulent flight add to aviation safety concerns, by David Koenig
Federal Reserve officials sound warnings about higher rates, by Christopher Rugaber
CNN
Target, Macy’s and Best Buy see consumers cut back, search for discounts, by Nathaniel Meyersohn
Mortgage rates rise for the fourth week in a row, by Anna Bahney
The Wall Street Journal
Walmart CEO Plans to Stay in Role at Least Three More Years, by Sarah Nassauer
Apple Blocks Update of ChatGPT-Powered App, as Concerns Grow Over AI’s Potential Harm, by Aaron Tilley
CNBC
Ford sales jump as supply chain issues improve, by Michael Wayland
ESPN wants to be the hub of all live sports streaming — even if it helps its competition, by Alex Sherman
Reuters
Costco misses quarterly revenue estimates as demand slows for discretionary goods, by Granth Vanaik
Walmart to nearly double its U.S. health center locations in 2024
News about business journalism:
Tech news site CNET has laid off a dozen staffers
NY Times hires Carreyrou for investigative biz team
Lee Enterprises’ new exec editor, global media moves, a Hearst reporter hire
Investing with, or against, CNBC’s Jim Cramer
Bloomberg names Munshi Africa editor
Industry Dive is launching Packaging Dive later this month
