Some of Wednesday’s top business news stories:
The Associated Press
Fed facing a blurrier outlook as it meets to weigh rate hike, by Christopher Rugaber
ECB’s Lagarde: Future rate hikes open amid banking turmoil, by David McHugh
CNN
Google begins rolling out its ChatGPT rival, by Samantha Murphy Kelly
UK inflation rises to 10.4% as food prices soar, by Olesya Dmitracova and Hanna Ziady
The Wall Street Journal
Netflix Bets Big on ‘The Electric State’ as It Seeks to Build Franchises, by Sarah Krouse and Robbie Whelan
TikTok CEO Shou Zi Chew Promises Firewall to Shield User Data, by John D. McKinnon
CNBC
Panera Bread tests Amazon’s palm-scanning technology in St. Louis, by Amelia Lucas
Mortgage demand increases again, but interest rates are rising, by Diana Olick
Reuters
Kenyan judge temporarily blocks mass layoff of Facebook moderators
Bed, Bath & Beyond’s stock under $1, snarling additional funding, by Caroline Valetkevitch and Lance Tupper
News about business journalism:
Binham named UK companies news editor at FT
AI and big data reporter Lynley departs Insider
Lipschultz expands his reporting to cover IPOs for Bloomberg
Boroson, longtime financial journalist, dies at 88
Boston Globe biotech reporter Cross departing
Leite named ME of emerging markets in Brazil for Bloomberg
Bloomberg appoints Dezem Brazil bureau chief
Cattan to cover pharma at Bloomberg
Bankadelic podcast explores story behind Silicon Valley Bank collapse