Some of Tuesday’s top business news stories:
The Associated Press
No debt ceiling agreement, but Biden and McCarthy call White House talks productive, by Lisa Mascaro, Stephen Groves and Zeke Miller
Car seats and baby formula are regulated. Is social media next?, by Barbara Ortutay
CNN
TikTok sues Montana over new law banning the app, by Clare Duffy
Disney begins third round of expected layoffs, cutting more than 2,500 additional jobs, source says, by Liam Reilly and Jon Passantino
The Wall Street Journal
Elon Musk to Join WSJ’s CEO Council Summit to Talk Tesla, Twitter, SpaceX and More, by Alexa Corse and Rebecca Elliott
Activist Investor Calls on Yelp to Explore Sale, by Lauren Thomas
CNBC
United Airlines adds more flights, new lounges in fast-growing Denver, by Leslie Josephs
Lowe’s cuts full-year sales forecast, as spending on do-it-yourself projects weakens, by Melissa Repko
Reuters
Bill Gates says top AI agent will replace search, shopping sites
WhatsApp allows users to edit messages
News about business journalism:
Talking Biz News Today – May 22, 2023
Sportico hires Geary to be staff editor
Barron’s hires Leonhardt as senior economics writer
Florida Trend hires Fechter as associate editor
The Messenger hires Institutional Investor’s Teitelbaum
Skift hires Haris as managing editor
FedScoop hires Heilweil as tech reporter
Bloomberg’s Nonomiya moves to daybreak desk
The Messenger hires McEnery to cover hedge funds
Corley is NPR’s Midwest bureau chef, Hearst’s new senior editor, WaPo’s assign editor move
White joining The Messenger as chief Wall Street correspondent
