Some of Wednesday’s top business news stories:
The Associated Press
Stock market today: Global shares slip, echoing Wall Street’s retreat from its rally, by Yuri Kageyama
Fitch downgrades US credit rating, citing mounting debt and political divisions, by Christopher Rugaber
CNN
Meta begins blocking news access on its platforms in Canada, by Brian Fung
Amazon Clinic rolls out nationwide as e-commerce giant expands its health care footprint, by Catherine Thorbecke
The Wall Street Journal
CVS to Shed 5,000 Jobs in Cost-Cutting Push, by Ngai Yeung
Uber’s Business Is Finally Making Money After Years of Losses, by Preetika Rana
CNBC
Walmart is bringing ads to an aisle near you as retailers chase new moneymakers, by Melissa Repko
As the new Bed Bath & Beyond launches, here’s what shoppers can expect, by Gabrielle Fonrouge
Reuters
Starbucks misses quarterly sales estimates, sees lasting China rebound, by Deborah Mary Sophia and Kailyn Rhone
Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow, by Yuvraj Malik
News about business journalism:
Talking Biz News Today – Aug. 1, 2023
Overly to host “Politico Tech” podcast
Politico hires Cirruzzo from Axios
Politico hires Soni as data and graphics reporter
