Some of Monday’s top business news stories:
The Associated Press
Stock Market Today: World shares mixed after Wall Street’s 3rd straight winning week, by Zimo Zhong
Microsoft hires OpenAI founders to lead AI research team after ChatGPT maker’s shakeup
CNN
Major advertisers flee X, deepening crisis at Elon Musk’s social media site, by Brian Fung, Clare Duffy and Samantha Delouy
Amazon warns workers who don’t return to the office will have a harder time getting promoted, by Catherine Thorbecke
The Wall Street Journal
CFOs Review Holiday Promotions as Consumer Spending Cools, by Jennifer Williams-Alvarez and Kristin Broughton
U.S. Subsidies Fuel Boom in Global Auto Trade, by Jason Douglas
CNBC
Disney’s box office problems ramp up pressure on CEO Bob Iger and studio chief Alan Bergman, by Alex Sherman
Airlines brace for record Thanksgiving air travel, by Leslie Josephs
Reuters
Amazon.com to cut ‘several hundred’ Alexa jobs, by Greg Bensinger
Citigroup employees brace for layoffs, management overhaul – sources, by Saeed Azhar, Isla Binnie and Tatiana Bautzer
News about business journalism:
Bloomberg’s Turkey bureau chief Ant becomes ME of Middle East and North Africa
LA Times hires Chan to cover entertainment biz
“Bloomberg Surveillance” expands with radio show, new TV anchor
Our pre-Turkey Day TBN Ticker, NPR politics/election mover, an ABC Houston homecoming
Vice Media layoffs, AP’s public health reporter, Bankadelic AI podcast: TBN Ticker for Nov. 17
Business Record hires Mendenhall as associate editor