Some of Thursday’s top business news stories:
The Associated Press
Bank of England poised for big rate hike to tame inflation, by Danica Kirka
European Central Bank set to outdo Fed with half-point hike, by David McHugh
CNN
Meta shares surge nearly 20% as Zuckerberg pledges to make 2023 a ‘year of efficiency’, by Clare Duffy
ChatGPT creator launches subscription service for viral AI chatbot, by Samantha Murphy Kelly
The Wall Street Journal
More Bosses Order Workers Back to the Office as Job Market Shifts, by Chip Cutter
OpenAI to Offer ChatGPT Subscription Plan for $20 a Month, by Joseph De Avila
CNBC
FedEx is laying off 10% of its officers and directors amid cooling demand, by Rebecca Picciotto
Peloton shares surge 26% after fitness company posts subscription revenue growth, by Gabrielle Fonrouge
Reuters
Polish competition watchdog accuses Amazon EU of misleading consumers
Shell 2022 profit more than doubles to record $40 bln, by Ron Bousso and Shadia Nasralla
News about business journalism:
CNET’s parent feared Google backlash over AI-produced stories
Showtime, Paramount+ to rebrand with new name
Crain’s EIC Cory Schouten, major Mother Jones grant, Paramount+ rebrand
Media Movers: Crain’s New York’s Cory Schouten
Mother Jones receives nearly $1 million grant to bolster its democracy coverage
Crypto news site DLNews launches
Bloomberg is renaming “Quicktake” as “Originals”
