Some of Tuesday’s top business news stories:
The Associated Press
Is tipping getting out of control? Many consumers say yes, by Haleluya Hadero
Crypto firms acted like banks, then collapsed like dominoes, by Ken Sweet
CNN
Disney exec made 6 figures a day for the 3 months he worked there, by Chris Isidore
The Washington Post is not for sale, owner Jeff Bezos and the newspaper say, by Chloe Melas
The Wall Street Journal
Spotify to Cut 6% of Workforce in Latest Tech Layoff, by Alyssa Lukpat
Microsoft to Deepen OpenAI Partnership, Invest Billions in ChatGPT Creator, by Berber Jin and Miles Kruppa
CNBC
Elon Musk testifies he would have sold SpaceX stock to take Tesla private in 2018, by Lora Kolodny
Google CEO defends job cuts in animated town hall as employees demand clarity on process, by Jennifer Elias
Reuters
DOJ poised to sue Google over digital ad market dominance – Bloomberg News
Ford to cut up to 3,200 European jobs, union says, vowing to fight, by Victoria Waldersee and Christina Amann
News about business journalism:
Adweek reporter Ambachew departing
Parker to helm White House and politics team at Bloomberg
Futurism: CNET’s AI articles show evidence of plagiarism
Wall Street Journal names Spring 2023 interns
Institutional Investor hires Thrasher as a senior reporter
Senior story editor Ortiz among those laid off at Adweek
Silicon Valley Biz Journal hires Cherney to cover big tech
Recode’s Del Rey among the Vox Media layoffs
What Riggs plans to do on “The Big Money Show”
Argus Leader biz reporter moves to real estate beat
