Some of Friday’s top business news stories:
The Associated Press
US consumer inflation eased to 7.7% over past 12 months, by Paul Wiseman and Christopher Rugaber
Musk warns Twitter’s survival is at stake as staff quits, by Matt O’Brien
CNN
This is the moment Wall Street has been waiting for, by Paul R. La Monica and Nicole Goodkind
China scraps Covid flight bans, cuts quarantine for inbound travelers, by Kathleen Magramo
The Wall Street Journal
Apple Supply Crunch on Premium iPhone Threatens to Derail Record Sales Run, by Aaron Tilley
Amazon, in Broad Cost-Cutting Review, Weighs Changes at Alexa and Other Unprofitable Units, by Dana Mattioli, Sebastian Herrera and Jessica Toonkel
CNBC
Mortgage rates fall sharply to under 7% after inflation eases, by Diana Olick
Thanksgiving flight bookings are down from 2019, but higher fares lift revenue, Adobe says, by Leslie Josephs
Reuters
IKEA offers cash, larger discounts to help staff weather soaring living costs
Amazon reviewing unprofitable business units to cut costs – WSJ
News about business journalism:
Kussin promoted to real estate editor at NY Post
FT’s Stacy departing for The Guardian
News and engagement editor Moustakas departs Adweek
Axios Raleigh biz reporter Eanes talks his job
Schwedelson to cover commercial real estate at Philly Biz Journal
FT names Kirk its investment columnist
Eichelberger departs MLex for Amazon
