Talking Biz News Today – Sept. 6, 2022

Some of Tuesday’s top business news stories:

The Associated Press

Australia central bank lifts cash rate to 2.35% in 5th hike, by Rod McGuirk

Asian stocks mixed after China promises to boost growth, by Joe McDonald

CNN

OPEC agrees to cut production after oil price slump, by Mark Thompson

One of the biggest strikes in US history is brewing at UPS, by Chris Isidore

The Wall Street Journal

Apple’s Priciest iPhones Take Center Stage as Industry Smartphone Sales Decline, by Tim Higgins

Instagram Fined $402 Million in EU for Allegedly Mishandling Children’s Data, by Sam Schechner

CNBC

CVS to buy home health giant Signify Health for about $8 billion, by Leslie Josephs

Comcast executives expect Disney to stick to its agreement to acquire the remaining stake in Hulu, by Alex Sherman and Lillian Rizzo

Reuters

UK shoppers, feeling the inflation hit, cut back on non-essentials, by Humza Jilani

Inside Tesla’s drive to keep Musk’s battery promise, by Norihiko Shirouzu and Paul Lienert

News about business journalism:

Press Democrat hires Edwards as business reporter

Bloomberg hires Bainbridge to cover pension industry

The Deal appoints Terrarosa head of sector coverage

San Fran Biz Times adds three to newsroom

Puget Sound Biz Journal has Basnet as a data reporter

Law360 hires Marfin to cover state and federal courts in Houston

Capoot joins CNBC as a full-time reporter