Talking Biz News Today – April 25, 2023

Some of Tuesday’s top business news stories:

The Associated Press

GM boosts outlook after US sales fuel first quarter profits, by Tom Krisher

Coronation gives tourism boost, but UK economy still reeling, by Kelvin Chan

CNN

3M announces mass layoffs as manufacturing slows, by David Goldman

Disney begins largest wave of layoffs, targeting thousands at ESPN, Parks, and other divisions, by Jon Passantino

The Wall Street Journal

Amazon’s Satellite-Internet Ambitions Move Closer to Reality, by Micah Maidenberg

Spotify Draws More Listeners, Including Paying Subscribers, by Anne Steele

CNBC

McDonald’s earnings beat estimates as U.S. traffic grows despite price hikes, by Amelia Lucas

JetBlue posts quarterly loss but forecasts profit thanks to strong travel demand, by Leslie Josephs

Reuters

Inside Meta’s scramble to catch up on AI, by Katie Paul, Krystal Hu, Stephen Nellis and Anna Tong

Google, Amazon, Meta, Microsoft, 15 others subject to EU content rules, by Foo Yun Chee

News about business journalism:

Qwoted 100: Kelsey Sowder’s got the power at BLASTmedia

Morning Brew hires Vinopal to cover HR

Politico hires King to cover Medicare and Medicaid

The Information hires Huang as a data reporter

Washington Post hires Thadani to cover Apple

Bloomberg Law hires Hutchinson to cover energy and environmental litigation

CNBC anchor Gamble accused NBC Universal CEO of sex harassment

More than 300 journalists who worked in Russia ask for Gerhkovich’s release

The Points Guy writer Smith departs

SABEW installs Hanford as president

Time’s new ed in chief, moves at three major networks, Charles Barkley’s CNN slam dunk

Time Magazine appoints Jacobs EIC

Talking Biz News Today – April 24, 2023