Some of Tuesday’s top business news stories:
The Associated Press
Musk threatens to sue researchers who documented the rise in hateful tweets, by David Klepper
Toyota’s profits rise 78% on strong sales as the parts crunch eases, by Yuri Kageyama
CNN
Adidas signs $1.2 billion partnership with Manchester United, by Jordan Valinsky
World Cup helped Qatar Airways score a $1.2 billion profit, by Eva Rothenberg
The Wall Street Journal
CVS to Shed 5,000 Jobs in Cost-Cutting Push, by Ngai Yeung
Earnings Season Threatens Lofty Stocks, by Hannah Miao
CNBC
Cannabis companies Cresco, Columbia Care call off $2 billion merger as industry awaits banking reform, by Stefan Sykes
A.I. is making some common side hustles more lucrative—these can pay up to $100 per hour, by Megan Sauer
Reuters
Big X taken down from Twitter roof after San Francisco squabble
Amazon investors eye revenue, cloud growth and retail margins ahead of earnings, by Arriana McLymore
News about business journalism:
Talking Biz News Today – July 31, 2023
Politico taps Leonard to cover health care politics and policy
Lowenkron joining Bloomberg’s White House and politics team
The Times of London hires Barnett to cover the economy
A new Qwoted 100 profile, ABC station’s sports hire, a new beauty editor at Hearst
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