Talking Biz News Today – Aug. 10, 2023

Some of Thursday’s top business news stories:

The Associated Press

Disney to boost prices for ad-free Disney+ and Hulu services and vows crackdown on password sharing, by David Hamilton

Las Vegas food service workers demanding better pay and benefits are set to rally on the Strip, by Rio Yamat

CNN

She lost more money than anyone on Bloomberg’s billionaires list since Covid. China’s property crisis is to blame, by Ramishah Maruf

Manhattan rents hit a record high for the third time in four months, by Anna Bahney

The Wall Street Journal

Yellow Expects to Pay Back Private, Government Loans in Bankruptcy, by Soma Biswas and Paul Page

China Slips Into Deflation in Warning Sign for World Economy, by Stella Yifan Xie

CNBC

Companies say organized retail crime is on the rise, but there’s no data to prove it, by Gabrielle Fonrouge

UPS CEO says drivers will average $170,000 in pay and benefits at end of 5-year deal, by Leslie Josephs

Reuters

WHO classifies EG.5 as COVID-19 ‘variant of interest’, by Gabrielle Tétrault-Farber and Leroy Leo

Once worth $47 billion, WeWork shares near zero after bankruptcy warning, by Abhijith Ganapavaram and Shivansh Tiwary

News about business journalism:

Talking Biz News Today – Aug. 9, 2023

CNET removes thousands of old articles

Derrick named ME for Cryptonews.com

Reuters hires Stafford as global race and justice editor

Modesto Bee’s new senior ed, Daily Beast promotion, Telegraph’s editor move, more

Gizmodo EIC Ackerman sues Apple, Tetris

Morano to join Fresnoland as labor and economy reporter