Some of Monday’s top business news stories:
The Associated Press
Stock market today: Global markets mixed after stronger US inflation revives fears of rate hike, by Joe McDonald
Yes, inflation is down. No, the Inflation Reduction Act doesn’t deserve the credit, by Josh Boak and Paul Wiseman
CNN
CBS News Chief Neeraj Khemlani is stepping down from his role, by Oliver Darcy
Dozens of news organizations condemn police raid on Kansas newspaper and call for seized materials to be returned, by Jon Passantino
The Wall Street Journal
Starbucks Prevails in Legal Challenge to Its Diversity Policies, by Theo Francis
Restaurants and Supermarkets Are Brawling Over Your Dollar, by Jaewon Kang and Heather Haddon
CNBC
Major retailers bring $14 billion in revenue to Black-owned brands, by Brandon Gomez
When student loan payments resume, 56% of borrowers say they’ll have to choose between their debt and buying groceries, by Kamaron McNair
Reuters
US bank Citi completes sale of Taiwan consumer unit to Singapore’s DBS, by Selena Li
Tesla cuts prices in China for some Model Y versions
News about business journalism:
Talking Biz News Today – Aug. 11, 2023
Dow Jones CEO Latour on financial results
Bloomberg hires Thompson to be audience engagement editor for tech
‘Today’ show’s weekend co-anchor, AP pols promotion, NBC Sports move in San Fran
Best Money Moves and Think Glink Media’s Ilyce Glink
News Corp CEO Thomson’s comments on Dow Jones
