Media News

Talking Biz News Today – Aug. 14, 2023

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

Washington Week’s new moderator, Hearst investigative journo departs, Utah paper turns 150: TBN Ticker for Aug. 11

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