Some of Monday’s top business news stories:
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
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
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
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
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
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
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…