Media News

Talking Biz News Today – Aug. 18, 2023

August 18, 2023

Posted by Mariam Ahmed

Some of Friday’s top business news stories:

The Associated Press

Paramount decides it won’t sell majority stake in BET Media Group, source tells AP, by Jonathan Landrum Jr.

Maui residents fill philanthropic gaps while aid makes the long journey to the fire-stricken island, by James Pollard and Thalia Beaty


Blue Shield California ditches CVS for Amazon and Mark Cuban’s drug company, by Tami Luhby and Jordan Valinsky

Publishers see dramatic drop in Facebook referral traffic as the social platform signals exit from news business, by Oliver Darcy

The Wall Street Journal

The EV Startup Worth More Than GM Had Troubled U.S. Rollout, by Ryan Felton and Sean McLain

Walmart Lifts Sales Outlook, Fueled by Consumers Looking for Deals, by Sarah Nassauer


China’s property giant Evergrande files for bankruptcy protection in Manhattan court, by Sumathi Bala

Looming auto workers strike could cost $5 billion in just 10 days, new analysis says, by Michael Wayland


British consumers curb their shopping in rainy July, by William Schomberg and William James

Moderna’s updated COVID vaccine effective against ‘Eris’ variant in humans

News about business journalism:

Variety promotes Keslassy to international executive editor

WSJ Pro editor Zabkova departs for McKinsey & Co.

Associate editor Ponciano departs Forbes for B school

Is the media to blame for economic ignorance?

Stigler Center seeks applicants for its 12-week program

How The Economist is using short-form video to attract readers

Zaveri swaps Insider for Bloomberg

NBC News hires Melas as entertainment correspondent

NY Times news and features changes, ABC’s senior White House reporter, more media moves inside

Bloomberg hires Bello as India energy and commodities editor

How Shontell is remaking Fortune

NY Times hires STAT senior news editor Thielking











Subscribe to TBN

Receive updates about new stories in the industry daily or weekly.

Subscribe to TBN

Receive updates about new stories in the industry.