Media News

Talking Biz News Today – Aug. 18, 2023

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

CNN

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

CNBC

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

Reuters

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

Mariam Ahmed

Recent Posts

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

6 hours ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

6 hours ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

7 hours ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

7 hours ago

Rest of World hires Lo as China reporter

Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

7 hours ago

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

8 hours ago