Some of Thursday’s top business news stories:
The Associated Press
Iran, Saudi Arabia and Egypt are among 6 nations set to join the BRICS economic bloc, by Gerald Imray and Mogomotsi Magome
Hopeful signs of an economic ‘soft landing’ emerge in Jackson Hole as Fed meets with world watching, by Christopher Rugaber
CNN
America added 306,000 fewer jobs last year than we thought. But the labor market is still hot, by Alicia Wallace
Nvidia’s quarterly sales double on the back of AI boom, by Clare Duffy and Samantha Delouya
The Wall Street Journal
Nielsen Plans to Incorporate Amazon’s Data on ‘Thursday Night Football’ Viewership, by Joe Flint
Target Goes Local to Speed Up Order Deliveries, by Liz Young
CNBC
CVS pushes into making cheaper versions of complex drugs with new discount Humira, by Bertha Coombs
Nike falls for record 10th straight day as Foot Locker woes, China slowdown hit stock, by Gabrielle Fonrouge
Reuters
UK supermarket Asda launches fresh round of price cuts
Google vows more transparency on ads as new EU rules kick in, by Foo Yun Chee
News about business journalism:
Bloomberg Law’s Gilbert to cover intellectual property
Dallas Biz Journal editor Schnick departing
Fund that used CNBC’s Cramer picks is closing
The Messenger hires Rennie as breaking news editor on the biz team
Russia asks to extend pretrial detention of WSJ’s Gershkovich
Politico adds data whiz, CNN’s new election reporter, Russia cracks down on UK journos
Press oppression continues as Russia blacklists BBC, Guardian and Telegraph journalists
Franklin News Foundation acquires Illinois-based Advanced Digital Media
Worcester Biz Journal postpones 40 under 40 after assault
Talking Biz News Today – Aug. 23, 2023