Some of Tuesday’s top business news stories:
The Associated Press
Biden administration to target drugs for price negotiations to lower Medicare costs, by Tom Murphy, Amanda Seitz and Chris Megerian
Amazon is raising free-shipping minimums for some customers who don’t have Prime memberships, by Haleluya Hadero
CNN
Disney, The New York Times and CNN are among a dozen major media companies blocking access to ChatGPT as they wage a cold war on A.I., by Oliver Darcy
OpenAI launches a version of ChatGPT for businesses, by Catherine Thorbecke
The Wall Street Journal
American Airlines Fined $4.1 Million for Keeping Fliers on Planes Too Long, by Alison Sider
U.K. Flights Disrupted by Air-Traffic-Control Glitch, by David Luhnow and Benjamin Katz
CNBC
Labor unions are pushing hard for double-digit raises and better hours. Many are winning, by Michael Wayland and Leslie Josephs
Best Buy scales back sales outlook as results top expectations, by Melissa Repko
Reuters
Exclusive: Meta’s Canada news ban fails to dent Facebook usage, by Katie Paul and Steve Scherer
Instacart reveals IPO filing, disclosing PepsiCo investment, profitability, by Niket Nishant and Anirban Sen
News about business journalism:
CoinDesk retracts two articles
Dillard moves to US economy team at Bloomberg
Lee departs Insider for Law360
CNN mulls new head, Qwoted 100 PR feature returns, a new Bankadelic podcast
NYT, BBC vet Mark Thompson to lead CNN?
Talking Biz News Today — Aug. 28, 2023
Qwoted 100 PR superstar: Amy Stern of 3E Public Relations