Some of Thursday’s top business news stories:
The Associated Press
Agence France-Presse pursues copyright case against X, formerly known as Twitter
Bank of England raises its key interest rate to a new 15-year high to fight inflation, by Pan Pylas
CNN
Writers union and Hollywood will resume talks, aiming to end the strike, by Jon Passantino and Chris Isidore
Global markets slide after Fitch downgrades US debt, by Laura He and Anna Cooban
The Wall Street Journal
Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs, by Asa Fitch
Meta’s Ray-Ban Smart Glasses Fail to Catch On, by Salvador Rodriguez and Joanna Stern
CNBC
Foreign buyers are bailing on the U.S. housing market. Here’s why, by Diana Olick
Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won’t be easy, by Alex Sherman
Reuters
U.S. fast-food chains add automation to boost speed, by Kailyn Rhone
Moderna sees up to $8 bln in 2023 COVID vaccine sales on private market hopes, by Leroy Leo and Patrick Wingrove
News about business journalism:
Talking Biz News Today – Aug. 2, 2023
Reuters parent reports strong earnings
WSJ photo editors win right to join union
Bankadelic podcast: Does cash still matter?
Politico’s climate change hire, WaPo’s Cairo bureau chief, Times Media lands three SoCal papers
CNBC launches “Live Ambitiously” ad campaign
Times Media Group acquires Southern California papers
FT adds China section to website
Politico hires Begert as California climate reporter
