Talking Biz News Today – Aug. 3, 2023

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

Jackson departs Fortune

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