Some of Wednesday’s top business news stories:
Stock market today: Global markets lower ahead of US inflation update, by Joe McDonald
Japan’s tech investor SoftBank trims losses and promises offensive turnaround, by Yuri Kageyama
Even Zoom is making its staff return to the office, by Jordan Valinsky
It’s not just actors: Over 11,000 city workers will strike in LA on Tuesday, by Samantha Delouya
Fast-Food Customers Are Giving Up on Dining In, by Heather Haddon
Paramount to Sell Simon & Schuster to KKR for $1.62 Billion, by Jeffrey A. Trachtenberg and Jessica Toonkel
Boeing resets Starliner plan to be ready for first NASA crew flight by March, by Michael Sheetz
Warner Bros. Discovery’s Max targets MLB playoffs for new streaming sports tier, by Alex Sherman
Amazon results could bode well for rival retailers Walmart, Target, by Siddharth Cavale and Ananya Mariam Rajesh
PayPal launches dollar-backed stablecoin, boosting shares, by Jaiveer Shekhawat and Hannah Lang
Talking Biz News Today – Aug. 7, 2023
Dow Jones makes leadership promotions, changes
Examining the financial news industry
ACBJ hires Denison as SEO editor
Modern Retail account has been suspended on X
Huang moves to Meta beat for The Information
GB News hires Sheldon as digital finance editor
CoStar has hired three new copy editors
News Media Corp. sells Colorado papers
Schroders to sponsor FT Business Book of the Year
Evening Standard promotes Hunt to biz and tech correspondent
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…