Media News

Talking Biz News Today – Aug. 8, 2023

Some of Wednesday’s top business news stories:

The Associated Press

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

CNN

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

The Wall Street Journal

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

CNBC

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

Reuters

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

News about business journalism:

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

Guardian’s lifestyle/wellness editor, NY Times Opinion hire, new NASCAR reporter at Charlotte Observer

GB News hires Sheldon as digital finance editor

CoStar has hired three new copy editors

News Media Corp. sells Colorado papers

Utah’s Daily Herald turns 150

Schroders to sponsor FT Business Book of the Year

Evening Standard promotes Hunt to biz and tech correspondent

Mariam Ahmed

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