Some of Wednesday’s top business news stories:
The Associated Press
US inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mile, by Christopher Rugaber
Sony’s profits drop as it warns of the impact from US movie strikes, by Yuri Kageyama
CNN
Millennials powered America’s homeownership boom, by Anna Bahney
Regulators fine Wall Street firms $549 million for using WhatsApp and other channels to discuss business, by Matt Egan
The Wall Street Journal
Chinese Exports Fall at Steepest Pace Since February 2020, by Stella Yifan Xie
WeWork Raises Doubt About Its Survival, by Alexander Saeedy and Ben Glickman
CNBC
Mortgage credit availability sinks to decade low, by Diana Olick
Apple is planning to move the button to hang up a call in new iPhone software, by Kif Leswing
Reuters
Disney creates task force to explore AI and cut costs – sources, by Dawn Chmielewski and Krystal Hu
Amazon switches rockets for first test satellites to avoid launch delay, by Joey Roulette
News about business journalism:
Talking Biz News Today – Aug. 8, 2023
Karpatkin, who doubled subs at Consumer Reports, dies at 93
Dallas Morning News taps Skores to cover aviation
Still departs Greater Wilmington Biz Journal for The Assembly
Digital Frontier appoints Rummer EIC
Two big NY Times moves, awards change in Quad Cities, author Jason Del Rey
Quad Cities Biz Journal acquires awards event
Time to change how business news reports about Musk
CNBC hires Toulon as director of standards
