Media News

Talking Biz News Today – Dec. 12, 2023

Some of Tuesday’s top business news stories:

The Associated Press

Epic Games wins antitrust lawsuit against Google over barriers to its Android app store, by Michael Liedtke

Speculation about eventual rate cuts is rising, but Fed is set to leave interest rates unchanged, by Christopher Rugaber

CNN

Microsoft to include labor unions in discussions on AI’s impact to workers, by Catherine Thorbecke

Sports Illustrated publisher fires CEO after AI debacle, by Liam Reilly

The Wall Street Journal

Commodities Carriers Star Bulk and Eagle Bulk Shipping Agree to $2.1 Billion Merger, by Costas Paris

Hasbro Cutting 1,100 Jobs After Sluggish Toy Sales Persist Into Holidays, by Ben Glickman

CNBC

Altice USA in talks to sell Cheddar News to private equity firm Regent, by Alex Sherman

Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination, by Hugh Son

Reuters

BBC staff to launch new company for Indian language services

Dollar drifts down as US inflation data looms, by Tom Westbrook and Alun John

News about business journalism:

Technically hires Henninger as editorial director

Executive editor Marco is leaving Wired

Deputy features editor Legro among those laid off at Wired

CoStar Group hires Leckie as national multifamily reporter

CNBC debuts redesign and “Money Movers”

FT’s Guthrie retiring at the end of the year

Bond Buyer hires Shea as a reporter

Altice in talks to sell Cheddar News to private equity firm

Wired staff writer Barber departs

Investing.com using AI to copy competitor stories

Mariam Ahmed

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