Some of Wednesday’s top business news stories:
The Associated Press
How rising prices for restaurants, car repair and other services kept inflation up last month, by Christopher Rugaber
Argentina sharply devalues its currency and cuts subsidies as part of shock economic measures, by Débora Rey
CNN
TikTok hits $10 billion user spending milestone, by Juliana Liu
The New York Times’ first director of AI signals key role the technology will play in news production, by Oliver Darcy
The Wall Street Journal
Tesla to Recall More Than Two Million Vehicles Over Autopilot Safety Concerns, by Gareth Vipers
Netflix Releases Full Viewership Data for First Time, by Ben Glickman
CNBC
COP28 climate summit ends with deal to transition away from fossil fuels, by Ruxandra Iordache and Sam Meredith
Mortgage refinance demand jumps 19% after rates hit lowest level since July, by Diana Olick
Reuters
Netflix to squeak past Disney+ in US advertising revenue in 2024 – report, by Chavi Mehta
Google, Meta, Qualcomm team up to push for open digital ecosystems, by Foo Yun Chee
News about business journalism:
Doolittle to cover corporate law for Globe & Mail
Space writer Skibba departing Wired
Articles editor Eilenberg among Wired layoffs
Morning Brew publisher Donnelly is leaving
Steinberg leaving The Information for San Francisco Standard
NY Times hires Seward to oversee AI initiatives
Bloomberg hires Kang to cover Walmart
McKenna among the Wired layoffs
