Some of Thursday’s top business news stories:
The Associated Press
Stock market today: Asian shares are mostly higher after the Dow hits a record high, US dollar falls, by Elaine Kurtenbach
Tesla recalls nearly all vehicles sold in US to fix system that monitors drivers using Autopilot, by Tom Krisher
CNN
OpenAI strikes ‘first of its kind’ deal with publisher Axel Springer to use its news content in ChatGPT, by Jon Passantino
Asking rents in November post the biggest drop in over three years, by Anna Bahney
The Wall Street Journal
Pfizer Tumbles After Warning That Next Year Could Be Worse Than This Year, by Jared S. Hopkins and Will Feuer
Adobe Says Significant Costs, Penalties May Arise Out of FTC Investigation, by Denny Jacob
CNBC
Etsy stock falls after company lays off 11% of its staff, citing ‘very challenging’ environment, by Sara Eisen and Gabrielle Fonrouge
Mortgage refinance demand jumps 19% after rates hit lowest level since July, by Diana Olick
Reuters
Disney, Comcast increase US ad spending on Instagram after dropping Musk’s X – report, by Jaspreet Singh
UK minimum wage hike shows government doesn’t care about retail industry -Currys CEO
News about business journalism:
Law360 editorial workers stage one-day strike
Davis departing Bloomberg for real estate company
Sutherland named Bloomberg’s Boston bureau chief
Guest departs Wired for Coda Story
Reorg hires Elisei as chief credit correspondent
Labor and workplace reporter Harrington departs Wired
Reuters global ME for visuals Pullman is departing
