Some of Thursday’s top business news stories:
The Associated Press
Big bank CEOs warn that new regulations could harm the economy, by Ken Sweet
Google launches Gemini, upping the stakes in the global AI race, by Michael Liedtke and Matt O’Brien
CNN
Americans ramp up holiday spending plans even as they give the economy low marks, by Matt Egan
Elon Musk seeking to raise $1 billion for his xAI firm, by Chris Isidore
The Wall Street Journal
Once Unstoppable, Alibaba Is Now Faltering, by Raffaele Huang and Liza Lin
Seven West Media Names CFO Howard to Replace Warburton as CEO, by Stuart Condie
CNBC
McDonald’s aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027, by Amelia Lucas
Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show, by Melissa Repko
Reuters
EU countries, lawmakers reach deal on rules for ChatGPT, other systems -source
Comcast to raise prices for its Xfinity programs
News about business journalism:
Reorg hires Merritt as global head of editorial strategy and operations
TechCrunch hires O’Kane as senior transportation reporter
Reuters temporarily removes article on Indian startup
Dallas Morning News hires Gaudet as transportation reporter
NBC News names Cheung its biz and data correspondent
Russia rejects proposal to release WSJ’s Gershkovich
