Some of Thursday’s top business news stories:
The Associated Press
Tourists are packing European hotspots. And Americans don’t mind the higher prices and crowds, by Colleen Barry
China exports slumped 12.4% in June from a year earlier as global demand weakened, by Zen Soo
CNN
Disney extends CEO Bob Iger’s contract through 2026, by Samantha Delouya
Elon Musk announces a new AI company, by Catherine Thorbecke
The Wall Street Journal
Microsoft’s Court Win Puts U.K. Regulator in Challenging Spot Over Activision Deal, by Kim Mackrael
AI Junk Is Starting to Pollute the Internet, by Robert McMillan
CNBC
Auto industry braces for contentious contract talks as UAW formally kicks off bargaining, by Michael Wayland
Actors strike looms as midnight deadline approaches, union slams producers’ tactics, by Sarah Whitten
Reuters
Amazon gets labor board complaint on failure to bargain with NY union, by Chandni Shah
Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers, by Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore
News about business journalism:
Xing swaps Business Insider for CNN
Wilson named Mississippi Biz Journal managing editor
SABEW Canada names Best in Business winners
FT reporter McCormick expanding his beat
Bank Director names Haslett its banking and fintech editor
The Drum senior tech reporter Sutcliffe laid off
