Some of Thursday’s top business news stories:
Car buyers bear a heavy burden as Federal Reserve keeps raising rates: Auto-loan rejections are up, by Cora Lewis and Tom Krisher
Facebook parent Meta posts higher profit, revenue for Q2 as advertising rebounds, by Barbara Ortutay
Google, Microsoft, OpenAI and Anthropic announce industry group to promote safe AI development, by Brian Fung
The Fed hikes interest rates by a quarter point and hints at another increase this year, by Bryan Mena
A Four-Day Workweek Experiment Finds Work Does Get Done in Less Time, by Vanessa Fuhrmans
Airbus Hits New Supply-Chain Hurdle in Race With Boeing, by Benjamin Katz
Coca-Cola says it’s done raising prices in the U.S. and Europe this year, by Amelia Lucas
Exclusive: Amazon has drawn thousands to try its AI service competing with Microsoft, Google, by Jeffrey Dastin
Food producers not cooperating on price cuts, Carrefour CEO says, by Dominique Vidalon and Helen Reid
THG is acquiring London biz newspaper City AM
Luck departs Yahoo Finance for NBCUniversal
City AM to proceed with insolvency if no buyer found
Bloomberg Law appoints Setty to labor beat
Shields, Bond Buyer reporter for 26 years, dies at 57
Mountain State Spotlight hires Elbeshbishi to cover energy and environment
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…
Members of the CoinDesk editorial team have sent a letter to the CEO of its…