Some of Friday’s top business news stories:
The Associated Press
US economy unexpectedly accelerated to a 2.4% growth rate in April-June quarter despite Fed hikes, by Paul Wiseman
Who’s in charge of Nashville’s airport? US and Tennessee officials disagree under a new state law, by Jonathan Mattise
CNN
US pending home sales rose last month for the first time since February, by Anna Bahney
Electric cars aren’t just for the wealthy anymore, by Peter Valdes-Dapena
The Wall Street Journal
Microsoft Faces European Antitrust Investigation Over Bundling of Teams Software, by Kim Mackrael
Netflix Reworks Microsoft Pact, Lowers Ad Prices in Bid for Growth, by Suzanne Vranica, Jessica Toonkel and Patience Haggin
CNBC
American Airlines pilots’ union accepts sweetened labor deal, by Leslie Josephs
McDonald’s is creating a spinoff restaurant brand called CosMc’s, by Amelia Lucas
Reuters
Walmart Mexico posts slightly higher profit amid June sales uptick, by Carolina Pulice
Meta plans retention ‘hooks’ for Threads as more than half of users leave app, by Katie Paul and Sheila Dang
News about business journalism:
Former Quartz EIC Seward on diversifying a newsroom
Blockworks editor in chief Rice departs
Bloomberg Government taps Sheehey to cover House leaders
Benzinga hires Granatstein as editorial director of events
Three NYT moves, NPR’s new EIC, L.A. times photog director hire
