Some of Wednesday’s top business news stories:
The Associated Press
Meta looks to target Twitter with a rival app called Threads, by Kelvin Chan
CNN
AI is already linked to layoffs in the industry that created it, by Catherine Thorbecke
Tesla shares rise on strong sales report, by Chris Isidore
The Wall Street Journal
Remote Work Sticks for All Kinds of Jobs, by Sarah Chaney Cambon and Andrew Mollica
TV’s Golden Era Proved Costly to Streamers, by Nate Rattner and Sarah Krouse
CNBC
Airlines struggled ahead of July Fourth weekend. Their stocks didn’t, by Leslie Josephs
Student loan relief is gone for millions of Americans — here’s what it means for retailers, by Melissa Repko
Reuters
Twitter CEO backs widely criticized tweet-reading rate limits
Britain celebrates 75 years of its National Health Service, by Alistair Smout and Michael Holden
News about business journalism:
Politico’s Overly departs trade beat for new project
Duggan hired by Minneapolis/St. Paul Biz Journal
Hollywood Reporter reporter Chan departs
Insider reporter Tabahriti departs
Yahoo Finance hires Shaban as a reporter
FT names Fleming its economics editor, Giles as economics commentator
US ambassador given access to WSJ’s Gershkovich
Politico hires Chatterjee to cover technology
Triangle Biz Journal hires Tobin to cover real estate
Bankadelic podcast: A July 4th special with seven financial services stars
FDA reporter DeGroot leaving Inside Health Policy
Cherney departs Silicon Valley Biz Journal for new opportunity
Review-Journal hires Edgemon as business editor
Bloomberg Law hires Phengsitthy to cover health
Bloomberg Tax hires Freed as state team leader
Reuters hires Sakoui to cover M&A in EMEA
Parent of Quartz, Gizmodo to begin testing artificial intelligence
The Messenger hires Jones as national real estate reporter
Van Boom departs CNET after 8 years
Insider’s Rosen moves to market analysis and economy
Grover moves to energy beat at Reuters