Some of Thursday’s top business news stories:
The Associated Press
Federal Reserve may tighten financial rules after US bank failures, Powell says, by Christopher Rugaber
CNN
National Geographic magazine has laid off the last of its staff writers, by Liam Reilly
OpenAI, maker of ChatGPT, hit with proposed class action lawsuit alleging it stole people’s data, by Catherine Thorbecke
The Wall Street Journal
Big News Publishers Look to Team Up to Address Impact of AI, by Alexandra Bruell
Nvidia Warns of Lost Opportunities if U.S. Bans AI Chip Exports to China, Asa Fitch and Yuka Hayashi
CNBC
Mortgage demand grows, driven by sales of new homes, by Diana Olick
Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test, by Hugh Son
Reuters
Apple stock hits record, on cusp of $3 trillion market value, by Akash Sriram and Noel Randewich
U.S. antitrust regulator plans to target Amazon’s online marketplace, Bloomberg reports
News about business journalism:
Seven journalists win McGraw Center Biz Journalism grants
OPEC cancels accreditation for Bloomberg, Reuters and WSJ
Reuters adds two to India company news team
Gibson named editor of North Bay Biz Journal, biz editor of Press Democrat
Regnier named editor of Bloomberg Markets magazine