Some of Friday’s top business news stories:
The Associated Press
Europe inflation slips to 5.5% — but that won’t stop central bank rate hikes, by David McHugh
Stock market today: World shares are mostly higher after strong data lift Wall St benchmarks, by Elaine Kurtenbach
CNN
Fourth of July gas prices take almost unprecedented plunge, by Matt Egan
Meta releases clues on how AI is used on Facebook and Instagram, by Brian Fung
The Wall Street Journal
Google to Block Canada News Links From Search Function in Response to Law, by Paul Vieira
Nike Increased Prices Along With Everyone Else and Now Discounts Are Mounting, by Inti Pacheco and Sabela Ojea
CNBC
Southwest pilots’ union lays groundwork for potential strike with labor talks at an impasse, by Leslie Josephs
Former Pfizer employee charged with insider trading on unreleased Covid pill data, by Annika Kim Constantino
Reuters
Britain’s Tesco launches new round of price cuts
US weekly jobless claims post biggest drop in 20 months as economy shows stamina, by Lucia Mutikani
News about business journalism:
E&E News hires Picon to cover energy policy
Blackburn departs Law 360 for CNN Politics
Birmingham Biz Journal ME Clark departing for lifestyle magazine
FT energy editor Brower becoming US politics editor
CNBC anchor and White House reporter Tausche departing after 13 years
The Information hires Palazzolo to cover artificial intelligence
The Messenger hires Idris to cover science and tech
Insider promotes Bischof to senior ME, biz and international