Some of Thursday’s top business news stories:
The Associated Press
UK central bank may hike rates after big jump in food prices, by Danica Kirka
Credit Suisse deal halted crisis, Swiss central bank says, by Jamey Keaten and David McHugh
CNN
Global markets mixed after US Fed raises rates by a quarter-point, by Juliana Liu and Anna Cooban
Job-listing company Indeed to lay off 2,200 employees, Dayun Park
The Wall Street Journal
Ford Projects $3 Billion Loss on EV Business for 2023, by Mike Colias
Twitter Isn’t Making Money. Here’s Why Musk Thinks It Could Soon
CNBC
Olive Garden parent raises revenue outlook as same-store sales jump, by Amelia Lucas
Starbucks shareholders to vote on proposals for labor probe, succession planning, by Amelia Lucas
Reuters
AI chatbot Character.AI, with no revenue, raises $150 mln led by Andreessen Horowitz, by Krystal Hu and Anna Tong
Accenture cuts jobs, trims forecasts on worries of lower IT spending
News about business journalism:
ProPublica, ICIJ win Forbes Award for business reporting
Bloomberg’s Seligson to cover private credit
Crain’s New York real estate reporter Sachmechi joins real estate firm
Capitol Times hires McGroarty to cover disinformation and tech
Media Movers: Bloomberg Government’s Angela Greiling Keane, a woman journalist leader
NY Times fellows, HuffPo hires, Q&A with Bloomberg’s Angela Greiling Keane
