Media News

Talking Biz News Today – March 30, 2023

Some of Thursday’s top business news stories:

The Associated Press

GOP lawmakers accuse Fed of being lax before bank failure, by Paul Wiseman

House GOP pushes sprawling bill to ‘unleash’ American energy, by Matthew Daly

CNN

High egg prices send profits at largest US producer soaring more than 700%, by Chris Isidore

Elon Musk and other tech leaders call for pause in ‘out of control’ AI race, by Samantha Murphy Kelly

The Wall Street Journal

Companies Big and Small Lose Access to Credit Amid Bank Stress, by Jack Pitcher

Disney Lays Off More Than 300 Streaming-Focused Employees in China, by Jessica Toonkel and Joe Flint

CNBC

Pending home sales squeezed out a tiny gain in February, as mortgage rates jumped, by Diana Olick

JetBlue is preparing to trim New York flights in response to FAA staffing shortage, CEO says, by Leslie Josephs

Reuters

Exclusive: Google says Microsoft’s cloud practices anti-competitive, critical of deals with rivals, by Foo Yun Chee

Alibaba considers yielding control of some businesses in overhaul, by Josh Horwitz, Kane Wu and Julie Zhu

News about business journalism:

Kulp swaps Adweek for Tech Brew

Hughes to join the FT’s special investigations team

Adcox joins National Law Journal as a business of law reporter

Australian biz publication names McDuling inaugural EIC

Riding departs React News for Inside Housing

Song joins Carbon Brief as section editor for China

RTO Insider’s Mintz departs for news startup

ACBJ appeals open records ruling in Kentucky

FT hires Louch to cover private capital

Reuters’ Lauren Young Q&A, Politico promotions, new Journal-Constitution ed in chief

Media Movers: Lauren Young, Reuters rock star

Mariam Ahmed

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