Some of Tuesday’s top business news stories:
The Associated Press
CEO pay again in focus as the heads of failed banks appear before Senate panel, by Ken Sweet
ChatGPT’s chief to testify before Congress as concerns grow about artificial intelligence’s risks, by Matt O’Brien
CNN
EU approves Microsoft’s deal to buy Activision Blizzard, by Brian Fung
Biden administration to buy 3 million barrels of oil to begin replenishing emergency oil stockpile, by Matt Egan
The Wall Street Journal
Workers Are Still Needed, but Many Small Businesses Have Slowed Hiring, by Ruth Simon
CNBC
Hamptons rental prices fall for the summer as owners contend with oversupply, by Robert Frank
Reuters
New Vodafone boss takes aim at costs with 11,000 job cuts, by Paul Sandle and Sarah Young
Home Depot cuts annual sales forecast on slowing demand
News about business journalism:
Wichita Biz Journal reporter McCoy dies at 45
WSJ hires Gillum to work on data-driven projects
LA Times hires Olson to cover the consumer economy
Bankadelic podcast: Solar energy’s trillion dollar moment
Crain’s Chicago unveils redesigned website
Bloomberg TV journalist Miziolek departs
Financial News promotes Clarke to deputy editor
Insider promotes Schwartz to chief national security correspondent