Some of Friday’s top business news stories:
The Associated Press
Detroit enclave city built on auto industry struggles under $20M water debt, by Corey Williams
False claims of a stolen election thrive unchecked on Twitter even as Musk promises otherwise, by Ali Swenson
CNN
US home prices fall by most in 11 years but sales are down, by Anna Bahney
OpenAI launches a free ChatGPT app for iOS, by Jennifer Korn
The Wall Street Journal
TikTok Creators Sue Montana Over State’s Ban of Short-Video Platform, by Meghan Bobrowsky
Apple Restricts Employee Use of ChatGPT, Joining Other Companies Wary of Leaks, by Aaron Tilley and Miles Kruppa
CNBC
Netflix stock jumps 9% as it boasts ad-tier growth, by Lillian Rizzo
Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud, by Sarah Whitten
Reuters
Walmart lifts annual sales, profit view on resilient consumer spending, by Siddharth Cavale and Aishwarya Venugopal
Brazil’s Americanas to seek bidders for fruit and vegetable unit
News about business journalism:
Talking Biz News Today – May 18, 2023
Colorado Springs Biz Journal names Zankowski its publisher
EW’s new newsie, WaPo audio move, Austin station gets a news director
Can Forbes thrive under its new owners?
Industry Drive to launch Automotive Dive, fifth new newsletter for 2023
Charter launches work tech newsletter
The Messenger hires Berthelsen as financial investigations reporter
White House has called Kremlin asking for release of WSJ’s Gershkovich