Media News

Talking Biz News Today – May 22, 2023

Some of Monday’s top business news stories:

The Associated Press

Biden, McCarthy to hold pivotal meeting on debt ceiling as time to resolve standoff grows short, by Lisa Mascaro, Stephen Groves and Zeke Miller

CNN

Meta slapped with record $1.3 billion EU fine over data privacy, by Hanna Ziady

American Airlines and JetBlue have to break up their partnership, court rules, by Ramishah Maruf

The Wall Street Journal

Disney’s ABC, ESPN Weakness Adds Pressure to Make Streaming Profitable, by Robbie Whelan

Immigrants’ Share of the U.S. Labor Force Grows to a New High, by Gabriel T. Rubin and Rosie Ettenheim

CNBC

Morgan Stanley CEO plans to step down within the year, sparking Wall Street succession race, by Hugh Son

Monday is Ford’s chance to convince Wall Street skeptics of its EV plans, by Michael Wayland

Reuters

Foot Locker slumps as weak demand, heavy discounts drive annual outlook cut, by Deborah Mary Sophia

Don’t delay reforms to prepare for next pandemic – WHO chief

News about business journalism:

Reuters asks staff to cut back on expenses

Wired, NBC, Washington Post win Deadline Club awards in biz journalism

How the Argentine financial crisis influenced Casey’s crypto coverage

NY Times debuts “The Headlines” podcast

Evers-Hillstrom departs The Hill for Bloomberg

Vice goes bankrupt, Messenger keeps hiring, WaPo’s new ME: TBN Ticker for May 19

CNN’s anchor for new show, moves in twos at NY Times, Guardian, The Hill

ABC News hires Morris from The Economist

MLex promotes Bolongaro to ME for Europe

Bloomberg Asia transportation reporter Kotoky has died

Hudson named biz editor at Chicago Sun-Times

Russia again denies consular visit for WSJ’s Gershkovich

Bloomberg Industry gets federal court to unseal SEC ruling

Benning named ME for Bloomberg Opinion

Mariam Ahmed

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