Talking Biz News Today – May 24, 2023

Some of Wednesday’s top business news stories:

The Associated Press

Debt ceiling talks stuck on classic problem: Republicans demand spending cuts and Democrats resist, by Seung Min KimandLisa Mascaro

Ready for a digital euro? At 25, European Central Bank preps for future of money, by David Mchugh

CNN

Amazon corporate workers plan walkout next week over return-to-office policies, by Catherine Thorbecke

Adobe is adding an AI-powered image generator to Photoshop, by Jennifer Korn

The Wall Street Journal

Ron DeSantis to Launch 2024 Presidential Run in Twitter Talk With Elon Musk, by Alexa Corse and Alex Leary

Apple Strikes Multibillion-Dollar Supply Deal With Broadcom, by Asa Fitch and Will Feuer

CNBC

Netflix password-sharing crackdown rolls out in the U.S., by Lillian Rizzo

Reuters

Virgin Orbit auctions $36 mln in remaining assets as company folds, by Joey Roulette

UK inflation falls by less than expected, heaping pressure on BoE, by Andy Bruce and William Schomberg

News about business journalism:

Jason departs Wired after 4.5 years

What’s behind the WSJ dropping courtesy titles

Executive editor Stanberry departs Fortune

Gelles to write “Climate Forward” newsletter for NY Times

Lung becoming Bloomberg tech reporter

Perez-Castells joins Philly Inquirer biz desk as reporter

Russia court extends pretrial detention by 3 months for WSJ’s Gershkovich

Hadsall joins Missouri paper as business reporter