Talking Biz News Today – May 26, 2023

Some of Friday’s top business news stories:

The Associated Press

Threat of US credit downgrade looms over debt ceiling talks, by Paul Wiseman and Christopher Rugaber

Regulators take aim at AI to protect consumers and workers, by Cora Lewis

CNN

Investment in solar power to outstrip oil for first time, says IEA

Ford partners with Tesla to give customers access to EV Superchargers, by Samantha Delouya

The Wall Street Journal

Kohl’s, Costco, Lowe’s Sales Sluggish as Shoppers Pull Back, by Dean Seal and Sabela Ojea

How AI Is Catapulting Nvidia Toward the $1 Trillion Club, by Asa Fitch

CNBC

JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice, by Hugh Son

Gap shares soar after retailer reports big improvement in margins, by Gabrielle Fonrouge

Reuters

UK retail sales fall in May after April rise, outlook less gloomy: CBI

Engie, Amazon inaugurate Italy’s biggest agrivoltaic farm

News about business journalism:

Talking Biz News Today – May 25, 2023

Barron’s Group ME Pettit becomes ME of strategy and operations at Dow Jones

Guardian gets homepage editor, Bloomberg names credit reporter, Ft. Worth CBS station hires VP

WSJ deputy editors Lipschutz, Anders are departing

Bloomberg taps Smith to serve as credit reporter