Some of Tuesday’s top business news stories:
The Associated Press
Stock market today: Asia shares mixed as investors await debt ceiling vote, eye China economy, by Yuri Kageyama
CNN
Microsoft executive calls for faster AI regulation, by Ramishah Maruf
31 billionaires are worth more than the US Treasury has in cash, by Matt Egan
The Wall Street Journal
The AI Boom Runs on Chips, but It Can’t Get Enough, by Deepa Seetharaman and Tom Dotan
Company Insiders Made Billions Before SPAC Bust, by Tom McGinty, Shane Shifflett and Amrith Ramkumar
CNBC
Streaming services are removing tons of movies and shows — it’s not personal, it’s strictly business, by Sarah Whitten and Lillian Rizzo
Restaurants expect strong sales this summer. Consumers aren’t so sure, by Amelia Lucas
Reuters
UK shop price inflation strikes new record high: BRC, by Andy Bruce
News about business journalism:
New WSJ editor Tucker unimpressed with work ethic
Parents of WSJ’s Gerhskovich travel to Russia
AP hires Adebayo to cover intersection of climate and biz in Africa
FT editor in chief Khalaf on how it will use artificial intelligence
Pardes departs The Information for a new opportunity
CNBC.com hires four new journalists
Bankadelic’s Endless Summer podcast, editors depart WSJ, our roundup of media moves
McCarthy joins DL News as markets correspondent
Social media manager Whitcomb departs Wired
Insider’s Clark departs for the Associated Press
Bankadelic: An Endless Summer podcast with seven fintech special guests
