Some of Tuesday’s top business news stories:
Stock market today: Asia shares mixed as investors await debt ceiling vote, eye China economy, by Yuri Kageyama
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 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
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
UK shop price inflation strikes new record high: BRC, by Andy Bruce
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
Fortune senior reporter Michael del Castillo is leaving the publication to start his own consulting and…
Bloomberg News is one of the biggest financial and business news organizations in the world.…
Politico reporter Louise Guillot is moving to its energy and climate team to cover European Union climate…
Jeremy Olshan, who is departing The Wall Street Journal where he has been personal finance…
Danish Mehboob has been hired as a senior distressed debt reporter at 9fin, where he…
Sara Paulson Meehan has been promoted to managing editor at Buffalo Business First. She has…