Some of Wednesday’s top business news stories:
The Associated Press
Changes to food aid in debt bill would cost money, far from savings GOP envisioned, by Mary Clare Jalonick
China warns of artificial intelligence risks, calls for beefed-up national security measures
CNN
Global market cheers for US debt ceiling deal fade, by Laura He and Hanna Ziady
The world’s biggest ad agency is going all in on AI with Nvidia’s help, by Hanna Ziady
The Wall Street Journal
Airlines and Hotels Can, and Will, Put a Fee on Anything for Your Summer Trip, by Dawn Gilbertson
Makers of Covid-19 Treatments Hit by Falling Demand, by Becky Yerak
CNBC
Goldman Sachs is cutting jobs again amid Wall Street deals slump, by Hugh Son
Home price declines may be over, S&P Case-Shiller says, by Diana Olick
Reuters
Oil falls further as weak China data offsets US debt ceiling progress, by Trixie Sher Li Yap and Stephanie Kelly
UK scrutinises supermarket profits as food prices stay high, by Muvija M
News about business journalism:
Talking Biz News Today – May 30, 2023
CNN Business hires Lopez to be managing editor
Investor’s Biz Daily founder O’Neil dies at 90
Washington Post hires Wagner as a media reporter
Gross departing Technically Philly after four years
Why the FT killed a story about a British columnist
WSJ’s McCabe to cover Europe finance, moves at Pensions & Investments, Bloomberg, more
WSJ’s McCabe to cover Europe hedge funds, asset managers
Pensions & Investments hires Ligon to cover BlackRock
Yeo joins Bloomberg to cover Hong Kong mainland-based companies
