Some of Wednesday’s top business news stories:
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
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
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
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
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
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
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…