Some of Tuesday’s top business news stories:
The Associated Press
In global rush to regulate AI, Europe set to be a trailblazer, by Kelvin Chan
As profit recession hits, Wall Street hopes it’s the bottom, by Stan Choe
CNN
LinkedIn to cut 716 jobs and close its China app, by Laura He
Treasury Secretary Yellen calls CEOs and business leaders with warning on debt limit, by Matt Egan
The Wall Street Journal
The decline of five-day commute is a boon to suburban retail, by Kate King
ChatGPT is causing a stock-market ruckus, by Charley Grant
CNBC
Ryanair orders at least 150 of Boeing’s largest 737 Max planes, by Leslie Josephs
GM hires ex-Apple exec to lead new software unit, by Michael Wayland
Reuters
PacWest leads losses in regional bank stocks, by Medha Singh
Goldman Sachs to pay $215 mln to settle gender discrimination suit, by Uryi Dugar
News about business journalism:
Variety’s Halperin leaves to become EIC of Los Angeles Magazine
Bloomberg Law hires Greene to cover energy litigation
Crain’s New York hires Marroquin to cover real estate
WSJ wins Pulitzer for investigative reporting
McShane departs Fox Business after 16 years
Kramer moves to health/employment team at Bloomberg Industry