Some of Friday’s top business news stories:
The Associated Press
US applications for jobless benefits inch down, remain at historically healthy levels, by Matt Ott
Powell reinforces Fed’s cautious approach toward further interest rate hikes, by Christopher Rugaber
CNN
Vice to end several news shows and lay off dozens of staffers in hollowing out of news division, by Liam Reilly
Jezebel shuts down, lays off staff in ‘excruciating’ decision, parent company says, by Oliver Darcy
The Wall Street Journal
Netflix, Warner’s Max Team Up With Verizon to Offer Discounted Streaming Bundle, by Jessica Toonkel and Patience Haggin
The Actors Strike Is Over. Now Comes the Wait for New Films and Shows., by Alyssa Lukpat
CNBC
SiriusXM is targeting younger customers with new app and streaming plan, by Drew Richardson
Biden says all autoworkers deserve deals like those the UAW won from Detroit automakers, by Michael Wayland
Reuters
News Corp beats Street estimates, touts generative AI efforts, by Chavi Mehta
Kaiser healthcare workers ratify new contract
News about business journalism:
The Information sees consistent subscription growth
News Corp reports lower earnings in first quarter
EV reporter Rosevear departs CNBC.com
Meet BuzzFeed’s podcast host, States names new South Carolina reporter, Guardian’s growth VP