Media News

Talking Biz News Today – Nov. 20, 2023

Some of Monday’s top business news stories:

The Associated Press

Stock Market Today: World shares mixed after Wall Street’s 3rd straight winning week, by Zimo Zhong

Microsoft hires OpenAI founders to lead AI research team after ChatGPT maker’s shakeup

CNN

Major advertisers flee X, deepening crisis at Elon Musk’s social media site, by Brian Fung, Clare Duffy and Samantha Delouy

Amazon warns workers who don’t return to the office will have a harder time getting promoted, by Catherine Thorbecke

The Wall Street Journal

CFOs Review Holiday Promotions as Consumer Spending Cools, by Jennifer Williams-Alvarez and Kristin Broughton

U.S. Subsidies Fuel Boom in Global Auto Trade, by Jason Douglas

CNBC

Disney’s box office problems ramp up pressure on CEO Bob Iger and studio chief Alan Bergman, by Alex Sherman

Airlines brace for record Thanksgiving air travel, by Leslie Josephs

Reuters

Amazon.com to cut ‘several hundred’ Alexa jobs, by Greg Bensinger

Citigroup employees brace for layoffs, management overhaul – sources, by Saeed Azhar, Isla Binnie and Tatiana Bautzer

News about business journalism:

Bloomberg’s Turkey bureau chief Ant becomes ME of Middle East and North Africa

LA Times hires Chan to cover entertainment biz

“Bloomberg Surveillance” expands with radio show, new TV anchor

Our pre-Turkey Day TBN Ticker, NPR politics/election mover, an ABC Houston homecoming

Vice Media layoffs, AP’s public health reporter, Bankadelic AI podcast: TBN Ticker for Nov. 17

Business Record hires Mendenhall as associate editor

Mariam Ahmed

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