Some of Thursday’s top business news stories:
The Associated Press
US economic growth for last quarter is revised up to a 5.2% annual rate, by Paul Wiseman
Canada says Google will pay $74 million annually to Canadian news industry under new online law, by Rob Gillies
CNN
Jezebel to be brought ‘back to life’ after being acquired by Paste Magazine, by Oliver Darcy and Jon Passantino
The dollar is heading for its worst month in a year. It’s not all bad news, by Anna Cooban
The Wall Street Journal
Nascar Revs Up TV, Streaming Deals Worth Nearly $8 Billion, by Joe Flint
UAW Launches Organizing Drive, Targets Tesla and Toyota, by Nora Eckert
CNBC
Americans are ‘doom spending’ — here’s why that’s a problem, by Jessica Dickler
Spirit Airlines offers buyouts to salaried employees to cut costs, by Leslie Josephs
Reuters
Disney CEO Iger promises 2026 exit, says ABC not for sale, by Lisa Richwine
TikTok, Meta, X CEOs to testify at US Senate hearing in January, by David Shepardson
News about business journalism:
Suarez departs Quartz for Goldman Sachs
Bloomberg News promotes Seligson to senior reporter
The Information’s Ryan departing for Boston Globe
CoStar hires D’Angelo to be senior copy editor
National Underwriter P&C ending print edition after 127 years
Bloomberg adds content to Amazon Freevee