Some of Monday’s top business news stories:
The Associated Press
Washington Post names veteran media executive Will Lewis as its new publisher and CEO, by David Bauder
CNN
After a $1.8 billion verdict, the clock is ticking on the 6% real estate commission, by Anna Bahney
US banks hit by deposit delays, by Matt Egan
The Wall Street Journal
Telecom Italia Board Accepts KKR’s $20 Billion Offer for Network Assets, by Ben Otto
Tesla Raises Wages for German Workers Amid Union Pressure, by William Boston
CNBC
Elon Musk debuts ‘Grok’ AI bot to rival ChatGPT, others, by Rebecca Picciotto
Walmart shares hit all-time high, as retailer’s value focus attracts shoppers and investors, by Melissa Repko
Reuters
Dollar wobbles, remains vulnerable after Fed steer, by Vidya Ranganathan and Rae Wee
UK secures commitments from Amazon and Meta over retail platforms
News about business journalism:
How a hedge fund using reporters would operate
How the financial crisis affected Thal Larsen’s career
How The Verge is getting loyal users with its redesign
WSJ EIC Tucker freaking out staffers with her changes
Variety chief correspondent Wagmeister is departing
Wired is launching a political coverage team
Houston Biz Journal appoints McCrory EIC
Bloomberg reporter O’Kane departs
Bloomberg Opinion hires CNN’s Henderson as columnist