Media News

Talking Biz News Today – Nov. 7, 2023

Some of Tuesday’s top business news stories:

The Associated Press

WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion, by Wyatte Grantham-Philips

Fortnite maker accuses Google of bullying and bribing to block competition to its Android app store, by Michael Liedtke

CNN

Starbucks is handing out pay hikes and new benefits. But some are only for non-union workers, by Danielle Wiener-Bronner

Striking actors say they have responded to Hollywood and TV studios’ ‘best and final offer’, by Ramishah Maruf

The Wall Street Journal

Disney’s New CFO Brings Experience to Company’s Activist Investor Battle, by Kristin Broughton and Jennifer Williams-Alvarez

UBS Group Swings to Net Loss as Credit Suisse Costs Weigh, by Pierre Bertrand

CNBC

UAW has Tesla, Toyota in its sights after contract wins at Detroit automakers, by Michael Wayland and Lora Kolodny

Citigroup considers deep job cuts for CEO Jane Fraser’s overhaul, called ‘Project Bora Bora’, by Hugh Son

Reuters

China’s imports unexpectedly grow, by Joe Cash

Amazon workers at UK warehouse strike again

News about business journalism:

Kansas City Biz Journal promotes one, hires two

FT hires Acton to cover Apple

Crain’s Chicago hires two new reporters

Crain’s Chicago promotes Brumback to managing editor

City AM hires Ward-Brennan as senior reporter

The Verge reporter Chin departs

Ishwar departs the Economic Times for Reuters

Cardina named director of Fool.com

Reuters hires Suresh as India company news correspondent

Asset manager reporter Floor leaves FT

Worcester Biz Journal hires Casey as cannabis, real estate reporter

Mariam Ahmed

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