Some of Wednesday’s top business news stories:
The Associated Press
Stock market today: Asian shares mostly slip ahead of China-US meeting, by Yuri Kageyama
WeWork seeks bankruptcy protection in stunning fall for a company once valued close to $50 billion, by Wyatte Grantham-Philips
CNN
More Americans are yanking money from their 401(k) plans to pay the bills, by Matt Egan
Meta prohibits generative AI tools for political ads, by Brian Fung
The Wall Street Journal
Pfizer to Relocate Workers as It Closes New Jersey Facility, by Emon Reiser
TikTok Is Bringing Logistics to the E-Commerce Dance, by Liz Young
CNBC
Planet Fitness shares surge as company raises revenue outlook, by Brandon Gomez
Food-delivery startup Wonder Group gets $100 million investment from Nestle, by Melissa Repko
Reuters
Amazon dedicates team to train ambitious AI model codenamed ‘Olympus’ –sources, by Krystal Hu
UK online sales to grow 2.7% in Christmas shopping season -Adobe report
News about business journalism:
CNBC.com lays off reporting and video staffers
Bloomberg Media tops 500,000 subscribers
Towey departs Business Insider for Conde Nast Traveler
Fox Business Network appoints Saberi Chicago-based correspondent
Energy reporter Earl to depart City AM for Politico
Yahoo Finance redesigns its website
Blockworks senior reporter Sinclair departs
Bloomberg hires Vestal as senior editor for visuals
Autos reporter St. John departs Insider
Morning Brew promotes Sutton to editor of Marketing Brew
