Media News

Talking Biz News Today – Nov. 9, 2023

Some of Thursday’s top business news stories:

The Associated Press

To help 2024 voters, Meta says it will begin labeling political ads that use AI-generated imagery, by David Klepper

International Monetary Fund warns Europe against prematurely declaring victory over inflation, by David McHugh

CNN

Actors union reaches tentative deal with Hollywood and TV studios, ending historic strike, by Oliver Darcy and Ramishah Maruf

Disney plans to slash costs by another $2 billion as it aims to make streaming profitable, by Samantha Delouya

The Wall Street Journal

SoftBank Loses $6.2 Billion in Quarter as WeWork Weighs on Investments, by Megumi Fujikawa and Eliot Brown

American Airlines Dangles $250,000 Bonuses to Poach FedEx and UPS Pilots, by Alison Sider and Esther Fung

CNBC

ESPN shows strength as Disney’s other networks report lower revenue, by Alex Sherman

Pharmacy walkout organizers help launch national push to unionize pharmacists, technicians, by Annika Kim Constantino

Reuters

Apple suffers setback in fight against EU’s $14 bln tax order, by Foo Yun Chee and Bart H. Meijer

US 30-year mortgage rate plunges by most in nearly 16 months – MBA, by Amina Niasse

News about business journalism:

Memphis Biz Journal reporter Davis departs for Commercial Appeal

Gargano to cover the tech beat for American Banker

WSJ drops book bestseller lists

Digital Frontier hires Matsuda as reporter

Benoit, Lombardo named deputy Wall Street bureau chiefs at WSJ

NBC’s Minneapolis anchor, trio of NY Times moves, AP gets a global news manager

Mariam Ahmed

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