Some of Friday’s top business news stories:
The Associated Press
Social Security benefits will increase by 3.2% in 2024 as inflation moderates, by Fatima Hussein
Microsoft’s bid for Activision gets UK approval. It removes the last hurdle to the gaming deal, by Kelvin Chan
CNN
Microsoft Outlook will soon write emails for you, by Jennifer Korn
Flexport to cut 20% of staff one month after CEO shakeup, by Samantha Delouya
The Wall Street Journal
Investors Bet Thriftier Chinese Shoppers Are Here to Stay, by Cao Li
New Walgreens CEO Needs to Cut the Dividend, by David Wainer
CNBC
Delta says Hollywood, auto strikes are denting business travel, by Leslie Josephs
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans, by Hugh Son
Reuters
Canada news industry body backs Google’s concerns about online news law, by Ismail Shakil
IKEA sticks with China despite slowing economy, by Helen Reid
News about business journalism:
The Block taps Copeland to be editor in chief
The Information hires Morning Brew exec to be its COO
Vietnamese edition of Bloomberg Businessweek launched
Yahoo Finance hires Wang as senior editor
Law360 hires McLoone as tax researcher
FT creates visual investigations team, hires Killing
Mejía joins Bloomberg as graphics reporter
Bloomberg taps Hou to serve as China aviation reporter
Vanity Fair hires Ganesan as senior editor for The Hive
