Some of Wednesday’s top business news stories:
States sue Meta claiming its social platforms are addictive and harm children’s mental health, by Barbara Ortutay
Hong Kong cuts taxes for foreign home buyers and stock traders as it seeks to maintain global status, by Kanis Leung
Mitsubishi Motors is ending production in China, by Michelle Toh
Microsoft, Google post strong quarterly sales growth as Big Tech continues its comeback, by Clare Duffy and Catherine Thorbecke
Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand, by Tom Dotan
GM Scales Back EV Plans as Buyers Hesitate, by Mike Colias
UAW expands strike to crucial GM SUV plant in Texas hours after automaker reports earnings, by Michael Wayland
Amazon considers offering veterinary telehealth as it looks to compete with Walmart, by Gabrielle Fonrouge
Spotify posts quarterly profit, user growth beats expectations, by Supantha Mukherjee
EU sets up new mechanisms to stave off medicine shortages, by Julia Payne
Talking Biz News Today – Oct. 24, 2023
Google, a company worth $1.7 trillion, lays off roughly 40 news employees
Stone to cover Brexit for Politico Europe
Sportico has hired Eichenberger as an editor
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…