Some of Tuesday’s top business news stories:
The Associated Press
Tesla 3Q sales rise 27% but fall short of expectations due softening demand and factory downtime
Fed’s Powell gets an earful about inflation and interest rates from small businesses, by Christopher Rugaber
CNN
Microsoft CEO warns of ‘nightmare’ future for AI if Google’s search dominance continues, by Brian Fung
Florida minimum wage raised to $12 an hour as part of 2020 constitutional amendment, by Maxime Tamsett
The Wall Street Journal
Zoom’s Ex-CMO Will Now Pitch Hybrid Work as CEO of Video-Tech Firm Neat, by Megan Graham
U.S. Car Sales Expected to Increase Again in the Third Quarter, by Sean McLain
CNBC
Federal judge declines to block Medicare drug price negotiations, by Annika Kim Constantino
Fast-food drive-thru lanes speed up as fewer drivers wait in line, by Amelia Lucas
Reuters
Elon Musk’s X hit with trademark lawsuit from marketing agency, by Blake Brittain
Meta’s Instagram, Facebook to charge EU users for ad-free service – source, by Supantha Mukherjee and Jyoti Narayan
News about business journalism:
UK’s Prospect Magazine launches new podcast
FT taps Edgecliffe-Johnson as US news editor
Endpoints News hires Yeung to cover health tech
Bloomberg Law hires Riley as senior privacy reporter
Zucker buys Crain stake in Front Office Sports
Qwoted 100 PR superstar: Aneska Alino of Kickstand Communications
FT appoints Mersinoglu telecom and technology correspondent
Guardian ups investigative ante, New York sports swap, Politico’s new EU deputy ed
