Some of Wednesday’s top business news stories:
The Associated Press
More evidence that the US job market remains hot after US job openings rise unexpectedly in August, by Paul Wiseman
Biden says that all 10 drugs targeted for the first Medicare price negotiations will participate, by Will Weissert
CNN
GM, Ford lay off 500 more workers, blaming strike, by Chris Isidore and Vanessa Yurkevich
75,000 Kaiser Permanente workers walk off the job. It’s the largest health care worker strike in US history, by Samantha Delouya
The Wall Street Journal
Netflix Plans to Raise Prices After Actors Strike Ends, by Jessica Toonkel and Sarah Krouse
Chicago Tipping Fight Brings Tough Choices for Restaurants, by Heather Haddon
CNBC
United Airlines buys 110 additional Boeing, Airbus jets into the 2030s with delivery slots scarce, by Leslie Josephs
Mortgage demand drops to the lowest level since 1996, as interest rates head toward 8%, by Diana Olick
Reuters
US FDA authorizes Novavax’s updated COVID shot, shares rise, by Sriparna Roy and Michael Erman
Exclusive: Meta to lay off employees in metaverse silicon unit on Wednesday, by Katie Paul
News about business journalism:
Talking Biz News Today – Oct. 3, 2023
Bloomberg taps Phartiyal as South Asia tech reporter
Bloomberg Law’s Phengitthsy moves to FDA and drug pricing beat
LA Times, Public Health Watch and KPCC among Barlett & Steele winners
Daily Herald biz editor Schwarz moves to sports
Castronuovo to cover state health trends for Bloomberg Law