Some of Friday’s top business news stories:
The Associated Press
Workers are on strike at all 3 Detroit auto makers for the first time in their union’s history, by Tom Krisher, Corey Williams and Mike Householder
TikTok is hit with $368 million fine under Europe’s strict data privacy rules, by Kelvin Chan
CNN
Mortgage rates inch up, lingering above 7%, by Anna Bahney
ABC News staffers ‘freaking’ out over reports Disney is in talks to sell the outlet, by Oliver Darcy
The Wall Street Journal
Inside Exxon’s Strategy to Downplay Climate Change, by Christopher M. Matthews and Collin Eaton
Instacart Set to Raise IPO Price Target After Successful Arm Debut, by Jaewon Kang and Corrie Driebusch
CNBC
JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal, by Hugh Son
More companies, especially airlines, warn higher costs will eat into profits, by Leslie Josephs
Reuters
Salesforce to hire 3,300 people after layoffs earlier this year, Bloomberg reports
Google nears release of AI software Gemini, The Information reports
News about business journalism:
FT taps Smyth to be US energy editor
SABEW names shortlist for Best in Business Book award
Bloomberg launching “Bloomberg Brief” morning show
Smith, former Post-Intelligencer biz editor, dies at 75
Australian Broadcasting Company hires Ryan as science and tech journalist
