Some of Wednesday’s top business news stories:
The Associated Press
Biden urges striking auto workers to ‘stick with it’ in picket line visit unparalleled in history, by Seung Min Kim, Tom Krisher and Chris Megerian
The Hollywood writers strike is over after guild leaders approve contract with studios, by Andrew Dalton
CNN
Alibaba’s logistics business will go public in first IPO from the new-look tech giant, by Anna Cooban
US consumer confidence is the lowest it’s been in four months, by Alicia Wallace
The Wall Street Journal
FTC Sues Amazon, Alleging Illegal Online-Marketplace Monopoly, by Dave Michaels and Dana Mattioli
Target to Close Stores in San Francisco, Other Cities, Citing Theft, by Ben Glickman
CNBC
Costco tops quarterly earnings expectations, even as sales remain soft, by Melissa Repko
Working women spend $15.4 billion more than men in out-of-pocket health costs, study finds, by Bertha Coombs
Reuters
Oil prices climb as markets focus on supply tightness, by Paul Carsten
H&M profits impress despite September sales slowdown, by Helen Reid
News about business journalism:
Bloomberg hires Strumpf to cover India economy and politics
Samtani departing The Real Deal
Politicos’ new digital producer, a BBC senior journo, NY Times names two Asia editors
FT hires Ring as legal correspondent
Guardian hires Montgomery to be US tech editor
Talking Biz News Today – Sept. 26, 2023