Some of Friday’s top business news stories:
The Associated Press
As employers face labor shortages, Biden administration rolls out playbook for training workers, by Josh Boak
Inflation drops sharply in Europe. It offers a glimmer of hope, but higher oil prices loom, by David McHugh
CNN
Netflix shutters its DVD rental business, marking the end of the red envelope era, by Samantha Murphy Kelly
Pending home sales plunged last month as mortgage rates hit 20-year highs, by Anna Bahney
The Wall Street Journal
EVs Will Hit Detroit Harder Than a UAW Raise, by Stephen Wilmot
Nike Clears a Low Bar With Investors, by Jinjoo Lee
CNBC
Blue Origin, Sierra Space weigh future of Orbital Reef space station as partnership turns rocky, by Michael Sheetz
Automakers grow frustrated over pace of UAW negotiations as new strike deadline looms, by Michael Wayland and John Rosevear
Reuters
Meta’s new AI assistant trained on public Facebook and Instagram posts, by Katie Paul
What retailers have launched U.S. marketplaces since Amazon’s FTC antitrust probe
News about business journalism:
Talking Biz News Today – Sept. 28, 2023
LA Times, Washington Post win Loeb Awards
Bloomberg Media restructures to boost ad sales
Bloomberg names Scent its acting head of global deals
WSJ’s executive editor, NY names news director, six new staffers join CalMatters
FT targets readers with subscription app
Telegraph launches money channel