Talking Biz News Today – Aug. 3, 2022

Some of Wednesday’s top business news stories:

The Associated Press

Inflation weighs on back-to-school buying for many families, by Anne D’Innocenzio and Claire Savage


Airbnb says demand is soaring even amid economic uncertainty, by Sara O’Brien

Starbucks sales falter in China because of Covid restrictions, by Danielle Wiener-Bronner

The Wall Street Journal

Starbucks Hit by Higher Costs for Wages and Supplies, but U.S. Demand Is Strong, by Heather Haddon

Gas Prices Have Fallen for 49 Straight Days, Approach $4 a Gallon, by Joseph De Avila and Lauryn Azu


Ford stock notches its best month since the Great Recession — and keeps rising, by Michael Wayland

Mall owners say retailers are still opening stores in spite of recession fears, by Lauren Thomas


Boeing defense workers to vote on revised contract offer, by David Shepardson

New York Times forecasts weak advertising revenue

News about business journalism:

Forbes hires investment bank to explore sale

Ex-Politico reporter launches food industry publication

AP biz news desk adds three

Sutton to co-author Politico’s “Morning Money” newsletter

STAT News taps Facher as addiction reporter

Jones joins Albuquerque Biz First as senior reporter

The Telegraph taps Warrington to cover real estate

The Markup hires Wei as editor in chief




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