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Some of Wednesday’s top business news stories:
The Associated Press
Powell likely to stress Fed’s inflation fight far from over, by Christopher Rugaber
CNN
PayPal will lay off 2,000 workers, or 7% of staff, by Catherine Thorbecke
Apple has infringed on worker rights, NLRB investigators say, by Brian Fung
The Wall Street Journal
Snap Warns of Sales Drop After Revenue Growth Stalls, by Meghan Bobrowsky
Elon Musk Warned About Incoming EU Social-Media Law, by Kim Mackrael
CNBC
Google is asking employees to test potential ChatGPT competitors, including a chatbot called ‘Apprentice Bard’, by Jennifer Elias
Britain hit by biggest strike in more than a decade with schools shut and rail networks disrupted, by Jenni Reid
Reuters
Intel slashes employee, exec pay amid PC market downturn, by Stephen Nellis
News about business journalism:
WSJ names Patterson head of audio
Reporter Donnelly to depart Morning Brew
Reuters to explore video strategies
Berkshire publication adding business news section
What happened to Insider’s DC bureau?
Tax Notes/Tax Analysts hires Stanton as a congressional reporter
Crypto.news appoints Ross-Mychka editor in chief
WaPo layoffs, a local news lifeline, new Barron’s editor at large, AP news director moves
Navasky, leader of The Nation magazine, dies at 90
WaPo lays off 20 staffers, shutters gaming section
Rebuild Local News nonprofit launches to create jobs, save local news
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