Some of Thursday’s top business news stories:
Associated Press
Robinhood pays $70 million to settle range of allegations, by Stan Choe
PG&E seeks $3.6 billion in rate hikes for wildfire safety
CNN
Gas is above $3 and it will go higher if OPEC doesn’t act soon, by Matt Egan
SpaceX launches 88 satellites in rideshare mission, by Jackie Wattles
The Wall Street Journal
Ford to Idle or Curb Output at More Plants Because of Chip Shortage, by Mike Colias, Mora Naughton
CNBC
Rise in online payments spurs questions over cybersecurity and privacy, by Sumathi Bala
Lumber prices dive more than 40% in June, biggest monthly drop on record, by Yun Li
Reuters
Krispy Kreme raises $500 mln after pricing U.S. IPO below range, by Echo Wang, Niket Nishant
Dealmakers drown in deals in second-quarter M&A frenzy, by pamela Barbaglia, Anirban Sen
News about business journalism
Godwin becomes Jacksonville Biz Journal real estate reporter
The Markup’s Mattu named Knight-Wallace fellow
Savannah Morning News hires Nicholson to cover growth and development
Bloomberg hires Avis to cover Israel economy, government
Barron’s senior reporter Walsh departs
Yahoo Finance correspondent Hahm departs
Bloomberg Law taps Curi to cover cybersecurity and telecom
Washington Post’s Heath retiring after 31 years at the paper
Hoffman leaving markets beat for AFP
Sebastian to cover the world of finance for Interactive Investor
