Some of Wednesday’s top business news stories:
Associated Press
Major outage at Amazon disrupts businesses across the US, by Frank Bajak, Barbara Ortutay
‘Pharma Bro’ firm reaches $40M settlement in gouging case
CNN
Elon Musk doubles down on ending ‘subsidies’ as competitors now reap more benefits, by Matt McFarland
American productivity fell by the largest amount since 1960, by Anneken Tappe
The Wall Street Journal
Jeep Maker Stellantis Bets on Software to Boost Revenue, by Nick Kostov, Nora Naughton
Instagram Unveils New Teen Safety Tools Ahead of Senate Hearing, by Shara Tibken
CNBC
Visa launches crypto consulting services in push for mainstream adoption, by Ryan Browne
Jet founder Marc Lore plots U.S. expansion of food delivery biz: A ‘one-stop shop’ for cooked meals, by Lauren Thomas
Reuters
Record exports sharply narrow U.S. trade deficit, by Lucia Mutikani
Uber, Deliveroo could be hit by draft EU rules for gig workers, by Foo Yun Chee
News about business journalism
Carr named editor of FT’s Investor’s Chronicle
NBC News tech investigations team hires Matsakis
WSJ hires Tibken as personal tech news editor
WSJ, Dow Jones launch major polling initiative
Bloomberg News staffer Haze Fan remains detained in China
Barron’s creates innovative story formats team
Stone promoted to editor of Barron’s Advisor
Bloomberg Law’s Penn moves to Justice beat
Taylor to join Bloomberg as a reporter
Bloomberg hires Cerón for equality team as breaking news reporter
