Some of Friday’s top business news stories:
Associated Press
Trump Org scraps plans for two hotel chains, blaming politics, by Bernard Condon
Average tax refunds fall, creating political flashpoint, by Marcy Gordon
Bloomberg
Warren Buffett doubles down on big banks as Berkshire trims Apple stake, by Katherine Chiglinsky and Ben Foldy
These are the signs a U.S. recession may be coming, by Scott Lanman and Katia Dmitrieva
Fortune
Amazon will pay a whopping $0 in federal taxes on $11.2 billion in profits, by Laura Stampler
Happy Valentine’s Day: The most expensive scams involve romance, FTC warns, by Laura Stampler
Reuters
Big hedge funds dumped China stocks, Apple as market tumbled, by David Randall
Prominent investors stock up on EBay, then activists flex muscle, by Svea Herbst-Bayliss
News about business journalism
Chicago Biz Journal begins charging for content
WSJ taps two to write for “Heard on the Street”
CNBC hires Colarusso from Reuters as senior VP
NPR biz editor Gogoi named to SABEW board
Forbes has launched a $595/year blockchain newsletter
Politico hires Crain’s New York real estate reporter Anuta
Dow Jones Special Committee names new member
This date in business journalism
2014: Angelo Henderson, Pulitzer winner for WSJ, dies at 51
2009: The difficulty of covering a down market
Business journalism birthday
Feb. 15: Lloyd Whittington of the Triad Business Journal
