Some of Thursday’s top business news stories:
Associated Press
Report shows US deficit to exceed $1 trillion next year, by Kevin Freking
Retailers’ results show sharp divide between losers, winners, by Anne DInnocenzio
The Wall Street Journal
Simply Good Foods to Buy Protein-Food Producer for $1 Billion, by Micah Maidenberg
Trump, California Showdown on Fuel-Economy Rules Divides Auto Makers, by Ben Foldy, Mike Colias
Bloomberg
German Companies Brace for Economic Recession as Orders Crumble, by Carolynn Look
Qantas Tests 20-Hour Non-Stop Flights to See If Passengers Can Bear It, by Angus Whitley
CNBC
Payroll service CEO sees no deterioration of growth in medium-sized businesses, by Tyler Clifford
Former OMB director says a halt in US consumer spending would bring on a recession, by Jasmine Kim
Reuters
E-cigarette firms probed over health concerns by U.S. House panel, by Brian Pietsch
U.S. farmers, lawmakers dial up pressure on Trump over biofuel policy, by Humeyra Pamuk, Jarrett Renshaw
News about business journalism
Why a NY Times economics reporter writes stories longhand
WSJ is building younger audience with Future of Everything
NY Times hires Quartz’s Pyne for video team
Bloomberg Tech hires Ryan Gallagher
Wigglesworth becomes FT’s global finance correspondent
Cate Barron named president of PA Media Group