Some of Friday’s top business news stories:
The Associated Press
Democrats say they’ve reached agreement on economic package, by Alan Fram
Applications for US jobless claims up again last week, by Matt Ott
CNN
Mortgage rates drop below 5% for first time since April, by Anna Bahney
Alibaba shares pop as revenue beats expectations, by Michelle Toh
The Wall Street Journal
DoorDash Revenue Climbs as Restaurants Raise Prices, Consumers Continue Spending, by Preetika Rana
Elon Musk Alleges Twitter Fraud in Countersuit Filed in Delaware, by Cara Lombardo, Erin Mulvaney and Sarah Needleman
CNBC
Warner Bros. Discovery CEO David Zaslav embraces the past as he plans his company’s future, by Alex Sherman
International airlines launch battle plans to deal with summer of travel chaos, by Hannah Ward-Glenton
Reuters
Exclusive: Italy, Intel close to $5 billion deal for chip factory, by Giuseppe Fonte and Giulio Piovaccari
News about business journalism
South Florida Biz Journal promotes Bandell to real estate editor
CQ Roll Call taps Clevenger as defense and national security editor
Reuters parent reports better-than-expected earnings
Lerner swaps the Intercept for ProPublica
Law360 reporter Pagan departs for law school
McGraw Center seeks applicants for fall fellowships
Nearly 300 Reuters journalists walking off the job
