Some of Wednesday’s top business news stories:
Associated Press
Virus-induced spending spurs sales at Home Depot, Walmart, by Anne D’Innocenzio
US home construction surges 22.6%, third monthly increase, by Paul Wiseman
CNN
The war between Fortnite’s maker and Apple is escalating, by Brian Fung
World’s largest miner backs away from coal projects, by Julia Horowitz
The Wall Street Journal
Amazon Bets on Office-Based Work With Expansion in Major Cities, by Sebastian Herrera
FedEx Adds Peak Fees on Shipments During Holiday Season, by Paul Ziobro
CNBC
California declares state of emergency as it fights fires, extreme weather, by Doha Madani
Wall Street pushes for GM to spin off its electric vehicle business, by Michael Wayland
Reuters
Oracle joins bid for TikTok’s U.S. operations, sources say, by Echo Wang, Joshua Franklin
New York charges Teva, Allergan with insurance fraud over opioid claims, by Jonathan Stempel, Mrinalika Roy
News about business journalism
Chief content officer Casey talks CoinDesk and its plans
ViacomCBS in talks to sell CNET for $500 million
NerdWallet hires French to cover travel and loyalty reward programs
WSJ’s Zweig to receive Bell Award
CNN Money Switzerland files for bankruptcy
Janofsky joins Recorded Future to launch new cybersecurity publication
Vogue Business to launch membership
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