Some of Tuesday’s top business news stories:
Associated Press
Tesla’s deal for SolarCity could spur sustainable energy, by Dee-Ann Durbin
Union seeks ouster of Southwest CEO after IT breakdown, by David Koeing
Bloomberg
Oil sinks into bear market as U.S. stocks drop; Treasuries fall, by Anna-Louise Jackson and Bailey Lipschultz
IBM said to be in early talks to acquire Revel Systems, by Lizette Chapman
New York Times
Nick Denton files for bankruptcy, just weeks after Gawker did, by Sydney Ember
McDonald’s tweaks its recipes: Now real butter in the McMuffin, by Stephanie Strom
Reuters
U.S. factory activity slips; construction spending hits one-year low, by Lucia Mutikani
EPA should change biofuels program to help small fuel retailers, by Chris Prentice
News about business journalism
The Wrap promotes Molloy to EE, Geier to ME
TheStreet reports loss, revenue decline
American Lawyer papers reorganize their journalists into themes
Bloomberg Businessweek hires Keehn as its features editor
Politico hires Herszenhorn as chief EU reporter
Former Bloomberg digital head to launch new website
Business Insider to launch Netherlands site
The date in business journalism
2011: New Bloomberg TV show to feature tech startups
2006: Baltimore Sun to run ads on biz section front
Business journalism birthday
Aug. 2: Dan Burrows of InvestorPlace