Some of Thursday’s top business news stories:
Associated Press
U.S. proposes higher tax on $200 billion in Chinese imports, by Paul Wiseman
Fed keeps key rate unchanged while signaling future hikes, by Martin Crutsinger
Bloomberg
Tesla slows cash burn as Musk’s Model 3 production picks up, by Dana Hull
Ferrari slumps after CEO says Marchionne target is “aspirational,” by Tommaso Ebhardt
Fortune
Spotify yanks some Alex Jones podcasts, says they violated its “hate content policy,” by Kevin Kelleher
NYC rejects medallion fund offered by Uber, Lyft to aid taxi drivers, by Glenn Fleishman
Reuters
Apple’s ride to $1 trillion: The magic number that gets it there, by Noel Randewich
JPMorgan says it is a subject of SEC probe of ADR abuses, by David Henry
News about business journalism
ProPublica hires Bandler to cover business
NY Times hires Bloomberg’s Wiese to cover Amazon, Microsoft
Perez named editor of D CEO magazine
The Verge’s Jeong to join NY Times editorial board
Tech journalist creates site to help journalists working on tech stories
The Financial Times has created an audience mapping tool
Yahoo Finance hires head of UK, senior economics reporter
This date in business journalism
2013: Judge angry about Bloomberg trial story
2008: Wall Street now sour on Dow Jones acquisition
Business journalism birthday
Aug. 2: John Downey of Charlotte Business Journal