Associated Press
Total expands in North Sea with purchase of Maersk Oil, by Pan Pylas
U.S. stock indexes inch higher after back-to-back down weeks, by Stan Choe
Bloomberg
L.A. Times management ousted by Tronc in shake-up at flagship, by Anousha Sakoui
Facebook usage among teens in U.S. set to drop, EMarketer says, by Sarah Frier
Fortune
Amazon’s newest venture likely to be a bust, by Heidi Mannetter
Macy’s poaches top EBay exec to be second-in-command, by Phil Wahba
Reuters
Sempra Energy to buy Oncor for $9.45B in blow to Berkshire, by Rama Venkat Raman and Tracy Rucinski
Hedge fund manager Dalio cuts risk amid worries about Washington, by Svea Herbst-Bayliss
News about business journalism
Fasman named Economist’s Washington correspondent
Trowbridge leaves Business Real Estate Weekly of Arizona
Vaitheeswaran named U.S. business editor for Economist
TheStreet hires two new editorial staffers
Fortune’s Griffith is joining Wired magazine
This date in business journalism
2012: Tech journalists need to learn something about business
2007: Chicago is BusinessWeek’s test market
Business journalism birthdays:
Aug. 22: Kevin Delaney of Quartz
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