Some of Wednesday’s top business news stories:
Associated Press
Water near Duke’s dumps not safe to drink, by Michael Biesecker
July U.S. auto sales rose slightly on weaker demand, by Dee-Ann Durbin
Bloomberg
AIG announces $3 billion buyback as asset sales boost profits, by Sonali Basak
Logan’s Roadhouse plans bankruptcy amid restaurant slump, by Lauren Coleman-Lochner and Leslie Patton
New York Times
China, not Silicon Valley, is cutting edge in mobile tech, by Paul Mozur
Redstone’s granddaughter joins a suit against him, by Emily Steel
Reuters
U.S. consumer spending exits second quarter with strong momentum, by Lucia Mutikani
U.S. crude remains below $40 as oversupply still weighs, by Henning Gloystein
News about business journalism
Benzinga is business and financial news without stock recommendations
Oregonion biz editor leaving for Linfield College job
WSJ hires Bender from Bloomberg for DC bureau
Fox Business reports record audience for July
Bloomberg Radio becomes available on Apple Music
WSJ makes changes, hires in Chicago bureau
TheStreet executives comment on second-quarter results
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The date in business journalism
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MLex, a LexisNexis company, is an independent news organization for breaking news and forward-looking analysis…