Some of Friday’s top business news stories:
Associated Press
American Airlines will drop flights to 15 cities in October, by David Koenig
Study: Craft distillers see sales evaporate amid pandemic, by Bruce Schreiner
CNN
Tech’s magnificent seven are worth $7.7 trillion, by Paul R. La Monica
The pandemic is turning into a super-expensive business quagmire, by Anneken Tappe
The Wall Street Journal
Bayer Settles Essure Birth-Control Litigation for $1.6 Billion, by Sara Randazzo
ViacomCBS Seeks About $5.5 Million for 30-Second Commercial Spots in 2021 Super Bowl, by Alexandra Bruell
CNBC
Iron ore prices have hit multi-year highs as demand soars on infrastructure investment, by Huileng Tan
China Tesla rival Nio is up 240% this year and the company is revamping plans to go global, by Evelyn Cheng
Reuters
Tesla’s soaring stock cracks $2,000 ahead of share split, by Noel Randewich
Rise in U.S. weekly jobless claims clouds labor market recovery, by Dan Burns
News about business journalism
How WSJ digital ads weathered the downturn
Sisco departing MLex for Capitol Forum
Vanity Fair hires Pressler to cover money and culture
Phoenix Biz Journal ME O’Grady named Independent Newsmedia ME
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Benjamin Parkin has been named Middle East and Africa news editor at the Financial Times, based…