Some of Friday’s top business news stories:
Associated Press
Dow Jones industrials breach 24,000 in broad market rally, by Alex Veiga and Paul Wiseman
OPEC, allies extend production cut through 2018, by George Jahn and Kiyoko Metzler
Bloomberg
Elon Musk’s battery boost will be short-lived, by Perry Williams and Kanika Sood
Blue Apron CEO Salzberg steps down, to be replaced by CFO, by Jing Cao
Fortune
Kia’s new plug-in hybrid gets a bigger battery, by Kirsten Korosec
CVS gets close to buying Aetna as Amazon threat looms, by Kirsten Korosec
Reuters
Bitcoin loses over a fifth of its value in 24 hours, by Abhinav Ramnarayan
Qualcomm files new patent infringement complaints against Apple, by Stephen Nellis and Ankit Ajmera
News about business journalism
Money.net now has more than 80,000 subscribers
Fort Lauderdale biz news reporter Satchell is laid off
No black women panelists at Business Insider’s flagship conference in eight years
Aalund named WSJ deputy coverage chief for life and arts
Federle named next CEO of Forbes Media
Blockchain News merging with Token Report
This date in business journalism
2012: WSJ’s Thomson expected to be named CEO of company
2007: Black Enterprise staffers upset about non-compete clause