Some of Wednesday’s top business news stories:
Associated Press
China virus outbreak may wallop economy, financial markets, by Elaine Kurtenbach
GM’s Cruise heads down new road with new robotaxi concept, Michael Liedtke
Fortune
Blossom Capital’s latest funding round showcases jump in U.S. investment in European venture funds, by Jeremy Kahn
China braces for spread of deadly new virus as millions travel for Lunar New Year, by Eamon Barrett
CNN
Netflix adds subscribers as competition from Disney+ and Apple ramps up, by Frank Pallotta
Toyota and Honda recall millions of vehicles, by Michelle Toh, Yoko Wakatsuki
CNBC
JC Penney is closing 6 stores this year. Here’s where they are, by Lauren Thomas
CDC confirms first US case of coronavirus that has killed 9 in China, by Berkeley Lovelace Jr.
Reuters
Tesla crosses $100 billion stock market valuation in extended trading, by Uday Sampath
BlackRock, partners eye initial $500 million for climate fund, by Simon Jessop, Sienad Cruise
News about business journalism
Buffalo Law Journal to merge with Buffalo Biz First
Smith named editor in chief of Laptop Magazine
Skift hires Liang-Pholsena as Asia editor
WSJ reporter Gold now covering climate and business
Argus names Fleming its senior vice president of news
Modern Retail hires Barkho as reporter