Some of Wednesday’s top business news stories:
Associated Press
U.S. job openings slipped in May, but hiring increased, by Josh Boak
Electric car maker scraps plan for $1 billion Nevada plant, by Alison Noon
Bloomberg
Dimon says QE unwind may be more disruptive than you think, by Cindy Roberts
Cryptocurrencies are getting crushed, by Lily Katz
Fortune
J.C. Penney updates old loyalty program, by Phil Wahba
How Toyota plans to spend $100 million, by Jonathan Vanian
Reuters
Snap shares drop on downgrade by lead underwriter Morgan Stanley, by Anya George Tharakan and Lewis Krauskopf
U.S. says an additional 2.7 million Takata air bag inflaters to be recalled, by David Shepardson
News about business journalism
What’s behind the overhaul at Bloomberg Businessweek
Kiplinger ups its social media strategy by hiring manager
Crain’s Chicago Business hit with defamation suit
Reuters loses appeal of injunction preventing publication of story
Former biz editor becomes editor of South Carolina paper
BuzzFeed’s Anand hired by The Information to cover Amazon
Cheddar buys stock picking game StockStream
This date in business journalism
