Some of Tuesday’s top business stories:
CNBC:
Trump: We ‘will take a look’ into Peter Thiel’s claims of Google working with China, by Todd Haselton
This new business from Amazon represents a ‘$100 billion opportunity,’ Morgan Stanley says, by Michael Sheetz
Business Insider:
JPMorgan beats Wall Street’s targets with record quarterly profits, but equities revenue slumped, by Theron Mohamed
Tesla just slashed prices by nearly 8% and dropped some models in a bid to simplify its lineup, by Graham Rapier
Reuters:
Senate to grill Facebook over plans for Libra cryptocurrency, by Pete Schroeder and Katie Paul
Tech executives head to Capitol Hill for antitrust hearing, by Diane Bartz
CNN:
Ikea is closing its only US factory and moving production to Europe, by Julia Horowitz
How the Dow could zoom past 31,000 by the end of 2020, by Matt Egan
Bloomberg:
U.S. Retail Sales Post Broad Gains In June, by Reade Pickert and Katia Dmitrieva
BBC:
New face of the Bank of England’s £50 note is revealed as Alan Turing, by Kevin Peachey
News about business journalism:
The Sunday Business Post welcomes Oakley as new editor
Financial Times hires Miller as Frankfurt correspondent
Fontana moves into Exchange reporter role at WSJ
Kate Wood steps down as publisher of Nashville Business Journal
Ramnarayan joins Reuters as capital markets correspondent
Dow Jones content now available on Bloomberg terminals
Bloomberg Media launches Work Wise
CFO Journal deputy editor Shumsky departs
WSJ editors: Bloomberg move is all about enhancing Dow Jones Newswires
Forbes hires Rosenbaum as assistant editor of healthcare