Some of Thursday’s top business stories:
Reuters:
Global stocks slide as U.S.-China trade war takes toll on earnings, by Tom Wilson
Netflix shares plunge as global growth falls short, U.S. customers shrink, by Lisa Richwine and Vibhuti Sharma
BMW to pick new CEO, Zipse emerges as favorite, by Edward Taylor
CNN:
S&P has its worst day in more than three weeks, by Anneken Tappe
IBM earnings lag as it tries to capitalize on cloud, by Clare Duffy
N26, the online bank backed by Peter Thiel, is now worth $3.5 billion, by Ryan Browne
New York Times:
Facebook’s cryptocurrency faces second day of critical hearings, by Nathaniel Popper and Mike Isaac
WSJ:
Novartis sets aside $700 million to settle bribery allegations, by Denise Roland
Ebay lifts profit outlook amid tepid revenues, by Sebastian Herrera
Fortune:
Billionaire Haim Saban to invest $500 million in new record label, by Madeline Berg
Prime Day data starts rolling in, and shows Amazon is not the only winner, by Kiri Masters
News about business journalism:
Grady Trimble joins Fox Business Network
Ryan Gould hired by Mergermarket
Seidel headed to NBC News Digital
Former columnist Kevin Myers suing the Sunday Business Post
Procter steps into role as editor-in-chief of SF Weekly
Charlotte Observer biz reporter Peralta for Charlotte Agenda
