Some of Tuesday’s top business news stories:
Associated Press
Yahoo reports another big loss, writes down Tumblr value, by Brandon Bailey and Michael Liedtke
U.S. says fuel economy likely won’t meet 2025 targets, by Dee-Ann Durbin and Tom Krisher
Bloomberg
Fiat Chrysler auto sales probed by Justice Department, SEC, by Tom Schoenberg and Tommaso Ebhardt
Uber inks software deal with Concur to ease business trips, by Eric Newcomer
MarketWatch.com
It’s cheaper to rent a home than buy it in just eight states, by Catey Hill
Current U.S. economic recovery may end up as longest ever, by Jeffrey Bartash
Reuters
SoftBank to buy UK chip designer ARM in $32 billion cash deal, by Chang-Ran Kim and Kate Holton
Bank of America sets new cost target under pressure from low rates, by Dan Freed and Sruthi Shankar
News about business journalism
Layoffs at Market News International include Fed reporter Beckner
Business Insider has hit 100M monthly unique visits
Company sues ex-worker for providing info to Bloomberg reporter
Cowen joins Bloomberg View as columnist
Bloomberg Media jumps back to No. 1 in video
Forbes Media promotes Federle to president
Fortune.com promotes three to deputy digital editor, hires five
CNNMoney names biz/tech correspondent in London
The date in business journalism
2011: Tampa Tribune reporter wins top individual NAREE award
2006: Cuban defends investigative biz journalism site
Business journalism birthday
July 19: Brian Sullivan of CNBC
July 19: Doug Fruehling of the Washington Business Journal
July 19: Jackie Bischof of Quartz
