Talking Biz News Today – July 19, 2019

Some of Friday’s top business stories:

CNBC:

NY Fed clarifies speech that market took as signal of a rate cut, by Christine Yang

What a failed Iran deal would mean for oil prices and military tensions, by Natasha Turak

Bloomberg:

France climbs above Italy on Europe’s debt mountain, by Giovanni Salzano

ECB studies revamping inflation goal in twilight of Draghi era, by Carolynn Look and Alessandro Speciale

Forbes:

France’s Bernard Arnault is now world’s second richest person, by Luisa Kroll

Boeing to book massive quarterly loss as it takes $4.9 billion charge on 737 Max fallout, by Jeremy Bogaisky

Reuters:

J.C. Penney taps debt restructuring advisers: sources, by Jessica DiNapoli

As “superstar” cities keep winning, worrisome U.S. divide widens, by Howard Schneider

CNN:

AB InBev sells Australian business after ditching huge Asian IPO, by Michelle Toh

Business groups slam House for passing $15 minimum wage bill, by Marc Rod

Chewy stock rises after release of its first results since IPO, loss narrows in line with forecast, by Lauren Hirsch

News about business journalism:

Time welcomes Grossman as president

The Financial Times selects Ellison as editor for luxury supplement

Craig Ey stepping down as editor-in-chief of Philadelphia Business Journal

Wittenberg leaves Minneapolis/St. Paul Business Journal

Entrepreneur lays off four in shift to digital

Washington Post taps Gregg to cover defense industry

Marc Tracy takes over media beat at NY Times