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
The San Francisco Standard has hired Jillian D'Onfro as a business reporter. She will start May 20.…
Business Insider CEO Barbara Peng sent out the following to the staff on Tuesday: Team,…
Politico Europe reporter Claudia Chiappa is now covering health care. She previously was a breaking news reporter.…
The Indianapolis Business Journal has hired Cate Charron to cover economic development and state politics.…
Nikkei Asia has named Pak Yiu its U.S. news editor based in New York. He…
The Tennessean has hired Hadley Hitson as a business reporter covering health care and dining.…