Talking Biz News Today — July 25, 2019

Some of Wednesday’s top business news stories:

Associated Press

Nissan to slash 12,500 jobs to cut costs, achieve turnaround, by Yuri Kageyama

California gets time to consider bids to take over PG&E, by Daisy Nguyen

Fortune

Smartphone Maker Xiaomi Celebrates Its Global 500 Debut By Awarding Employees $24 Million In Shares, by Eamon Barrett

Trump’s Asylum Seeker Restriction Blocked by Federal Judge

The Wall Street Journal

Samsung to Launch Foldable-Screen Phone in September, by Timothy W. Martin

Budweiser Maker Loses More Ground in U.S., by Saabira Chaudhuri

CNBC

Ford shares plunge after earnings fall short, 2019 forecast disappoints, by Emma Newburger

High-quality cars aren’t always the ones consumers want to buy, finds new JD Power study, by Paul A. Eisenstein

Reuters

China and U.S. trade negotiators to meet in Shanghai July 30-31, by Stella Qui, Kevin Yao

Exclusive: Nike explores sale of surfwear brand Hurley – sources, by Harry Brumpton, Joshua Franklin

News about business journalism

Cheddar’s Steinberg talks about sale to Altice

ProPublica Illinois hires The Real Deal’s Coryne

Narasimhan, former associate editor of The Hindu, passes away

Why one retail editor spends a lot of time reading other business news

Dow Jones receives more than $1.5 million in copyright infringement cases

Fox Business Network unveils new studio

Nelson steps down as managing editor of Investment News

Columbus Biz First reporter Bench is departing

Conlon assumes role as editor-in-chief of MediaVillage

Industry Dive hires eight new editorial staffers