Some of Friday’s top business news stories:
Associated Press
SoftBank sets up $108B investment fund, with no Saudi money, by Yuri Kageyama
House passes bipartisan budget bill with Trump support, by Andrew Taylor
CNN
Europe has joined the US on the path to more stimulus, by Charles Riley
Amazon’s streak of record profits comes to an end, by Seth Fiegerman
The Wall Street Journal
Roundup Verdict Cut to $86.7 Million From $2 Billion, by Sara Randazzo
Justice Department in Talks With States to Win Support for T-Mobile, Sprint Merger, by Drew FitzGerald
CNBC
Mattel is making a Magic 8-Ball movie with horror movie titan Blumhouse, by Sarah Whitten
Barneys begins to raise financing for potential bankruptcy, by Lauren Hirsch
Reuters
Twitter beats on revenue, sees rise in daily users viewing ads, by Elizabeth Culliford
Huawei rolls out 5G phone and flags first Hongmeng device, by Sijia Jiang
News about business journalism
Iowa business paper hires Barske as associate editor
How artificial intelligence from Quartz helped reporters with the Mauritius Leaks
Brian Stelter spoke to Bloomberg podcast host and investor Barry Ritholtz about the best practices for media…
British business publication City AM has hired Simon Hunt as city editor. He has been editor of…
Contexte, which launched 12 years ago and covers French public policy news across eight verticals…
Health industry news site STAT News and Mia Sato of The Verge were recognized by The American…
The New York Times is seeking an experienced, ambitious editor to run the Business desk’s…
Colin Campbell has been hired by Axios to cover supply chain deals and the freight industry.…