Some of Friday’s top business news stories:
Associated Press
Amazon’s already large distribution empire keeps expanding, by Mae Anderson
U.S. homeownership rate of 62.9 percent matches 51-year low, by Josh Boak
Bloomberg
American’s pilots says it flies “ragged edge” of flight rules, by Mary Schlangenstein
Expedia scales back plans for new $1.2 billion Seattle campus, by Gerrit de Vynck and Alexandria Arnold
MarketWatch.com
Facebook just passed Buffett’s Berkshire Hathaway in market value, by Mark DeCambre
GoPro’s shares soar as analysts say a return to profits is in sight, by Caitlin Huston
Reuters
Judge rejects Sumner Redstone bid to end Viacom CEO lawsuit, by Jessica Toonkel and Dan Levine
Ford calls an end to U.S. auto boom, rivals bet other way, by Bernie Woodall and Joseph White
News about business journalism
Yahoo Finance, Dow Jones websites gain traffic in June, Business Insider falls
Ex-International Biz Times staffers going after company
ACBJ executive editor overseeing online is leaving
CNBC’s Epperson on helping views protect and grow their money
Reuters news revenue up in second quarter
CNBC hires personal finance reporter from Business Insider
The date in business journalism