Some of Tuesday’s top business news stories:
The Associated Press
IEA: High prices, uncertainty will slow growth in gas demand
Add rent to the rising costs bedeviling small businesses, by Mae Anderson
CNN
Tesla posts rare drop in sales in second quarter, by Chris Isidore
US and China discuss economic challenges as talk of tariff rollback swirls, by Laura He
The Wall Street Journal
Bosses Offer Midyear Raises to Retain Employees as Inflation Takes Toll, by Chip Cutter
Amazon, Microsoft, Google Strengthen Grip on Cloud, by Aaron Tilley
CNBC
American Airlines scheduling glitch allows pilots to drop thousands of July flights, by Leslie Josephs
Euro slides to 20-year low against the dollar as recession fears build, by Elliot Smith
Reuters
Exclusive: China plans $75 billion infrastructure fund to revive economy, by Xiangming Hou and Kevin Yao
Oil from U.S. reserves head overseas as gasoline prices stay high, by Arathy Somasekhar
News about business journalism:
Wu named chief Asia M&A correspondent for Reuters
The Information’s Peers joining Bloomberg Opinion
Bloomberg hires Harris as UK business editor
Rowan named deputy editor of consumer finance at Forbes Advisor
Aldinger, who covered the Pentagon for Reuters, dies at 84
Carbone named US science and tech editor for Daily Mail
O’Keefe departing Fortune for Esquire
Chicago media reporter Feder is stepping away from the beat after 42 year
Axios hires Dickey for San Francisco newsletter
Pensions & Investments hires Degen as DC reporter
Forbes hires Philly Biz Journal’s Smythe to write daily newsletter
STAT News launching business of health care newsletter
