Some of Wednesday’s top business news stories:
Associated Press
Powell says economy facing growing uncertainties, by Martin Crutsinger
FedEx loses $2 billion, warns of headwinds in coming year, by David Koenig
Bloomberg
U.S. Prosecutors Join Multinational Crackdown on Insider Trading, by Franz Wild, Aaron Kirchfeld, Alan Katz
For First Time Ever, Renewables Surpass Coal in U.S. Power Mix, by Chris Martin
Fortune
Apple Watch Series 4 Outsold Every Other Smart Watch in 2018—in Just One Quarter, by Don Reisinger
Wayfair Employees Threaten Walkout Over Sales to Migrant Detention Contractor, by Tovin Lapan
Reuters
U.S. consumer confidence dives, trade tensions hurting economy, by Lucia Mutikani
Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi, by Allison Lampart, Debroop Roy
News about Business Journalism
Sottek, Havlak promoted at The Verge
Grisham appointed new White House press secretary
How Hunter S. Thompson encouraged someone to cover sports business
OneZero hires Mullin for biotechnology coverage
Morris joins Fortune as staff writer
Longtime Consumer Reports staffer Fox has departed
ACBJ’s papers are combining two Friday email newsletters
This date in business journalism
2017: Former CNNMoney exec editor Haris resigns after Russia story
Moody's Ratings has promoted Yvette Kantrow to senior vice president and editor in chief. She has been…
Politico reporter Clare Fieseler is leaving the news organization to take on some ocean reporting projects. She…
Wall Street Journal reporter Ben Eisen has signed a contract with Norton to write a book about…
Reuters has hired Pia Krishnakutty as a news producer. She has been at The Print as a…
The Indianapolis Business Journal is looking for our next news editor, a role that focuses…
Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…