Some of Friday’s top business news stories:
The Associated Press
Asian shares rise, China trading closed for national holiday, by Yuri Kageyama
Red-hot summer job market awaits US teens as employers sweat, By Paul Wiseman and Mae Anderson
CNN
Microsoft says it will support employees who want to unionize, by Rishi Iyengar
Ford announces $3.7 billion investment to build electric vehicles, trucks, new Mustang, by Peter Valdes-Dapena
The Wall Street Journal
Restaurants Add New Fees to Your Check to Counter Inflation, by J.J. McCorvey
Sheryl Sandberg Built Meta’s Ad Machine but Someone Else Will Have to Fix It, by Suzanne Vranica and Patience Haggin
CNBC
Starbucks union creates $1 million fund to cover lost pay for striking baristas, by Amelia Lucas
Walmart is using its thousands of stores to battle Amazon for e-commerce market share, by Melissa Repko
Reuters
Exclusive: Feeling ‘super bad’ about economy, Musk wants to cut 10% of Tesla jobs, by Hyunjoo Jin
Panasonic finalising choice of U.S. state for battery plant – exec
News about business journalism:
Cardina named director of strategic growth at Motley Fool
Fortune hires Hoffower as success editor
Lachapelle departing Bloomberg after 12 years
AP hires two personal finance reporters
Vanity Fair Hive executive editor Elder is departing
WSJ adds four to its newsroom talent team
Tampa Bay Times taps Liebson to cover real estate
HuffPost hires former MarketWatch reporter Nicholson as politics reporter
Vinopal to cover labor and management for the Observer
