Some of Tuesday’s top business news stories:
Associated Press
Fed set to raise rates as Powell gives first news conference, by Martin Crutsinger
NYC launches investigation into Kushner Cos. false filings, by Bernard Condon
Bloomberg
Yellen says gradual Fed rate hikes are needed to prevent overheating, by Christopher Condon
Uber halts autonomous car tests after fatal crash in Arizona, by Mark Bergen and Eric Newcomer
Fortune
Former Tronc chairman and investor Ferro accused of inappropriate advances by two women, by Kristen Bellstom and Beth Kowitt
Goldman Sachs expects Tesla to miss Model 3 targets again, by Kirsten Korosec
Reuters
Whole Foods calls supplier summit amid Amazon angst, by Lisa Baertlein and Chris Prentice
McDonald’s agrees to settlement in franchisee’s U.S. labor case, by Daniel Wiessner
News about business journalism
The Telegraph launches tech section that includes U.S. reporters
Cheddar raises $22 million, plans to expand internationally
Axios adds tech editor, cybersecurity reporter
Barron’s adds five staffers in art, photo
Biz journalist Lowry hired as ME of Skift
Former Cheddar anchor Hale launches CultureBanx
This date in business journalism
2013: Bloomberg to launch Spanish-language service later this year