Some of Friday’s top business news stories:
Associated Press
Why U.S. consumers could feel impact of Trump’s China tariffs, by Christopher Rugaber
Behind Facebook’s baby step fixes: Defending its ad business, by Barbara Ortutay and Anick Jesdanun
Bloomberg
World’s wealthiest lose $71 billion in market selloff, by Tom Metcalf and Jack Witzig
Dropbox raises $756 million after pricing IPO above range, by Alex Barinka
Fortune
Here’s how China could really hurt Trump in a trade war, by Shawn Tully
Thousands of human mediators won’t fix toxic content on social media, by Michal Lev-Ram
Reuters
Saudi Arabia’s new crown prince to sit down with Wall Street, by Joshua Franklin and David Henry
Facebook apology does little to satisfy lawmakers, Wall Street, by Dustin Volz and Kate Holton
News about business journalism
Longtime biz journalism Goldberg leaves Chronicle
Lowrey to join The Atlantic’s new ideas section
CNBC.com hires Schwartz to cover political fundraising
Notte leaves TheStreet.com after nearly nine years
Health care reporter Reed leaving Washington Biz Journal
Bloomberg Businessweek, Reuters win OPC awards for business journalism
“Bloomberg Daybreak” adds Middle East show
This date in business journalism