Some of Thursday’s top business news stories:
Associated Press
Biden signs order to beef up federal cyber defenses, by Alan Suderman
As chip shortage goes on, cars are scarce and prices are up, by Tom Krisher
CNN
Bitcoin drops around 12% after Elon Musk tweets that Tesla will not accept it as payment, by Rishi Iyengar
Investors may have misjudged the recovery summer, by Julia Horowitz
The Wall Street Journal
Amazon Wins Appeal Over $300 Million EU Tax Bill, by Sam Schechner
Volvo Cars to Explore Possible IPO, by William Boston
CNBC
As much as $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin, by Arjun Kharpal
Hertz shares surge by more than 50% after selecting $6 billion turnaround bid, by Michael Wayland
Reuters
Colonial Pipeline slowly restarts as Southeast U.S. scrambles for fuel, by Joseph Menn, Stephanie Kelly
Boeing wins FAA OK for 737 MAX electrical fix, notifies airlines, by David Shepardson
News about business journalism
The war between tech companies and the journalists that cover them
Columbia names this year’s Knight-Bagehot fellows
Boston Globe hires Verma to cover tech
Why an ex-Bloomberg reporter started The Defiant
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…