Some of Friday’s top business news stories:
Trump pledges $16B to farmers, markets slump, by Paul Wiseman and Christopher Rugaber
Facebook: Fake account removals double in 6 months to 3B, by Barbara Ortutay
Almost 40% of Americans would struggle to cover a $400 emergency, by Matthew Boesler
Luckin Coffee burns investors with 43% plunge form high after IPO, by Janet Freund
Apple and Google’s nemesis could be the next face of Europe, by Geoffrey Smith
All aboard the Navy’s first AI warship, by Adam Lashinsky
JPMorgan cuts tries with Oxycontin maker Purdue Pharma, by Mike Spector and Jessica DiNapoli
Oil plummets, on track for biggest weekly drop in 2019, by Jessica Resnick-Ault
News about business journalism
WSJ names Mandhana as Southeast Asia bureau chief
Former WSJ reporter McDonald has died at 47
Orlando Biz Journal reporter Richardson leaves for PR firm
Finkle leaving American Banker for law school
Nauman named producer for FT’s Moral Money
Thomas hired as editor of Front Office Sports
This date in business journalism
2014: Mossberg and Swisher: The most powerful tech reporters in Silicon Valley
2009: Toronto biz editor becomes paper’s editor in chief
Business journalism birthday
May 24: Christopher Taylor of Reuters