Some of Thursday’s top business news stories:
Associated Press
Jeff Bezos says will pass baton to new Amazon CEO on July 5, by Joseph Pisani
US, Chinese trade war envoys talk; no sign of negotiations
CNN
HSBC is selling most of its US retail banking business, by Michelle Toh
Amazon buys MGM in a mega media deal, by Frank Pallotta
The Wall Street Journal
Oil Giants Are Dealt Major Defeats on Climate-Change as Pressures Intensify, by Sarah McFarlane, Christopher M. Matthews
Google Strikes Deal With Hospital Chain to Develop Healthcare Algorithms, by Melanie Evans
CNBC
American Eagle is the latest apparel retailer to crush estimates as teens head back to the mall, by Lauren Thomas
Electric vehicles need to be owned longer, driven further to offset ‘embedded carbon,’ Jefferies says, by Eustance Huang
Reuters
Biden administration backs Alaska oil drilling project approved under Trump, by Kanishka Singh
U.S. Senate panel advances EV tax credit of up to $12,500, by David Shepardson
News about business journalism
Moffat named senior editor for energy/commodities at Bloomberg
Bloomberg Industry union: Management won’t bargain on return to work
Tampa Bay Biz Journal promotes Kritzer to real estate editor
Inc. workers are joining a union
Boisséson steps down as CEO of Politico Europe, appoints new CEO
SF Biz Times hires Klearman to cover commercial real estate
Axios markets editor Rabouin is leaving
Digital Trends hires Colantonio as associate gaming editor
Coloradobiz appoints Haubert as publisher
Variety appoints Yossman U.K.-based international correspondent