Some of Thursday’s top business stories:
The Wall Street Journal
Web shoppers beware: FedEx to charge by package size, by Laura Stevens
China scraps price caps on low-cost drugs, by Laurie Burkitt
The Associated Press
Health insurers just say no to marijuana coverage, by Tom Murphy
Toyota chalks up record profit, vehicle sales, by Yuri Kageyama
Reuters
At China’s Alibaba, chairman Ma’s dealings raise red flags, by Gerry Shih, Matthew Miller and Paul Carsten
Forbes
Mansion tax kills some million dollar home sales, study concludes, by Janet Novack
Re/code
Tesla will break ground on multiple Gigafactory sites – and California is now in the running, by James Temple
Today in business journalism
Phoenix Business Journal names new publisher
Loeb names lifetime achievement, Minard winners
Loeb award finalists announced
Fortune journalist offered shares in IPO
NBC pays up for Olympics
This date in business journalism history
2007: Reuters/Thomson disclose potential merger details
2013: Bloomberg Radio celebrates Boston launch
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Business Insider's Louise Ridley is joining The Female Lead, the women's empowerment charity founded by Tesco Clubcard entrepreneur Edwina…