Associated Press
Connecticut feels effect of drop in super-rich tax payments, by Susan Haigh
Detroit Packard factory still in ruins 3 years after sale, by Corey Williams
Bloomberg
Sinclair said close to buying Tribune for about $45 a share, by Paul Barbagallo and Alex Sherman
China’s deleveraging bill tops $500 billion, by Sofia Horta E Costa
Fortune
Instagram “influencers” face peril in Fyre Festival lawsuit, by Jeff John Roberts
The FCC is investing Stephen Colbert’s Trump joke. But what can it actually do? by Aric Jenkins
Reuters
Reporters barred from Kushner Companies’ visa-for-investment event in China, by John Ruwitch
U.S. Commerce chief says Canada trade threats “inappropriate,” by David Lawder
News about business journalism
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NY Times hires Draper as sports business reporter
This date in business journalism
2012: The Atlantic names its biz news site Quartz
2007: SEC says couple bought Dow Jones stock using inside info
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Justin Nielsen of Investor's Business Daily writes about the newspaper's 40th anniversary. Nielsen writes, "When the…