Some of Wednesday’s top business news stories:
Associated Press
Johnson & Johnson, Risperdal maker hit with $8B verdict
California faces historic power outage due to fire danger, by Olga R. Rodriguez, Janie Har
Fortune
Trump’s Tariffs Were Supposed to Ding China, But the U.S. Economy Is Getting Hit 2.5x Harder, by Shawn Tully
Southwest Pilots Union Sues Boeing Over 737 Max Grounding, by Chris Morris
CNN
Domino’s is losing the pizza wars on Wall Street, by Paul R. La Monica
Twitter used phone numbers gathered for account security to sell ads, by Donie O’Sullivan
CNBC
Why Japanese gamers don’t buy Xbox, by Marilyn Haigh
How China is fueling the growth of beauty brands and boosting luxury players, by Jasmine Wu
Reuters
Thyssenkrupp CEO announces sweeping job cuts, by Tom Kaeckenhoff
Alibaba to stop sales of e-cigarette components in United States, by Josh Horwitz
News about business journalism
WSJ hires eight for finance department; five get new beat
Fortune Magazine CEO Alan Murray talks about the changing role of CEOs