Some of Friday’s top business news stories:
Associated Press
First settlement in lawsuits against oil firms over coast
US economy grew at modest 2% rate in second quarter, by Martin Crutsinger
Fortune
McKinsey to Open First Ever Store At Mall of America, by Phil Wahba
Whistleblower Complaint Opens Window Into Secret Government Computer Systems, by Deb Riechmann
The Wall Street Journal
Instagram’s Content Factories Are Huge—And That’s a Problem for Facebook, by Georgia Wells, Jeff Horwitz
Large Marathon Petroleum Shareholders Seek CEO Ouster, by Rebecca Elliott
CNN
Beyond Meat stock soars on McDonald’s deal, by Paul R. La Monica
Big Tobacco survived a crackdown. So can e-cigarettes, by Paul R. La Monica
Reuters
Delta buys $1.9 billion LATAM stake, snatching partner away from American Airlines, by Tracy Rucinski
Internet sector contributes $2.1 trillion to U.S. economy: industry group, by David Shepardson
News about business journalism
Consumer Reports, HBR finalists for Magazine of the Year
Tennessee biz reporter headed to Colorado to cover education
Nussbaum departs Bloomberg for Bergen Record
WSJ hires Yoon to cover Asian debt markets
WSJ hires Reinhold as senior publishing editor
The Independent has hired Justin Baragona as a senior reporter. He will be covering the intersection of…
Author and editor James Ledbetter was a beloved friend, Economic Hardship Reporting Project Board member…
Financial Times editor in chief Roula Khalaf sent out the following on Friday: Hello everyone I'm pleased…
Ken Brown of The Wall Street Journal is leaving the news organization. He is an…
Dow Jones News Fund President Brent W. Jones announced at the nonprofit journalism training organization’s…
Jillian Ward, managing editor for U.S. technology at Bloomberg News, sent the following note to…