Some of Wednesday’s top business news stories:
Associated Press
Gas customers are casualties in fight over new pipelines, by Mary Esch
FedEx profit falls, company cites uncertainty over trade, by David Koenig
Fortune
Ironclad, the ‘Salesforce for Lawyers,’ Raises $50 Million, by Jeff John Roberts
Congress Is Investigating Private Equity’s Role in Huge Medical Bills, by Sy Mukherjee
The Wall Street Journal
Fed Intervenes to Curb Soaring Short-Term Borrowing Costs, by Nick Timiraos, Daniel Kruger
U.S. Army Tries New Recruiting Tactics After Missing Targets, by Ben Kesling
CNBC
Department store stocks fall amid rising oil prices and worries about consumer spending, by Jasmine Wu
‘Seinfeld’ could be the last ‘white whale’ TV show for Netflix to snag, by Sarah Whitten
Reuters
Britain to investigate $5 billion U.S. takeover of defense firm Cobham, by Kate Holton
Nissan plans sale of Trading unit in $1 billion deal: Bloomberg, by Ann Maria Shibu, Reuters
News about business journalism
How CNBC’s Farr ferrets out good health tech stories
Daily Journal of Commerce Oregon reporter Visser returning to Seattle
Wong returns to reporting for BuzzFeed
Salchert joins Dallas Biz Journal to cover real estate
FreightWaves hires Kulisch from Automotive News
WSJ adds three to publishing desk, promotes another
Wired hires Knight to cover artificial intelligence
New staff hired at innovation news site The Logic
Greenfield has new role overseeing Bloomberg diversity coverage
Globe and Mail’s McCarthy joins Sussex Strategy Group
Duhaime-Ross to host new podcast called “Reset” about tech and science
Jerde takes on new role as publishing editor at Adweek