Some of Wednesday’s top business news stories:
Associated Press
Companies testing vaccines pledge safety, high standards, by Linda A. Johnson
GM to make electric vehicle, supply batteries for Nikola, by Tom Krisher
CNN
Apple scheduled an event for next week, fueling iPhone 12 speculation, by Clare Duffy
Peloton cuts the price of its most popular bike by 15%, by Jordan Valinsky
The Wall Street Journal
Slack’s Pandemic Growth Takes Hit From Disappointing Billings, by Aaron Tilley
AstraZeneca Pauses Covid-19 Vaccine Trial After Illness in a U.K. Subject, by Peter Loftus
CNBC
9 retailers that are avoiding the industry’s shakeout and opening stores, by Lauren Thomas
Oil drops more than 7% to multi-month low on demand fears, by Pippa Stevens
Reuters
Apple seeks damages from ‘Fortnite’ creator in App Store dispute, by Stephen Nellis
Northrop Grumman wins $13.3 billion missile replacement contract, by Sanjana Shivdas
News about business journalism
Adweek’s Rios departs for Polygon
Garunrangseewong joins Bloomberg as editorial producer
Bloomberg taps Tobin as full-time reporter
The Logic hires two new reporters
Guardian hires WSJ’s Chang as senior data reporter
Bloomberg News makes changes to US health team
Why Wired and Bloomberg are expanding gaming industry coverage