Some of Friday’s top business news stories:
From eggs to electronics to used cars, consumer inflation eased its grip on US households in July, by Paul Wiseman
Big fashion is getting bigger. Parent of Coach will buy Versace owner Capri in $8.5 billion deal, by Michelle Chapman
Consumer prices rose by 3.2% annually in July, picking up for the first time in 13 months, by Alicia Wallace
X is ‘close to breakeven’ says CEO Linda Yaccarino, by Clare Duffy
Amazon Cuts Dozens of House Brands as It Battles Costs, Regulators, by Dana Mattioli
Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround, by Patrick Coffee
Disney wants sports leagues as ESPN partners, but it’s not clear sports leagues want ESPN, by Alex Sherman and Lillian Rizzo
The average Manhattan rent just hit a new record of $5,588 a month, by Robert Frank
UK retailer Wilko collapses, putting 12,500 jobs at risk, by James Davey and Muvija M
US inflation cooling as consumer prices rise moderately again, by Lucia Mutikani
Arnold named assistant biz editor at Dallas Morning News
Wired hires Drummond as next editor in chief
Modern Healthcare seeks a deputy editor
Bisnow hires Wangman as Chicago commercial real estate reporter
KERA News acquires Texas community newspaper
Disarray and discontent at Forbes
Reorg hires Haley to cover leveraged finance
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…