Some of Friday’s top business news stories:
The Associated Press
House Republicans interrogate FTC’s Khan over regulation of Big Tech, by Mary Clare Jalonick and Matt O’Brien
CNN
Mortgage rates jump higher, closing in on 7%, by Anna Bahney
A 10-day UPS strike could be the costliest in US history, by Chris Isidore
The Wall Street Journal
Twitter Starts Sharing Ad Revenue With Creators, by Lindsey Choo
EPA Launches Green Bank for Climate Funding in Low-Income Areas, by Amrith Ramkumar
CNBC
Biden administration forgives $39 billion in student debt for more than 800,000 borrowers, by Annie Nova
JPMorgan Chase beats analysts’ estimates on higher rates, interest income, by Hugh Son
Reuters
Alphabet shares soar after it expands AI chatbot internationally, by Bansari Mayur Kamdar
Tumbling US dollar a boon to risk assets across the globe, by Saqib Iqbal Ahmed
News about business journalism:
SABEW Best in Business Book accepting entries
WaPo teams with Verizon, L.A. Times’ Latino launch, States Newsroom adds to West Virginia corps
‘Vulture capital’ firm Alden Global acquires San Diego Union-Tribune
Masthead Maine selling to nonprofit by end of July
Postmedia Network, Toronto Star parent end merger deal as talks fall apart
Los Angeles Times debuts ‘De Los’