Some of Wednesday’s top business news stories:
The Associated Press
Microsoft CEO Satya Nadella to defend planned takeover of game-maker Activision Blizzard in court, by Matt O’Brien
Still hiring: Big Tech layoffs give other sectors an opening, by Alexandra Olson
CNN
Americans are feeling far more confident about the economy, by Alicia Wallace
US home prices continued to rebound in April, by Anna Bahney and Alicia Wallace
The Wall Street Journal
Google Violated Its Standards in Ad Deals, Research Finds, by Patience Haggin
Ford Plans to Lay Off at Least 1,000 Contract and Salaried Workers, by Nora Eckert
CNBC
Costco cracks down on membership card sharing, by Melissa Repko
Volvo just became the latest EV maker to move to Tesla’s charging standard, by John Rosevear
Reuters
Google lays off staff at its mapping app Waze
UK’s surging shop price inflation slows in June, survey shows
News about business journalism:
Alliance of Area Business Publishers names editorial winners
Kim of Barron’s to write book on Nvidia
Barlett & Steele Awards now accepting entries
Beioley now editing on FT’s companies desk
Staton becomes deputy editor of FT’s work and careers coverage
Industry Dive lays off six editorial staffers
Young named editorial lead, Mendez community manager for ForbesBLK