Some of Wednesday’s top business news stories:
Associated Press
Google’s Q1 ad sales surge 32%, Alphabet profit doubles, by Michael Liedtke
Biden signs $15 minimum wage for federal contract workers, by Josh Boak
CNN
Elizabeth Warren: US taxes are rigged in favor of Amazon, Netflix and other big companies, by Matt Egan
Wall Street’s losses on Archegos just topped $10 billion, by Charles Riley
The Wall Street Journal
Microsoft Sales Show Strong Growth in Gaming, Cloud, by Aaron Tilley
Apple’s Privacy Changes Are Poised to Boost Its Ad Products, by Patience Haggin
CNBC
Starbucks shares fall despite higher forecast as investors worry about international growth, by Amelia Lucas
Auto lobby seeks update to federal car safety standards following Tesla crashes, by Michael Wayland, Lora Kolodny
Reuters
Ethereum jumps to record high on report of EIB digital bond issuance, by Kevin Buckland, Gertrude Chavez-Dreyfuss, Stephen Culp
Visa emerging from pandemic ‘storm’ as spending volumes recover, by Noor Hussain
News about business journalism
CNN Business launches investigation into how female staffers are treated
Reporter Garsd Garcia departing “Marketplace”
Reuters reporter Whitesides set to retire
Bloomberg names Coniam its Dublin bureau chief
How Insider measures the performance of its reporters
Reuters launches video news channel in Europe
BBC welcomes back Chu as economics editor