Some of Wednesday’s top business news stories:
Associated Press
US factory production rebounds at fastest pace in 4 months, by Martin Crutsinger
Fed’s Powell: There’s no returning to pre-pandemic economy, by Martin Crutsinger
CNN
Companies are hoarding cash as the Delta variant takes over the globe, by Paul R. La Monica
These are the jobs that stores are having the hardest time filling, by Nathaniel Meyersohn
The Wall Street Journal
Home Depot’s Sales Growth Flattens After Year of Rapid Gains, by Matt Grossman
Wildfire Season: PG&E Blacks Out Some Customers to Reduce California Risks, by Katherine Blunt, Elena Shao
CNBC
Retail sales drop worse-than-expected 1.1% in July as rising Covid fears hit consumers, by Jeff Cox
Americans are spending $765 more a month than they did in 2020, survey finds, by Jessica Dickler
Reuters
GM workers’ historic vote in Mexico tests new trade deal, by Daina Beth Solomon
Walmart raises forecast as people return to stores; online sales slow, by Aishwarya Venugopal, Richa Naidu
News about business journalism
Forbes talking about going public at $650 million valuation
Morning Consult hires Epstein as a senior editor
Ag commodities reporter Jha leaves Bloomberg
Express.co.uk hires three on business news desk
Muirhead to cover business for the Daily Mail
Biz journalist Hughes joins Real Times Media
St. Louis Biz Journal hires Drew as reporter
