Some of Thursday’s top business news stories:
Associated Press
China imports from US fall 19% in July amid trade war, by Joe McDonald
Lyft posts losses despite revenue growth, improves outlook, by Cathy Bussewitz
Bloomberg
Thyssenkrupp Open to Selling Divisions, Cuts Profit Outlook, by William Wilkes
Hedge Funds Turn Most Bearish Since 2016, Hone Long Stock Bets, by Lu Wang, Melissa Karsh
Fortune
Zillow ‘Offers’ is Coming Next Year to Arizona, Ohio, Oklahoma, and Florida, by Anne Sraders
Instagram Direct Is Being Rebuilt Using Facebook Messenger’s Technology, by Kurt Wagner, Sarah Frier
CNN
China has a $1 trillion trade war weapon. Will it ever use it?, by Julia Horowitz
Cash is no longer king as rates plunge around the world, by Paul R. La Monica
Reuters
Yuan edges up as PBOC signals intent to stabilise decline, by Winni Zhu, Andrew Galbraith
Salesforce to buy Israel’s ClickSoftware for $1.35 billion, by Steven Scheer
News about business journalism
Dill departs BizTimes Milwaukee
IndieWire hires six new editorial staffers, hits traffic record
Winter hired by Minneapolis/St. Paul Biz Journal as a reporter
Lisa Buyer launches Female Disruptors website
Dolan leaves Detroit Free Press for Harvard
Kathrin Jones will head finance department at Handelsblatt