Some of Friday’s top business news stories:
Associated Press
Trump calls on Fed to make ‘substantial’ rate cuts, by Martin Crutsinger
Broadcom to buy Symantec’s enterprise business for $10.7B
Bloomberg
U.K. Economy Is Set for the Worst Quarter Since 2012, by Eddie Spence
Bayer Proposes Paying $8 Billion to Settle Roundup Cancer Claims
The Wall Street Journal
Facebook Offers News Outlets Millions of Dollars a Year to License Content, by Benjamin Mullin, Sahil Patel
Kraft Heinz Writes Down $1.2 Billion as Brands Wither, by Heather Haddon, Micah Maidenberg
CNBC
J.C. Penney faces NYSE delisting, by Jasmine Wu
US oil is likely to be China’s next target as trade war rages, energy analysts warn, by Sam Meredith
Reuters
Trade war escalation nudges U.S. closer to recession: Reuters poll, by Shrutee Sarkar
Tesla owner lawsuit claims software update fraudulently cut battery capacity, by Alexandria Sage
News about business journalism
WSJ hires Politico’s Stephenson
WSJ parent reports better-than-expected earnings
Deal for TheStreet closes, Cramer to continue
Reuters names four new editors, including finance/markets editor
WISH-TV is the new home for Inside Indiana Business
