Some of Tuesday’s top business news stories:
Associated Press
Uber, hard-hit by pandemic, sells its robot-vehicle division, by Cathy Bussewitz, Michael Liedtke
US credit card balances fall, though overall borrowing rises, by Christooher Rugaber
CNN
Investors can now trade water futures, by Anneken Tappe
Ikea is killing off its catalog after 70 years, by Jordan Valinsky
The Wall Street Journal
Companies Face New Pressures to Diversify Boards. It’s Sensitive., by Chip Cutter
Toll Brothers Reports Rise in Home Sales as Buyers Seek More Space, by Kimberly Chin
CNBC
Stitch Fix shares skyrocket more than 30% on earnings beat, upbeat outlook, by Lauren Thomas
Redfin CEO says the booming Covid housing market can get even hotter, by Kevin Stankiewicz
Reuters
Australia to make Facebook, Google pay news outlets for content, by Byron Kaye
FCC awards $9.2 billion to deploy broadband to 5.2 million U.S. homes, businesses, by David Shepardson
News about business journalism
NPR affiliate WFYI names Mahadevan its business/economy reporter
Snider named senior editor for financial advisors at US News
FT hires Jacobs to cover energy in Houston
The Plug hires Melton of Forbes as managing editor
Vox energy reporter Roberts leaves to start a newsletter
Bloomberg TV makes push on video creation
Galouchko named EMEA equities team leader at Bloomberg
Yahoo Finance’s Saloway hired by NPR’s “Morning Edition”
Bloomberg hires Burden to cover economy and trade
The Markup hires Faife as a data reporter
