Some of Wednesday’s top business news stories:
Associated Press
US consumer prices surge in June by the most since 2008, by Christopher Rugaber
EU to unveil tough climate rules, with tax on foreign firms
CNN
JPMorgan’s profit spikes 155% as US economy booms, by Matt Egan
VW hopes its electric bus can drive huge sales growth in the US, by Peter Valdes-Dapena
The Wall Street Journal
Chip Shortage Has Spawned a Surplus of Fraudsters and Fake Parts, by Stephanie Yang
Customers Are Back at Restaurants and Bars, but Workers Have Moved On, by Heather Haddon, Te-Ping Chen, Lauren Weber
CNBC
‘New York is back’ — broker says the city’s real estate market is heating up at all levels, by Pia Singh
American Airlines shares rise on carrier’s better second-quarter forecast, by Leslie Josephs
Reuters
U.S. Senate Democrats agree to $3.5 trln for budget reconciliation bill, by Richard Cowan, Susan Cornwell
Goldman Sachs eyes deal windfall as earnings smash forecasts, by Noor Zainab Hussain, Matt Scuffham
News about business journalism
Boston Biz Journal hires Solis as digital editor
Insider promotes Peng to president
Washington Post hires Merrill as technology data journalist
Bloomberg’s Doherty to cover Bank of America
Gliadkovskaya joining FierceHealth as a staff writer
Indianapolis Biz Journal reporter Schoettle departs
Houston Biz Journal hires Mehrtens to cover restaurants, retail
Gizmodo Australia editor Jones set to depart
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