Some of Friday’s top business stories:
CNBC:
NY Fed clarifies speech that market took as signal of a rate cut, by Christine Yang
What a failed Iran deal would mean for oil prices and military tensions, by Natasha Turak
Bloomberg:
France climbs above Italy on Europe’s debt mountain, by Giovanni Salzano
ECB studies revamping inflation goal in twilight of Draghi era, by Carolynn Look and Alessandro Speciale
Forbes:
France’s Bernard Arnault is now world’s second richest person, by Luisa Kroll
Boeing to book massive quarterly loss as it takes $4.9 billion charge on 737 Max fallout, by Jeremy Bogaisky
Reuters:
J.C. Penney taps debt restructuring advisers: sources, by Jessica DiNapoli
As “superstar” cities keep winning, worrisome U.S. divide widens, by Howard Schneider
CNN:
AB InBev sells Australian business after ditching huge Asian IPO, by Michelle Toh
Business groups slam House for passing $15 minimum wage bill, by Marc Rod
Chewy stock rises after release of its first results since IPO, loss narrows in line with forecast, by Lauren Hirsch
News about business journalism:
Time welcomes Grossman as president
The Financial Times selects Ellison as editor for luxury supplement
Craig Ey stepping down as editor-in-chief of Philadelphia Business Journal
Wittenberg leaves Minneapolis/St. Paul Business Journal
Entrepreneur lays off four in shift to digital
Washington Post taps Gregg to cover defense industry
Marc Tracy takes over media beat at NY Times
