Some of Wednesday’s top business news stories:
Associated Press
Nissan to slash 12,500 jobs to cut costs, achieve turnaround, by Yuri Kageyama
California gets time to consider bids to take over PG&E, by Daisy Nguyen
Fortune
Smartphone Maker Xiaomi Celebrates Its Global 500 Debut By Awarding Employees $24 Million In Shares, by Eamon Barrett
Trump’s Asylum Seeker Restriction Blocked by Federal Judge
The Wall Street Journal
Samsung to Launch Foldable-Screen Phone in September, by Timothy W. Martin
Budweiser Maker Loses More Ground in U.S., by Saabira Chaudhuri
CNBC
Ford shares plunge after earnings fall short, 2019 forecast disappoints, by Emma Newburger
High-quality cars aren’t always the ones consumers want to buy, finds new JD Power study, by Paul A. Eisenstein
Reuters
China and U.S. trade negotiators to meet in Shanghai July 30-31, by Stella Qui, Kevin Yao
Exclusive: Nike explores sale of surfwear brand Hurley – sources, by Harry Brumpton, Joshua Franklin
News about business journalism
Cheddar’s Steinberg talks about sale to Altice
ProPublica Illinois hires The Real Deal’s Coryne
Narasimhan, former associate editor of The Hindu, passes away
Why one retail editor spends a lot of time reading other business news
Dow Jones receives more than $1.5 million in copyright infringement cases
Fox Business Network unveils new studio
Nelson steps down as managing editor of Investment News
Columbus Biz First reporter Bench is departing
