Some of Friday’s top business news stories:
Associated Press
SoftBank sets up $108B investment fund, with no Saudi money, by Yuri Kageyama
House passes bipartisan budget bill with Trump support, by Andrew Taylor
CNN
Europe has joined the US on the path to more stimulus, by Charles Riley
Amazon’s streak of record profits comes to an end, by Seth Fiegerman
The Wall Street Journal
Roundup Verdict Cut to $86.7 Million From $2 Billion, by Sara Randazzo
Justice Department in Talks With States to Win Support for T-Mobile, Sprint Merger, by Drew FitzGerald
CNBC
Mattel is making a Magic 8-Ball movie with horror movie titan Blumhouse, by Sarah Whitten
Barneys begins to raise financing for potential bankruptcy, by Lauren Hirsch
Reuters
Twitter beats on revenue, sees rise in daily users viewing ads, by Elizabeth Culliford
Huawei rolls out 5G phone and flags first Hongmeng device, by Sijia Jiang
News about business journalism
Iowa business paper hires Barske as associate editor
How artificial intelligence from Quartz helped reporters with the Mauritius Leaks
