Some of Wednesday’s top business news stories:
Associated Press
$15 wage becoming a norm as employers struggle to fill jobs, by Christopher Rugaber
Robinhood IPO asks customers to play big role as investors, by Alex Veiga
CNN
Google revenue jumps 62%, fueled by demand for online advertising, by Rishi Iyengar
Higher prices could be here to stay if the Fed doesn’t act soon, by Paul R. La Monica
The Wall Street Journal
Apple Profit Sets Record on Strong iPhone Sales, by Tim Higgins
Big Pharma Quietly Pushes Back on Global Tax Deal, Citing Covid-19 Role, by Jenny Strasburg, Laura Cooper
CNBC
Walmart’s latest business: Selling its e-commerce tech to other retailers, by Courtney Reagan
UPS CEO says U.S. deliveries slowed down last quarter as economy reopened, by Tyler Clifford
Reuters
Microsoft sees steady cloud growth after record quarterly profit, by Akanksha Rana, Julia Love
Oreo maker sweetens sales outlook as emerging markets bounce back, by Aditi Sebastian
News about business journalism
Fortune hires Harty to cover finance and markets
Editorial workers at Forbes vote to join union
FT to open bureau in Hollywood
Finalists named for biz-related Emmys
NY Times biz reporter Abrams joining documentary unit
Johnson joins Citywire as a financial reporter
Bloomberg reporter Gemmell to cover UK courts
Chicago Daily Law Bulletin hires Hanis as editor
Insider hires Jones as careers reporter
Story, chief news strategist, is departing from Wall Street Journal
NY Times biz reporter named Knight Science fellow