Some of Wednesday’s top business news stories:
Associated Press
Kaepernick stirs new controversy for Nike, by Alexandra Olson
Former Chrysler CEO Lee Iacocca has died at age 94, by Tom Krisher, Dee-Ann Durbin
Bloomberg
Grim Earnings Forecasts Are Getting Worse by the Week, by Sarah Ponczek
Trump Picks Two Fed Nominees Likely to Support Easier Policy, by Josh Wingrove, Rich Miller
Fortune
Big Tech’s Newest Foe in Congress Isn’t Afraid to Punch Up, by Matt O’Brien
Trump Posts $105 Million Second-Quarter Haul, by Brian Slodysko
Reuters
U.S. judge to slash $80 million Roundup jury verdict: court hearing, by Tina Bellon
U.S. June sales a mixed bag for automakers; SUVs, trucks still strong, by Nick Carey, Ankit Ajmera
News about Business Journalism
Reporters take new helms at the Wall Street Journal
Debtwire welcomes Eva Llorens-Velez
Bloomberg hires Fioretti from Reuters
Sahil Patel, senior reporter at Digiday, joins WSJ
Kirsh, president of media at ALM, leaving company
NY Times deputy biz editor to become its Asia editor
National real estate journalism contest winners announced
This date in business journalism