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Talking Biz News Today — July 7, 2021

July 7, 2021

Posted by Irina Slav

Some of Wednesday’s top business news stories:

Associated Press

Pentagon cancels disputed JEDI cloud contract with Microsoft, by Robert Burns

US service sector grows, albeit slightly slower in June, by Matt Ott


Subway is making the biggest menu change in its history, by Danielle Wiener-Bronner

Universal movies will head exclusively to Peacock after playing in theaters, by Frank Pallotta

The Wall Street Journal

From Amazon to Starbucks, What Companies Paid Workers in the Pandemic, by Theo Francis, Inti Pacheco

Supermarkets Are Stockpiling Inventory as Food Costs Rise, by Jaewon Kang


Lotus unveils Emira sports car as ‘last hurrah’ before switch to EVs, by Michael Wayland

Home Depot, Lowe’s amp up focus on home pros, as consumers swap DIY projects for parties, travel, by Melissa Repko


Corporate net debt seen rising as companies spend pandemic cash piles, by Yoruk Bahceli

Solarwatt flexes muscles in home energy storage fight with Shell, Tesla, by Vera Eckert

News about business journalism

CNBC Select hires Holzhauer as personal finance reporter

Bartalos hired to be EIC of Barron’s Wealth and Asset Management Group

Barnhart, longtime Chicago Trib biz journalist, has died

TechCrunch hires Hall to cover VCs, startups

How to think about business stories in a non-traditional way

Bloomberg names leaders of German news operation

“Bloomberg Wealth” TV show debuts Tuesday

TechCrunch taps Silberling to cover social media and consumer tech

The Information hires LeVine for subscription newsletter The Electric

Reuters journalist Akwagyiram departs

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