Some of Wednesday’s top business news stories:
Associated Press
From Biden to Congress, Big Tech is under mounting pressure, by Marcy Gordon
Some used vehicles now cost more than original sticker price, by Tom Krisher
CNN
Microsoft reaches a $2 trillion market cap, by Clare Duffy
Home prices in the US hit another record, but sales are slowing down, by Anna Bahney
The Wall Street Journal
Wage Gains at Factories Fall Behind Growth in Fast Food, by Austen Hufford, Nora Naughton
U.S. Airports to Receive $8 Billion to Help Pay Bills as Travel Recovers, by Alison Sider, Krystal Hur
CNBC
Morgan Stanley will bar workers without Covid vaccinations from most New York offices beginning July 12, by Dan Mangan
Amazon and Walmart dominate apparel sales, but are after more fashion clout, by Melissa Repko, Annie Palmer
Reuters
Fed will not raise rates on inflation fears alone, Powell says, by Howard Schneider, Ann Saphir
Facebook expands Shops to WhatsApp, Marketplace in commerce push, by Elizabeth Culliford
News about business journalism
FinLedger reporter Ayers departs in career switch
Protocol to launch workplace coverage, hires new staff
Benevides promoted to senior reporter at Worcester Biz Journal
Bloomberg launching newsletters around two of its biggest names
Charlotte Biz Journal reporter Fahey begins new role with ACBJ
