Some of Wednesday’s top business news stories:
Associated Press
Powell says economy facing growing uncertainties, by Martin Crutsinger
FedEx loses $2 billion, warns of headwinds in coming year, by David Koenig
Bloomberg
U.S. Prosecutors Join Multinational Crackdown on Insider Trading, by Franz Wild, Aaron Kirchfeld, Alan Katz
For First Time Ever, Renewables Surpass Coal in U.S. Power Mix, by Chris Martin
Fortune
Apple Watch Series 4 Outsold Every Other Smart Watch in 2018—in Just One Quarter, by Don Reisinger
Wayfair Employees Threaten Walkout Over Sales to Migrant Detention Contractor, by Tovin Lapan
Reuters
U.S. consumer confidence dives, trade tensions hurting economy, by Lucia Mutikani
Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi, by Allison Lampart, Debroop Roy
News about Business Journalism
Sottek, Havlak promoted at The Verge
Grisham appointed new White House press secretary
How Hunter S. Thompson encouraged someone to cover sports business
OneZero hires Mullin for biotechnology coverage
Morris joins Fortune as staff writer
Longtime Consumer Reports staffer Fox has departed
ACBJ’s papers are combining two Friday email newsletters
This date in business journalism
2017: Former CNNMoney exec editor Haris resigns after Russia story