Some Wednesday’s top business news stories:
Associated Press
Wells Fargo to pay $110 million to pay fake account suit, by Ken Sweet
Easing coal rules unlikely to make U.S. energy independent, by David Koenig
Bloomberg
Uber’s diversity report leaves out the most important thing, by Ellen Huet and Carol Hymowitz
Tesla deposits Tencent in the bank, by Liam Denning
Fortune
NBC is finally ditching tape delays for the Olympics, by Tom Huddleston Jr.
Fox News just had the best quarter in cable news history, by Matthew Ingram
Reuters
GM rebuffs two-class share plan from Einhorn’s Greenlight Capital, by Svea Herbst-Bayliss and Nick Carey
BlackRock cuts fees and jobs; stockpicking goes high tech, by Trevor Hunnicutt
News about business journalism
WSJ names Karmin its markets editor
Vox hires economics, health care reporters
WSJ staffers concerned paper is being run by white men
Fox Business tops CNBC in first quarter
Number of Bloomberg terminal users shrank in 2016
Cheddar to provide biz news updates for Weather Channel
CNBC hires Snyder as leadership editor for Make It
Guerrera joins Dow Jones Media Group as head of Europe
In praise of tech journalism legend Walt Mossberg
This date in business journalism
