Some of Thursday’s top business news stories:
Associated Press
California regulators target web ads for illegal pot shops, by Michael R. Blood
Small business dilemma: Raise prices or absorb inflation? by Joyce Rosenberg
Bloomberg
Tesla bonds are in free fall, by Molly Smith
Amazon loses $53 billion in market value, becomes FAANG’s biggest loser, by Elena Popina and Kamaron Leach
Fortune
VW unveils a pickup truck concept for Americans, by Kirsten Korosec
T-Mobile contest will back teenagers who want to change the world, by Aaron Pressman
Reuters
Wall Street closes lower in rocky session on Amazon losses, by Stephen Culp
Facebook tweaks privacy rules to ease discontent over data leak, by Julia Fioretti
News about business journalism
New editors named for risk arb and New York at Dealreporter/Mergermarket
FT and Economist hired Cambridge Analytica to get U.S. readers
Hooper promoted to LA editor for Dealreporter/Mergermarket
Barron’s hires two new writers: Klein and Liu
Business Insider parent launches new ad campaign
Recode’s Swisher on the difficulty of the events business
Bloomberg expands TicToc into Asia
This date in business journalism
2013: WSJ pulls article from website after error
2008: South Florida CEO magazine sold to North Carolina biz magazine publisher
