Some of Wednesday’s top business news stories:
Associated Press
Overtime pay may become reality for more U.S. workers, by Christopher Rugaber
Startups want to put self-driving big rigs on U.S. highways, by Michael Liedtke
Bloomberg
The tiny Cayman Island holding $265 billion in Treasuries, by Andrea Wong and Alexandra Scaggs
Good news is bad for U.S. stock traders as Fed obsession returns, by Dani Burger and Anna-Louise Jackson
MarketWatch.com
Insurance company sues Feds, says it’s owed $223 million under Obamacare, by Anna Wilde Mathews
China consumers are finally spending like Americans, by Michael Brush
Reuters
Companies forced to rethink U.S. high court class action strategy, by Lawrence Hurley
U.S. extends GM safety oversight for another year, by David Shepardson
News about business journalism
Reuters to build new editorial hub outside of London
Huffington wants to find leaker of email about its Uber coverage
MarketWatch.com hires general manager
Turning off the financial news addiction
The date in business journalism
2007: Apple iPhone story should have been stopped
2010: Getting around the WSJ.com paywall
Business journalism birthdays
May 18: Susan Antilla of TheStreet
May 18: David Allison of the Atlanta Business Chronicle
May 18: Brian Bremner of Bloomberg
May 18: Derek Thompson of The Atlantic