Some of Wednesday’s top business news stories:
Associated Press
US home prices rose 2.1% from a year ago, by Josh Boak
Ad business a boon for Amazon but a turn-off for shoppers, by Joseph Pisani
CNN
Global car sales are set for a terrible year. Here’s what that means for manufacturing, by Anneken Tappe
Google’s tensions with employees reach a breaking point, by Brian Fung
The Wall Street Journal
Silicon Valley Adjusts to New Reality as $100 Billion Evaporates, by Heather Somerville
Federal Prosecutors Launch Criminal Probe of Opioid Makers, Distributors, by Corinne Ramey
Axios
Facebook’s Oculus buys VR company behind Beat Saber, by Ina Fried
Texas and Nevada exit T-Mobile-Sprint lawsuit, by Ina Fried
Reuters
BAT says U.S. vaping slowdown will lead to slower growth in e-cigarette business, by Siddharth Cavale
HP Inc beats profit estimates on higher PC sales, by Chinmay Rautmare, Sanjana Shivdas
News about business journalism
Tozzi joining The Markup as managing editor
Poynter’s leadership academy for women
CUSJ and FT parent company offering $100,000 fellowship to students
Argentieri named president of LA Times parent
Axios appoints new tech editor
