Some of Thursday’s top business news stories:
Associated Press
California 1st to set quota limits for retailers like Amazon, by Don Thompson
After Northeast flooding, insurance woes swamp residents, by Bobby Caina Calvan, David Porter
CNN
US default would wipe out nearly 6 million jobs, Moody’s says, by Matt Egan
Apple denies Fortnite a return to the App Store, by Rishi Iyengar
The Wall Street Journal
Most of $9.2 Billion in Questionable Medicare Payments Went to 20 Insurers, Investigators Say, by Anna Wilde Mathews
Workplace Automation Bots Gain Clout Amid Covid-19 Pandemic, by Angus Loten
CNBC
Chip shortage expected to cost auto industry $210 billion in revenue in 2021, by Michael Wayland
Google’s $2.1 billion office building deal is latest sign of Big Tech’s muscle in Manhattan market, by Robert Frank
Reuters
Investors look ahead to rate hikes with Fed tapering plan all but certain, by David Randall
Tesla pushes U.S. to boost fuel economy penalties, by David Shepardson
News about business journalism
Energy reporter Kumar departs Reuters
How Insider reporter Taylor broke the Brandy Melville story
Apple CEO Cook: Staffers who leak memos to reporters don’t belong
Forbes hires McGregor as a senior editor
Bloomberg taps Ely as social ME for digital
Fintech Futures appoints Pugh reporter
Financial Times launches new ad campaign
Star Tribune biz reporter Painter moving into editing role
“What’s News?” daily podcast host Stewart leaving WSJ
Pulitzer winner Burton retiring from WSJ
Crain’s Cleveland reporter Kreps is leaving for marketing job