Some of Wednesday’s top business news stories:
The Associated Press
Justice Dept. sue Google over digital ad dominanceby Barbara Ortutay, Eric Tucker and Frank Bajak
Microsoft reports outage for Teams, Outlook, other services
CNN
America’s biggest banks accept Apple Pay and PayPalby Chris Isidore
Microsoft’s quarterly profit falls 12%, but cloud computing business shows strongby Catherine Thorbecke
The Wall Street Journal
Rupert Murdoch withdraws proposal to merge Fox Corp and News Corpby Jeffrey A. Trachtenberg and Jessica Toonkel
Tesla Eyes $3.6 Billion Factory Expansionby Sabela Ojea
CNBC
Walmart raises minimum wage as retail labor market remains tightby Melissa Repko
Inflation is cooling down, but prices on many items will remain high for monthsby Melissa Repko and Amelia Lucas
Reuters
Amazon warehouse workers at Coventry first walkout over UK payby Muvija M
Amazon deepens healthcare push with $5 monthly subscriptionby Jeffrey Dustin and Chavi Mehta
News about business journalism:
WSJ parent halts proposed merger with Fox
CoinDesk calls Keoun his ME of technology and protocols
Bloomberg senior executive editor Collins becomes chief product and technology officer
Politico’s Mueller to cover economic policy
The Economist promotes Guest to deputy editor
Bloomberg hires Trentmann to lead credit America team
STAT News hires Lawrence to cover medical devices
Dow Jones hires Fox from Consumer Reports for Buy Side of WSJ
Business Post hires McConnell editor
Brugger to cover natural resources for E&E News
Senior editor Cohen among the Adweek layoffs
Bezos makes surprise visit to WaPo newsroom amid layoff fears
Vice News promotes McCready to APAC editor
Postmedia is going digital only for 12 Alberta papers
Vox Media to lay off 7 percent of its workforce
WaPo Charity Initiative Raises Over $400,000 for Local Charities