Some of Wednesday’s top business news stories:
The Wall Street Journal
Walgreens agrees to buy Rite Aid for $9.4 billion, by Dana Mattioli, Michael Siconolfi and Dana Cimilluca
Apple earnings lifted by iPhone sales in China, by Daisuke Wakabayashi
Bloomberg
Twitter sales forecast misses estimates as Dorsey begins revamp, by Sarah Frier
Northrop tops Boeing-Lockheed for $80 billion U.S. bomber, by Julie Johnsson and Anthony Capaccio
The Associated Press
U.S. home values and rents defying global slowdown, by Josh Boak and Christopher S. Rugaber
Why central banks are accepting the risks of super-low rates, by Paul Wiseman
Quartz
Twitter added only 4 million new users last quarter, by Alice Truong
On Black Friday, shoppers at REI will be turned away and told to go outside instead, by Amy X. Wang
Reuters
Weak U.S. business spending plans point to slower economic growth, by Lucia Mutikani
Alibaba gets more bang for its buck as revenue growth tops forecasts, by Supantha Mukherjee Paul Carsten and John Ruwitch
News about business journalism:
MiBiz names Boomgaard its editor
Albuquerque Biz First hires reporter to cover startups
Critchlow joins Reuters Breakingviews in London
“Marketplace,” Tech Insider joining forces on “Codebreaker” podcast
Reuters starts sending web traffic data to editorial staff
Yahoo Finance hires two new staffers
This date in business journalism history:
2014: The intersection of political and business reporting gains prominence
2012: Covering the billionaire beat
Business journalism birthdays:
Oct. 28: Gail MarksJarvis
