Tuesday’s top business stories:
Bloomberg
Yellen says recovery in labor market far from complete, by Joshua Zumbrun and Jeff Kearns
Barclays cuts up to 12,000 jobs as quarterly profit falls, by Howard Mustoe and Gavin Finch
L’Oreal to pay $8.2 billion to buy back stock from Nestle, by Matthew Boyle and Andrew Roberts
New York Times
Boehner to bring debt ceiling to vote without policy attachments, by Ashley Parker and Jonathan Weisman
Modified corn a step closer to approval in Europe, by Stephen Castle
CNNMoney
House votes to restore military pensions, by Jennifer Liberto and Deirdre Walsh
Businessweek
Yes, there’s a pilot shortage: Salaries start at $21,000, by Justin Bachman
Poets & Quants
60 years later: A GMAT test with profit margins better than Apple, by John A. Byrne
Today in business journalism
Quartz is now growing its international audience
Senior graphics editor leaving WSJ
Lubove leaves Bloomberg News for Sitrick & Co.
Bloomberg widens lead over Reuters
Covering the sale of a business magazine
This date in business journalism history
2008: Economist passes 700,000 subscribers in North America
2013: WSJ launches index of influential New Yorkers