Some of Wednesday’s top business news stories:
The Wall Street Journal
Fed risks new distortions when it raises rates, by Katy Burne
Chipotle heads back to the test kitchen, by Julie Jargon
Bloomberg
Valeant surges on drug distribution agreement with Walgreens, by Albertina Torsoli and Caroline Chen
Fed’s historic liftoff and everything after: Decision day guide, by Jeanna Smialek
The Associated Press
U.S. consumer prices unchanged but core inflation up, by Martin Crutsinger
3M lowers full-year earnings forecast
Reuters
Steadily firming U.S. inflation supports Fed rate hike, by Lucia Mutikani
Dow, DuPont eye big tax savings in rare merger of equals, by Greg Roumeliotis and Mike Stone
TheStreet
Alibaba partners with Disney in latest big content move, by Rebecca Borison
What to watch Wednesday: Federal Reserve statement, FedEx earnings, by Scott Gamm
News about business journalism:
ICFJ offering data course on covering entrepreneurs
Crain’s Cleveland publisher placed on leave
Bloomberg hires Wilchins to oversee daily credit column
Showtime teams with Bloomberg for political show
This date in business journalism history:
2011: The heady rush of covering retail during the holiday season
2013: Contrasting Samsung and Blackberry
Business journalism birthdays:
Dec. 16: Nicholas Carlson