Wednesday’s top business news stories:
The New York Times
Yellen signals continued need to keep rates low, by Nelson D. Schwartz
Reuters
Google first-quarter revenue misses Wall Street targets, by Alexei Oreskovic
IBM revenue misses estimates as hardware sales fall, by Supantha Mukherjee
Bloomberg
GM move to freeze lawsuits may cut customer payouts by billions, by Linda Sandler
BofA slides after posting loss tied to mortgage accords, by Hugh Son
Grads remaking China workforce as high-end threat to U.S., by David J. Lynch
Fortune
Unpaid interns in NYC get a few rights. Up next: a salary? by Claire Zillman
And in local news:
News & Observer
Study says NC’s immigrants have positive economic impact, by David Ranii
Chapelboro
App makes ordering dinner easier, by Jamie Nunnelly
Today in business journalism
Labor/environmental reporter Hamby to join BuzzFeed
Mossberg and Swisher talk about Re/Code founding
Obit writer leaving Wall Street Journal
GM still in the news
This date in business journalism history
2007: Wall Street Journal wins two Pulitzers
2013: WSJ starts MoneyBeat blog
Birthdays
April 16: Shelia Poole of the Atlanta Journal-Constitution
April 16: Margaret Magnarelli of Money
April 16: Andrew Sullivan of Reuters
