Some of Friday’s top business stories:
The New York Times
Profit at Ford Motor plunges 39%, by Bill Vlasic
Amazon’s shrinking profit sets off a seismic shock to its sinking shares, by James B. Stewart
The Wall Street Journal
Clashes over power threaten $35 billion ad agency merger, by Suzanne Vranica and Ruth Bender
Cotton’s crown threatened by manmade fibers, by Alexandra Wexler
Reuters
U.S. alleges insider trading in eBay deal, by Jonathan Stempel and Sarah N. Lynch
The Associated Press
A fading middle-class perk: lower mortgage rates, by Josh Boak
Quartz
Putin may dismiss sanctions, but he can’t ignore stagflation, by Jason Karaian
Today in business journalism
TheStreet to pay Cramer $2.5 million in royalties in 2014
Puget Sound Biz Journal redesign due to large increase in online visitors
O’Kelley to take over Bloomberg’s D.C. operations
NYT’s Morgenson talks about covering Wall Street
Housing is still hurting the economy
This date in business journalism history
2006: Lawsuit accuses PC World of inflating circulation
2008: WSJ editorial oversight committee failed in first test
Business journalism birthdays:
April 25: Morgan Brennan of CNBC
April 25: Henry Unger of Atlanta Journal-Constitution
April 25: Phil LeBeau of CNBC
