Some of Wednesday’s top business news stories:
Associated Press
Cambridge Analytica fights back on data scandal, by Danica Kirka
Sell-off in industrial, tech stocks sends Dow down 400, by Marley Jay
Bloomberg
Texas Instruments gives rosy sales forecast; sales jump, by Ian King
Generic-drug companies to face first charges in U.S. probe, by David McLaughlin and Drew Armstrong
Fortune
Nvidia uses AI to reconstruct damaged images, by Kacy Burdette
The heirs to music superstar Prince’s estate are suing Walgreens over his death, by Sy Mukherjee
Reuters
Apple shares drop on more warnings from iPhone supply chain, by Noel Randewich
DoubleLine’s Gundlach says U.S. Treasuries “not attractive,” by Jennifer Ablan
News about business journalism
Two biz reporters leaving amid Sacramento Bee layoffs
WSJ editing staff being asked to apply for new jobs
Tennessean hires growth and development reporter
WSJ reorganizes editing into four core groups
Puget Sound Biz Journal wins SPJ award in public service
HuffPost hires Bond as personal finance reporter
Bloomberg finalizing paywall for its main site
Vox Media hires general manager for tech sites Verge and Recode
Louisville paper hires Menderski to cover downtown development
This date in business journalism
2013: Ad agency to provide content on Fast Company site
2008: Financial Times profit expected to increase in 2008
Business journalism birthday
April 25: Morgan Brennan of CNBC
April 25: Phil LeBeau of CNBC