Some of Wednesday’s top business news stories:
Reuters
Amazon expands Prime Now, offers U.S. alcohol for first time, by Mari Saito
Consumer confidence, housing data signal economy’s resilience, by Lucia Mutikani
The Associated Press
Ex-J.P. Morgan analyst pleads not guilty to insider trading
Despite stock fall, financial health of many is still solid, by Josh Boak
Bloomberg
Citi: The Fed will still hike in September, but there’s one big wild card ahead, by Luke Kawa
Out in the real world, oil market is much better than it looks, by Grant Smith
The New York Times
Part of the problem: stocks are expensive, by David Leonhardt
Uncertainty in the market may imperil deal-making, by Michael J. de la Merced
The Street
The worst for China’s economy may not come until 2016 – IHS, by Rhonda Schaffler
Why the China crash is bad news for manufacturers, by Tobias Burns
News about business journalism:
Fox Business Network has its highest ratings ever
Reuters TV is now free to all users
When the stock market goes berserk
Bloomberg names new head of global television
Why daily market coverage isn’t important to most consumers
Stock market coverage shows upper-class bias
This date in business journalism history:
2008: Using Twitter to find sources and examples for stories
2014: The chicken, the egg and the Quartz home page
Business journalism birthdays:
Aug. 26: Bill Barnhart
Aug. 26: Derek Hoffman with The Cheat Sheet
