Some of Tuesday’s top business news stories:
Associated Press
CBS denies former CEO Les Moonves $120 million severance, by Alexandra Olson
After the Fed’s likely rate hike this week, all bets are off, by Martin Crutsinger
Bloomberg
Stock sell-off defies everything the bulls hoped would stop it, by Vildana Hajric and Sarah Ponczek
Women are on track to earn the same as men — in 202 years, by Krystal Chia
Fortune
California abandons its plan to tax text messages after FCC ruling, by Kevin Kelleher
Sprint, T-Mobile merger would mean lower wages across wireless retail, study finds, by Emily Gillespie
Reuters
J&J moves to limit impact of Reuters report on asbestos in baby powder, by Mike Spector
World stocks slide as global growth worries deepen, by Hideyuki Sano
News about business journalism
Dow Jones chief operating officer Sedgley is leaving
Muessig named biz and tech editor at LA Times
How Ostrower started The Air Current because of his existing audience
The power of kindness from Entrepreneur editor Jason Feifer
Tech journalist Mossberg says he is leaving Facebook
Fortune hires Abril to cover tech in San Francisco
Part of the WSJ website was hacked on Monday
This date in business journalism
2013: Hedge funds and the business journalists who go to work for them
2008: Fox Business readies lawsuit against Treasury
Business journalism birthday
Dec. 18: Alec McCabe of Bloomberg News
