Some of Wednesday’s top business news stories:
The Wall Street Journal
What Saudi Arabia’s freeze means for oil prices, by Helen Thomas
Apollo Global Management strikes $6.93 billion deal to buy ADT, by Dana Mattioli, Dana Cimilluca and Lisa Beilfuss
Bloomberg
Groupon soars again, this time after Alibaba’s 5.6% stake, by Olga Kharif and Spencer Soper
Goldman Sachs: More and more people who use Airbnb don’t want to go back to hotels, by Julie Verhage
The Associated Press
U.S. homebuilder sentiment slips in February, by Alex Veiga
The big uh-oh: Global economy shaky and calvary may not come, by David McHugh and Paul Wiseman
Reuters
Jobs in U.S. aerospace, defense sector seen up 3.2 percent in 2016, by Andrea Shalal
Fed to hike twice in 2016, undeterred by external risks: Reuters poll, by Aaradhana Ramesh
Quartz
Google’s plan to get the next billion Indians online: Bring out the Wi-Fi, by Madhura Karnik
Americans may think they’ll never, ever buy electric SUVs or pickups–but they will, by Steve LeVine
News about business journalism:
Colorado paper adds standalone business section
How Inc. magazine is growing readership and revenue
Edmonton paper names new biz reporter
Yahoo Finance will live stream Berkshire Hathaway annual meeting
Bloomberg will run just fine without Bloomberg
CNNMoney’s “war room” in London
This date in business journalism history:
2014: Covering the cybersecurity beat
2009: Tracking financial crimes in a new era
Business journalism birthdays:
Feb. 17: Richard Tofel with ProPublica
Take TBN’s 2016 salary survey of business journalists HERE.
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