Some of Wednesday’s top business news stories:
The Wall Street Journal
Office Depot reports weaker-than-expected profit, revenue, by Joshua Jamerson
United Technologies CEO says Honeywell merger ‘ain’t going to happen,’ by Ted Mann
Bloomberg
Bill Gates ‘disappointed’ by reports he backs FBI over Apple, by Jing Cao
Saudi Arabia won’t cut crude output, oil minister Al-Naimi says, by Javier Blas and Margot Habiby
The Associated Press
Macy’s 4Q profit slumps, but signs of hope emerge in 2016, by Anne D’Innocenzio
Consumer confidence falls to 92.2 in February, by Martin Crutsinger
Reuters
Mars recalls candy in 55 countries after plastic found, by Maria Sheahan, Hans Seidenstuecker, Martinne Geller and Thomas Escritt
Time Inc. explores bid for Yahoo’s core business: source, by Jessica Toonkel and Sai Sachin R.
Quartz
Home Depot just notched its best quarter since Superstorm Sandy, by Matt Phillips
Amazon has quietly launched its own clothing lines, as it tries to take over fashion retail, by Marc Bain
News about business journalism:
Health care site STAT is the envy of others
Real estate site Curbed relaunches
Dallas Morning News hires economy writer
Bloomberg TV Canada launches “Bloomberg North” show
Hughes to join Bloomberg Gadfly
NY Times names three David Carr fellows
Forbes Africa reporter receives U.S. fellowship
Beucke named LA Times deputy biz editor
This date in business journalism history:
2014: Biz reporter on why New York is so attractive
2015: How Bartiromo decided on a career in business journalism
Business journalism birthdays:
Feb. 24: Matt Zeitlin with BuzzFeed
Feb. 24: Ritchie King with Quartz
Feb. 24: Bob Pisani with CNBC
Feb. 24: Kate Kelly with CNBC
