Some of Wednesday’s top stories:
New York Times
As refinancing wanes, banks are wary of new loans, by Peter Eavis and Jessica Silver-Greenberg
Bank of America earnings top estimates, by Michael Corkery
Reuters
Producer prices advance, but inflation still tame, by Lucia Mutikani
Business Insider
A penny stock called Nestor just surged 1900% cause people confused it with the company that Google bought, by Steven Perlberg
Bloomberg
World Bank raises growth forecasts as richest nations strengthen, by Sandrine Rastello
U.S. stocks rise amid World Bank forecast as banks rally, by Lu Wang and Callie Bost
CNBC
Apple settles with FTC over apps and kids, by Jon Fortt
Today in business journalism
Bloomberg hires Allen from Politico
Bloomberg TV Asia names Lau its lead anchor
Forbes draws interest from international bidders
San Fran tech reporter joining Re/code
Consumer spending climbs in December
This date in business journalism history
2010: FT parent considers selling financial data business
2013: Financial Times names new CFO, COO
Business journalism birthdays
Jan. 15: David Craig of USA Today
The Information has hired Financial Times reporter Sara Germano. She will start on Dec. 2 and…
The Hollywood Reporter replaced co-editor-in-chief Nekesa Mumbi Moody on Tuesday with Shirley Halperin, reports Sean Burch of…
Jim Tankersley has been named Berlin bureau chief for the New York Times. He has been…
Politico tax policy reporter Benjamin Guggenheim has been awarded the Everett McKinley Dirksen Award for…
The Economist has hired Sarah Wu as a China correspondent. She previously worked at Reuters, reporting on…
Priya Anand, a tech culture reporter at the San Francisco Standard, has left the publication…