Some of Thursday’s top business news stories:
The New York Times
Federal Reserve won’t raise interest rates before June, at earliest, by Binyamin Appelbaum
Facebook sales beat forecasts, but expenses increase even faster, by Vindu Goel
The Wall Street Journal
McDonald’s CEO is out as sales decline, by Jason Dean, Ilan Brat and Annie Gasparro
Alibaba’s revenue growth disappoints, by Juro Osawa
Bloomberg
Jobless claims in U.S. plunge to 15-year low in holiday week, by Bloomberg News
Shell cuts $15 billion of spending as profit misses expectations, by Tara Patel
Reuters
Time Warner Cable continues to lose video subscribers, by Subrat Patnaik
Ford profit beats estimates, but European outlook worsens, by Bernie Woodall and Ben Klayman
News about business journalism
Shafer: Bloomberg Business won’t change my reading habits
Bloomberg’s note to staff about new site launch
Reuters reporter Apps to run think tank
Real estate reporting contest seeks entries
Bloomberg to add additional sites for markets, technology, pursuits
This date in business journalism history