Some of Thursday’s top business news stories:
Associated Press
The stock market starts off 2019 with more turbulence, by Marley Jay
Netflix criticized for yanking comedian’s episode in Saudi, by Mark Kennedy
Bloomberg
Market’s favorite recession indicator lurches lower in new year, by Emily Barrett
Tesla sinks as price cut signals a ceiling for costly models, by Dana Hull
Fortune
Drugmakers celebrate the new year by raising prices on hundreds of drugs an average of 6.3%, by Kevin Kelleher
Blake Nordstrom, co-president of luxury department store, is dead at 58, by Brittany Shoot
Reuters
GM sold 200,000 electric vehicles in U.S., triggering tax-credit phaseout, by David Shepardson
U.S. fund investors yank most cash from stocks since February, by Trevor Hunnicutt
News about business journalism
SF Chronicle hires Narayan to cover retail and logistics
Yahoo Finance hires DeAngelis as anchor of new show
Politico hires Bermel to cover California energy
This date in business journalism
2014: Business Insider turned down $100M-plus offer
2009: Blacks and minorities need to be sold on business journalism
Business journalism birthday
Jan. 3: Bobbi Rebell Kaufman
Jan. 3: Bernadette Baum of Reuters
