Some of Wednesday’s top business news stories:
Associated Press
U.S. stocks have biggest drop since August, led by health care, by Alex Veiga
Pfizer, riding tax change, puts up huge 4Q profit, by Linda A. Johnson
Bloomberg
U.S. probes Apple over updates that slow older iPhones, by Tom Schoenberg, Matt Robinson and Matt Gurman
U.S. regulators subpoena crypto exchange Bitfinex, Tether, by Matthew Leising
Fortune
McDonald’s is showing no signs of slowing down, by Phil Wahba
Seattle and Las Vegas are the hottest real estate markets in the country right now, by Chris Morris
Reuters
#MeToo movement puts pressure on banks to disclose diversity data, by Ross Kerber
Soaring agave prices give Mexican tequila makers a headache, by Lizbeth Diaz and Sharay Angulo
News about business journalism
How a Minneapolis biz news desk is covering the Super Bowl
Thomson Reuters agrees to deal with group led by Blackstone
Blackstone agrees to annual $325 million payment to Reuters News
St. Louis daily hires Feldt as business reporter
Layton, former Pioneer Press biz editor, dies at 70
Barron’s names Rose its executive editor; names MEs, other editors
Reuters parent in talks to sell big division
This date in business journalism