Some of Wednesday’s top business news stories:
Associated Press
Wal-Mart seeks overseas success by going native in China, by Anne D’Innocenzio and Paul Wiseman
Forget the fires: Hoverboards just want a second chance, by Ryan Nakashima
Bloomberg
Oil caps longest run of monthly advances in five years, by Mark Shenk
Staples CEO to step down following failed Office Depot deal, by Nick Turner
MarketWatch.com
Under Armour cuts sales outlook for the year, by Lisa Beilfuss
Gold selling off much like it deal before December rate hike, by Rachel Koning Beals
Reuters
U.S. consumer spending increase strongest in six years, by Lucia Mutikani
U.S. court rules $24.9 billion Dell buyout underprices by 22 percent, by Tom Hals
News about business journalism
Why gin and tonic tastes so good, and other pressing questions
Wired hires features editor, senior editor
Woodruff joins MagnifyMoney.com as executive editor
Quartz names new biz editor, new tech editor, hires travel writer
Bloomberg adds new features to Japan website
WSJ names Orwall its global sports editor
Tax Notes Today hires Sagalow as reporter
Bloomberg launches “Material World” podcast
The date in business journalism
2011: Reuters to create financial news teams in New York and London