Some of Wednesday’s top business news stories:
Associated Press
Battling bigness: Congress eyes action against monopolies, by Marcy Gordon
February retail sales fall 3% after soaring the month before, by Joseph Pisani
CNN
Sackler family agrees to pay $4.2 billion as part of plan to dissolve OxyContin maker Purdue, by Laura Ly Ramishah Maruf
Nokia is cutting up to 10,000 jobs, by Hanna Ziady
The Wall Street Journal
Toyota, Honda to Halt Some U.S. Production Over Supply Shortages, by Sean McLein
FTC Prepares to Take Tougher Stance on Pharmaceutical Mergers, by Brent Kendall, Jared S. Hopkins
CNBC
With $1 billion on the line, March Madness is ready for its comeback, by Jabari Young
Ford announces $2 billion convertible notes offering, by Michael Wayland
Reuters
Apple Inc spending from ‘green bonds’ hits $2.8 billion
More U.S. states join Texas-led antitrust lawsuit against Google, by Diane Bartz, Paresh Dave
News about business journalism
Tarpley promoted to banking and mortgages editor at Insider
Protocol hires Cox as editor on policy team
Medium launches Index, a publication about work
Business of Business hires Smythe, Delgado
Fortune staffers stage day-long work stoppage
Nayak joins FT as a data visualization reporter
AFP taps Ganguly as economics and biz correspondent