Some of Wednesday’s top business news stories:
The New York Times
Apple and FBI face off before Senate Judiciary Committee, by Cecilia Kang
Auto sales rose in February as consumers replace older models, by Bill Vlasic
Bloomberg
Valent CEO calls analysts, saying he needs time, by Drew Armstrong and Sasha Damouni
U.S. said to impose 266% tariffs on imports of steel from China, by Sonja Elmquist
The Associated Press
Factory activist shrinks in U.S., China in February, by Paul Wiseman
Stocks snap higher on encouraging signs from U.S. economy, by Marley Jay
Reuters
United Tech keeps to solo path as Honeywell drops bid, by Michael Flaherty and Ankit Ajmera
Former Starbucks CEO Alstead to not return from extended leave
News about business journalism:
Re/code hires BuzzFeed’s Bhuiyan to cover tech and transportation
Forbes launches tech podcast The Premise
Invest in the future of business news
Bilton leaving New York Times from Vanity Fair
WSJ hires LA Times biz reporter to cover real estate
Fox Business Network hits ratings high in February
Economist relaunching high-end magazine as 1843
Bloomberg Pursuits adds issues
This date in business journalism history:
2007: Did Matt Drudge cause the stock market to drop?
2011: Financial journalists needs to improve their economic literacy
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Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…
Members of the CoinDesk editorial team have sent a letter to the CEO of its…