Some of Wednesday’s top business news stories:
Associated Press
Losses for hospitals, drugmakers pull stocks lower, by Marley Jay
What the new Republican health care plan means for you, by Tom Murphy
Bloomberg
Apollo seeks $20 billion by May for new buyout fund, by Melissa Mittelman and Sabrina Willmer
Snap shares fall for a second day, by Drew Singer and Gregory Calderone
Fortune
This money manager just promised to pressure 3,500 companies over gender equity, by Lucinda Shen
Disney’s new “Beauty and the Beast” could break box office records, by Tom Huddleston Jr.
Reuters
Fed to make sequential hikes until “something breaks”: Gundlach, by Jennifer Ablan
Uber seeks chief operating officer to temper CEO, by Heather Somerville
News about business journalism
Consumer Reports hires former Detroit Free Press biz editor
Reuters Breakingviews makes three new hires
“Panama Papers” wins Scripps Howard business journalism award
WSJ video journalist Scheffler joins NY Times
How WSJ’s Mattioli broke the Precision Castparts deal story
Forbes rolls out new mobile site with faster download
Quartz names Karaian its global finance/economics editor
The date in business journalism