Some Wednesday’s top business news stories:
Associated Press
Retail funk: Stores face biggest challenge since recession, by Anne D’Innocenzio
Remember “Avatar”? Disney sure hopes you do, by Mae Anderson
Bloomberg
Billionaire Carl Icahn loses $179 million on Hertz double down, by David Welch
Wal-Mart close to resolving bribery probe for $300 million, by Tom Schoenberg
Fortune
Trump administration says GDP won’t rise above 3% this year, by Alana Anderson
Here’s what a Facebook share is worth to publishers, by Matthew Ingram
Reuters
ESPN concerns drag on Disney, shares dip, by Lisa Richwine and Rishika Sadam
Abercrombie & Fitch fields takeover interest, by Lauren Hirsch and Greg Roumeliotis
News about business journalism
Coal company files defamation suit against NY Times
WSJ parent reports better-than-expected earnings
Fortune launching education program with UNC biz school
WSJ hires Carduff as its books editor
TheStreet reports lower loss after cutting expenses
Mossberg talks about why tech reporting needs to be easy
This date in business journalism