Some of Thursday’s top business news stories:
The Wall Street Journal
Lego struggles to build up supplies in time for holidays, by Saabira Chaudhuri
Alibaba smashes Singles’ Day record; Sales hit $14.3 billion, by Gillian Wong
Quartz
Macy’s said its revenues are going to be absolutely terrible this year, by Melvin Backman
Finally, a large U.S. restaurant chain is trying to get rid of tipping, by Deena Shanker
Bloomberg
Daily fantasy sports website DailyMVP ceases New York operations, by Eben Novy-Williams
Ackman answers Munger’s Valeant critique by faulting Coke, by Noah Buhayar and Sonali Basak
The Associated Press
Holiday car deals move earlier: 4 things to consider, by Tom Krisher
Kroger to buy Roundy’s for $178 million to expand in Midwest
Reuters
Fed ‘liftoff’ in December: no shock, but may be market rocket fuel, by Jamie McGeever
Macy’s says no to REIT, cuts full-year forecast, by Nandita Bose and Sruthi Ramakrishnan
News about business journalism:
Ailes praises Fox Business for debate
Reuters ME moving to New York ahead of retirement
International Biz Times to expand video content
Boston Business Journal names new publisher
New private equity reporter named at Reuters
This date in business journalism history:
2011: Business journalism is an adversarial role
2014: Coverage: Regulating the Internet
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