Some of Wednesday’s top business news stories:
Reuters
Two Fed bank presidents backed rate hike ahead of last meeting, by Howard Schneider
U.S. lawsuit against ValueAct puts mutual funds on alert, by Michael Flaherty and Ross Kerber
USA Today
American Apparel laying off 500 workers, by Chris Woodyard
Large Valeant bondholder calls for default, by Matt Krantz and Kevin McCoy
Fortune
This hedge fund billionaire just bulldozed New Jersey’s tax base, by Chris Matthews
Chick-fil-A is vastly expanding in New York, by Phil Wahba
Associated Press
Finance officials facing a chronically weak global economy, by Paul Wiseman
Demand for new Tesla is wild, but limited to tech fans, by Tom Krisher
News about business journalism:
Bloomberg Television’s Ruhle leaves for MSNBC
Bloomberg Media emphasizes quality video content, not surfing squirrels
Forbes starts podcast series aimed at young women entrepreneurs
McGraw Center seeks fellowship applications
Bloomberg Media launches joint venture in India
This date in business journalism history:
