Some of Friday’s top business news stories:
Reuters
Valeant calls in investment banks to weigh options, by Olivia Oran and Carl O’Donnell
NYC pension drops hedge funds, by Edward Krudy
USA Today
Chipotle food crisis cost company three years of earnings, by Hadley Malcolm
11 CEOs bust through the $30M-a-year barrier, by Matt Krantz
Fortune
The FDA wants pharma to ditch its archaic drug making, by Sy Mukherjee
Verizon CEO makes personal pitch to striking workers, by Aaron Pressman
Associated Press
Microsoft sues U.S. for secret demands for customer data, by Brandon Bailey
Low rates, trouble loans send bank profits lower, by Ken Sweet
News about business journalism:
Bloomberg Media reports 8 percent revenue increase in first quarter
Annual SABEW conference is in DC next month
Ex-social media editor at Reuters sentences to two years
Defense One names global business editor
Central Penn Business Journal to be sold to Gatehouse
This date in business journalism history:
2008: Greenberg to leave MarketWatch, journalism to start research firm
2010: Financial site losing subscribers due to judge’s ruling
Business journalism birthdays
April 15: Amey Stone of Barron’s
April 15: Deirdre Fernandes of The Boston Globe
