Some of Tuesday’s top business news stories:
The New York Times
The American middle class is no longer the world’s richest, by David Leonhardt and Kevin Quealy
Ackman and Valeant bid $45.6 billion for Botox maker, by Michael J. de la Merced
The Wall Street Journal
Inside Nike’s struggle to balance cost and worker safety in Bangladesh, by Shelly Banjo
Comcast profit rises 30% on video subscriber additions, by Shalini Ramachandran
The Associated Press
Job market for college grads better but still weak, by Paul Wiseman
McDonald’s profit slips amid weak sales, by Candice Choi
Reuters
GM seeks U.S. court protection against ignition lawsuits, by Supriya Kurane and Arnab Sen
Novartis and GSK trade assets as pharma industry reshapes, by Caroline Copley and Paul Sandle
Businessweek
Public funding for higher ed inches up at last. Don’t expect cheaper tuition, by Karen Weise
Today in business journalism
Bloomberg Businessweek creative director leaving for MTV
Benzinga: A new brand for financial news
Quartz hires two new staffers
Covering Bank of America and using the term fraud
Ford CEO speeds up departure
This date in business journalism history
2006: New business mag launched in Massachusetts
2012: Union critical of Reuters
