Some of Wednesday’s top business news stories:
New York Times
Drug prices keep rising despite intense criticism, by Katie Thomas
At Chobani, it’s not just the yogurt that’s now rich, by Stephanie Strom
Bloomberg
Red Rock raises $531.4 million in biggest IPO this year, by Alex Barinka
China’s media startups fight censorship crackdown, by Shai Oster
Associated Press
Senate hearing into Valeant includes hedge fund investor, by Matthew Perrone
Maybe Twitter needs to get used to being small, by Barbara Ortutay
MarketWatch
Apple hints at big acquisition to cure growth ills, by Jeremy C. Owens
Exxon Mobil’s downgrade leaves just two AAA-rated companies in U.S., by Ciara Linnane
News about business journalism:
Micklethwait: Bloomberg to expand story automation efforts
Ex-WSJ and Reuters journalist launches personal finance site
WSJ names Rose its print editor
Boston’s NPR station launches Bostonomix
This date in business journalism history:
2008: Verbs and the stock market
2012: Motley Fool bans bloggers from pharma, biotech unless they’re experts