Some of Thursday’s top business news stories:
New York Times
Facebook plans new stock class to solidify Zuckerberg’s control, by Mike Isaac and Leslie Picker
Ford and Google team up to support driverless cars, by Bill Vlasic
Bloomberg
How Americans blow $1.7 trillion in retirement savings, by Ben Steverman
Ackman, Valeant offer apologies, concessions at drug hearing, by Cynthia Koons and Anna Edney
Associated Press
Fed keeps rate unchanged, no hint on timing of next hike, by Martin Crutsinger
U.S. stocks rise, shaking off tech slump, by Marley Jay
MarketWatch
This is why Apple’s iPhone sales are tanking in China, by Jennifer Booton
Twitter is in the midst of an existential crisis, by Caitlin Huston
News about business journalism:
CNBC hires Goudreau from Business Insider to be its web ME
Quartz reporter Backman joins New Yorker
Upbin, Forbes’ ME for tech coverage, leaving for Hyperloop Technologies
BuzzFeed hires tech/transportation reporter from MarketWatch.com
Latest Forbes print magazine includes video
Inside Business Insider’s European expansion
This date in business journalism history:
2008: Financial Times to start Middle East edition
2010: FT.com launches new video platform
Business journalism birthdays
April 28: Mary Childs of Financial Times
