Here is what business journalists are focusing on Wednesday as their top stories:
Wall Street Journal top headlines:
Stocks lose ground, by Alexandra Scaggs
UPS jet crashes in Alabama, by Valerie Bauerlein
Financial Times top headlines:
Paulson agrees to buy Steinway for $512 million, by Anjli Raval
Two traders charged in London Whale case, by Kara Scannell
Bloomberg News top headlines:
Pimco says now is time to buy emerging market debt after selloff, by Ye Xie
AMR seen imperiled in U.S. shift to block airline merger, by Mary Schlangenstein, Julie Johnsson & Thomas Black
Reuters top headlines:
Germany, France help euro zone exit recession, by Martin Santa
Watsa to hold keys to a BlackBerry deal, by Euan Rocha and Greg Roumeliotis
CNNMoney top headlines:
Apple tops $500. Thanks, Carl!, by Hibah Yousef
Bill Ackman disses Starbucks CEO Howard Schultz, by Emily Jane Fox
New York Times top headlines:
BP sues U.S. over contract suspension, by Stanley Reed
FDA examining drowsy driving in the morning, by Katie Thomas
This date in business journalism:
2012: Marla Dickerson is named business editor of the Los Angeles Times. (Dickerson is still on the job.)
