Some of Wednesday’s top business news stories:
Bloomberg
A bank for people who hate banks, by Stephanie Baker
We just got a look at what higher wages are costing Wal-Mart, by Shannon Pettypiece and Lauren Coleman-Lochner
The Associated Press
High-tech cars bring Detroit, Silicon Valley face to face, by Dee-Ann Durbin
No pain, no gain for stores chasing fickle shoppers, by Anne D’Innocenzio
The Wall Street Journal
Shipping growth slows at U.S. East Coast ports, by Robbie Whelan
Grad-school loan binge fans debt worries, by Josh Mitchell
The New York Times
F.D.A approves Addyi, a libido pill for women, by Andrew Pollack
Work policies may be kinder, but brutal competition isn’t, by Noam Scheiber
The Street
GM could be mulling import of Chinese-made Buick, by Doron Levin
Here are the ominous signs a crushing stock market correction looms, by James Hickman
News about business journalism:
Looking forward to expensing a pint of beer
NY Times biz desk hires Picker from Bloomberg
Reuters hires two reporters for DC, one for New York
Lessons learned from Fortune’s Carol Loomis
This date in business journalism history:
2014: Pittsburgh daily to launch standalone biz section
2010: A relentless critic in his writing
Business journalism birthdays:
Aug. 19: Mark Calvey of the San Francisco Business Times
