Some of Wednesday’s top business news stories:
Associated Press
Stocks battle to a mixed finish as drugmakers rally, by Marley Jay
At a moment of uncertainty, Fed likely to leave rates alone, by Martin Crutsinger
Bloomberg
Apple sales beat estimates on demand for latest iPhones, by Alex Webb
Roche considers option for diabetes unit, including sale, by Manuel Baigorri and Ruth David
Fortune
Coach finds success in selling more expensive handbags, by Phil Wahba
Why the NFL rejected GNC’s Super Bowl commercial, by Tom Huddleston Jr.
Reuters
Warren Buffett: I bought $12 billion of stock after Trump won, by Jonathan Stempel
Exxon boosts capital budget but takes $2 billion charge from XTO deal, by Ernest Scheyder
News about business journalism
Hechler, former executive editor of ALM’s Corporate Counsel, joins new publication
Reininga named editor in chief of tech news site Vocativ
Bourdet named new editor of Gizmodo
Transgender “Marketplace” reporter fired over blog post
WSJ’s Baker: No ban on “Muslin-majority country” phrase
Reuters EIC Adler: We will report fairly and honestly
Layoffs coming to WSJ’s overseas bureaus
Mateja, who covered auto industry for Chicago Tribune, dies at 71
Bloomberg Media hires head of subscription revenue
The date in business journalism
2012: CNBC hires Wall Street Journal’s Evans
2007: Wall Street Journal examines foreign language web editions
