Some of Wednesday’s top business news stories:
The Wall Street Journal
Viacom CEO defends his leadership, by Keach Hagey and Lisa Beilfuss
Coke results top expectations on volume, pricing growth, by Chelsey Dulaney
Bloomberg
Is the Oprah effect starting to show up in Weight Watchers results?, by Nick Turner
As if Shkreli needed more trouble, Wu-Tang artist sues him, by Bob Van Voris
The Associated Press
After challenging holiday, Sears to speed up closing stores, by Michelle Chapman and Anne D’Innocenzio
Global volume up for Coke, though Diet Coke fizzles
Reuters
Goldman CEO eyes more cost cuts amid global growth concerns, by Olivia Oran
U.S. wholesale inventories, sales fall in December, by Lucia Mutikani
Quartz
Red Lobster sales jumped 30% thanks to a Beyoncé lyric about eating there after sex, by Kate Groetzinger
These 14 private startups now have higher valuations than Twitter, by Ian Kar
News about business journalism:
Canadian Business magazine may close
AP names Keller to its markets team
Quartz moving HQ to accommodate more staff
How Bloomberg has covered Bloomberg, so far
Sacramento Business Journal editor resigns
Bloomberg Media CEO Smith marks a year of digital growth
FT names new weekend editor, news editor
Bloomberg grapples with covering Bloomberg
This date in business journalism history:
2013: The business of covering the media business
2011: Maria Bartiromo talks about success and mentors
Business journalism birthdays:
Feb. 10: Jim Cramer of CNBC and TheStreet.com
Take TBN’s 2016 salary survey of business journalists HERE.