Some of Friday’s top business news stories:
The Wall Street Journal
Verizon swings to a profit, by Chelsey Dulaney
ECB’s Mario Draghi hints at more stimulus in March, by Paul Hannon and Todd Buell
Bloomberg
Short sellers making an even bigger killing than you think, by Camila Russo
IBM said to pay $130 million to acquire video startup Ustream, by Jing Cao
The Associated Press
After tough holiday season, small retailers are strategizing, by Joyce M. Rosenberg
Average U.S. rate on 30-year mortgage falls to 3.81 percent
Reuters
ECB’s Draghi eyes March policy review as economic risks grow, by Francesco Canepa and John O’Donnell
Rise in U.S. jobless claims spurs labor market worries, by Lucia Mutikani
Quartz
China’s spending on high-in stuff is in decline, by Marc Bain
Alphabet is within arm’s reach of overtaking Apple as the world’s most valuable company, by Alice Truong
News about business journalism:
Inc. records most profitable year
Business Insider to launch in Scandinavia
Seattle biz journal hires health/retail reporter
Bloomberg gets hearing to contest judge’s order
Remembering consumer writer Mitch Lipka
This date in business journalism history:
2010: Ritholtz: WSJ is no longer a must-read for investors
2015: A look inside Consumer Reports
Business journalism birthdays:
Jan. 22: Sean Sposito with the San Francisco Chronicle