Some of Friday’s top business news stories:
Associated Press
McDonald’s makes supersize effort to turn fading popularity, by Candice Choi
From Target, some encouraging sales news, by Anne D’Innocenzio
Bloomberg
Vanguard CEO McNabb to step down, by Charles Stein
CPI looms even larger for bond market after Yellen testimony, by Liz McCormick
Fortune
Why J.C. Penney is betting big on toys, by Phil Wahba
Hyperloop One is one step closer to reinventing transportation, by Aric Jenkins
Reuters
FanDuel, DraftKings scrap troubled merger, by Diane Bartz
U.S. attorney general urged to consider blocking AT&T deal for Time Warner, by Diane Bartz
News about business journalism
Reorg Research does not have to disclose sources, court says
Cincinnati Enquirer hires new real estate reporter
Blodget talks Business Insider as site turns 10
Rance Crain sells ownership stake to brother
This date in business journalism
2012: Former Sun-Times biz reporter Moore dies
2007: Indianapolis paper decides against cutting biz section