Some of Wednesday’s top business news stories:
Associated Press
Holiday season defines winners and lowers in retail, by Anne D’Innocenzio
Industrial, tech companies pull US stocks slightly lower, by Damian J. Troise and Alex Veiga
Bloomberg
Johnson & Johnson’s fast-acting depression drug approved in U.S., by Cynthia Koons
U.S. budget deficit widens 77 percent, by Katia Dmitrieva
Fortune
Target just posted its best results since 2005. Here’s how it’s winning the retail war, by Alyssa Newcomb
The video game industry is rapidly changing. The solution for “Halo”? Stay focused, by Eamon Barrett
Reuters
GE’s CEO warns of negative industry cash flow in 2019, shares drop, by Alwyn Scott and Rachit Vats
Tesla blames misprinted label for China customs hiccup, by Sonam Rai and David Stanway
News about business journalism
Sacramento Biz Journal reporter arrested covering protest
Chief people officer of Dow Jones to depart
Fortune has hired a chief technology officer
WSJ to create new newsroom departments, add three dozen new jobs
Tilak, Reuters M&A and corporate governance reporter in Canada, leaving to freelance
San Diego Biz Journal hires Marroquin as a reporter
Dorning to take over ag beat at Bloomberg
Politico hires education reporter, taps editor for pharma coverage
FT acquires controlling stake in Dutch-based tech news and events company
Reuters: 57% of new hires in 2018 were women
This date in business journalism
2014: Peck named executive business editor at Huffington Post
2009: Stewart does to CNBC what television critics have failed
Business journalism birthday
March 6: Matthew Boyle of Bloomberg News