Some of Friday’s top business news stories:
Associated Press
Middle class shrinks in 9 of 10 U.S. cities as income falls, by Christopher S. Rugaber
Nordstrom shares tumble on slashed annual outlook, weak 1Q, by Anne D’Innocenzio
Bloomberg
Bayer exploring bid for $40 billion for Monsanto, by Ruth David, Aaron Kirchfield and Dinesh Nair
JBS calls time on real big short that earned it $3 billion, by Gerson Freitas Jr.
MarketWatch.com
Deutsche Bank thinks this is the biggest threat to the economy, by Sue Chang
Wall Street under fire from Hollywood in new Jodie Foster-directed film, by Trey Williams
Reuters
U.S. jobless claims hit 14-month high; analysts blame Verizon strike, by Lucia Mutikani
DoubleLine’s Gundlach sees “some rebellion” from Fed hawks, by Jennifer Ablan
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The date in business journalism