Some of Thursday’s top business news stories:
Associated Press
Fed’s surprise message: June hike likely if economy improves, by Martin Crutsinger
Study finds high rate of repossessions in auto title loans, by Ken Sweet
Bloomberg
Tesla to sell $1.4 billion in shares to expand production, by Dana Hull and Alex Barinka
How Valeant gave itself extra time to file delayed financials, by Michelle Davis
MarketWatch.com
Gap CEO says he would sell merchandise on Amazon, by Khadeeja Safdar
MGT Capital’s stock takes a wild and crazy ride in active trade, by Tomi Kilgore
Reuters
More than 25,000 Madoff victims now eligible for $4 billion fund, by Jonathan Stempel
Viacom’s board votes to stop paying Redstone, by Natalie Grover and Jessica Toonkel
News about business journalism
Reuters wins business journalism award from Silurians
The problem with traditional biz media sites
Krolicki named regional Americas editor at Reuters
Rochkind, former DC/London bureau chief, dies at 57
The date in business journalism
2008: Thomson Reuters to cut 140 news jobs
2011: Judge recommends in favor of Dow Jones in Medicare records case
business journalism birthdays
May 19: Ken Bensinger of BuzzFeed
May 19: Mark Kass of the Milwaukee Business Journal