Some of Friday’s top business news stories:
The Wall Street Journal
McDonald’s taps Chris Kempczinski as head of strategy, by Julie Jargon
Facebook’s free Internet access program in developing countries provokes backlash, by Newley Purnell and Resty Woro Yuniar
Business Insider
Coca-Cola to sell nine U.S. bottling plants, set up new supply system, by Anjali Athavaley
VW’s ousted CEO could walk away with $69 million, by Benjamin Zhang
Bloomberg
Caterpillar ‘bites the bullet’ as crude collapse spurs cutbacks, by Sonja Elmquist
Yellen’s ‘uncertainties’ could imperil Fed’s 2015 liftoff, by Jeanna Smialek
Reuters
U.S. business spending slips, new home sales rise in August, by Jason Lange
Lockheed says U.S. approves its $9 billion takeover of Sikorsky, by Andrea Shalal
Quartz
Grexit, the unfortunately named software startup, is changing its name, by Shelly Banjo
Wells Fargo is getting sued for mortgage discrimination–again, by Melvin Backman
News about business journalism:
Three executives leaving in Consumer Reports reorganization
Why the Economist’s Espresso doesn’t have story links
Paskin to run Bloomberg’s sports business desk
Georgia paper names new business editor
Quartz celebrates third birthday
This date in business journalism history:
2012: Quartz is a technological and structural innovator
2009: WSJ charging for content is a “no brainer”
Business journalism birthdays:
Sept. 25: Josh Tyrangiel with Bloomberg
Sept. 25: Chris Palmeri with Bloomberg