Media Moves and News

Talking Biz News Today — April 29, 2020

April 29, 2020

Posted by Irina Slav

Some of Wednesday’s top business news stories:

Associated Press

Daimler: Shift to electric cars non-negotiable despite virus

Federal Reserve likely to pledge support for ailing economy, by Christopher Rugaber

CNN

White House economist: Unemployment could hit 20% by June, by Matt Egan

Ford warns its losses are growing, by Chris Isidore

The Wall Street Journal

Trump Takes Executive Action to Keep Meat-Processing Plants Open, by Andrew Restuccia, Jacob Binge

Google Revenue Climbs, but Company Warns of ‘Tale of Two Quarters’, by Rob Copeland

CNBC

Barclays reports a 42% fall in profit and takes a $2.6 billion credit impairment charge on coronavirus, by Elliot Smith

Best Buy will start to reopen to customers with appointments for in-store consultations, by Melissa Repko

Reuters

Toilet paper trophy hunters on a roll as U.S. shortages start easing, by Martinne Geller, Lisa Baertlein

Coming U.S. shale results will test extent of oil hedges, output cuts, by Arathy S Nair, Arunima Kumar

News about business journalism

Fortune CEO Murray declines request for additional severance

KC Biz Journal hires Friestad to cover commercial real estate

Swisher to leave “Recode Decode” for NY Times podcast

WSJ makes moves in digital experience and strategy unit

Houston Chronicle appoints Drane as biz reporter

Tech journalist Pullen is departing Fortune

Worcester Biz Journal hires Busch as digital reporter

Warnes joining WSJ as strategy editor

Some WSJ interns to delay until the fall, 2021

Crain’s New York hires Sachmechi to cover commercial real estate

Law360 hires Arciga as new reporter

The Intercept hires Hvistendahl to cover tech, national security and China

TechCrunch’s Constine joins VC firm as principal investor and head of content

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