Media Moves and News

Talking Biz News Today — June 2, 2020

June 2, 2020

Posted by Irina Slav

Some of Tuesday’s top business news stories:

Associated Press

Brands weigh in on national protests over police brutality, by Lindsey Bahr, Anne D’Innocenzio

CBO projects virus impact could trim GDP by $15.7 trillion, by Martin Crutsinger

CNN

Air travel is bouncing back … sort of, by Gregory Wallace

SpaceX’s Crew Dragon took flight in historic mission. What’s next?, by Jackie Wattles

The Wall Street Journal

Protests Derail Comeback Plans for Restaurants and Retailers, by Heather Haddon, Jaewon Kang

Nestlé Loses Fight With Impossible Foods Over Meatless Burger Branding, by Saabira Chaudhuri

CNBC

Stitch Fix is laying off 1,400 employees in California, and plans to hire in lower-cost U.S. cities, by Lora Kolodny

Sustainable funds are outperforming their peers during the pandemic, BNP Paribas says, by Audrey Cher

Reuters

Volkswagen closes $2.6 billion investment in self-driving startup Argo AI, by Paul Lienert

Visa sees recovery in U.S. payments volume in May, by Shradha Singh

News about business journalism

Wired editorial staffers ask Conde Nast CEO to recognize union

A depleted labor beat at a time of massive unemployment

Escher, head of audience development at TechCrunch, departs

WSJ union condemns assault on reporter

How biz publishers are tying events to subscriptions

Bloomberg Industry Group’s Black Professional Community message on trauma and stress

The Economist shuts TVC operations after 22 years

Former The Hill journalist Pecquet launches news site

Bloomberg Industry union calls for better diversity and inclusion efforts

NY Times: CNBC is considering right-wing shows

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