Media Moves and News

Talking Biz News Today — May 12, 2020

May 12, 2020

Posted by Irina Slav

Some of Tuesday’s top business news stories:

Associated Press

Virus unleashes wave of fraud in US amid fear and scarcity, by Ben Fox, Alan Suderman

Bulging deficits may threaten prized Pentagon arms projects, by Robert Burns

CNN

Tesla and Elon Musk reopen California facility, defying orders meant to stem coronavirus spread, by Brian Fung

Airlines say massive job cuts are inevitable after bailout money dries up, by Chris Isidore

The Wall Street Journal

Why the Economic Recovery Will Be More of a ‘Swoosh’ Than V-Shaped, by Paul Hannon, Saabira Chaudhuri

Shale-Drilling Pioneer Chesapeake Energy Warns Its Future Is in Peril, by Rebecca Elliott

CNBC

The biggest US mall owner plans to have 50% of its centers reopened this week, by Lauren Thomas

Marriott CFO expects regional business to pick up first as states relax coronavirus restrictions, by Seema Mody

Reuters

U.S. auto industry workers return to jobs amid concerns of second virus wave, by Ben Klayman

Hyatt to lay off 1,300 employees as pandemic cripples travel, by Rama Venkat

News about business journalism

Columbian eliminates biz page, Sunday business section

Bloomberg Industry union wins arbitration against company

San Fran Chronicle biz editor Owen Thomas talks covering COVID-19

Bosworth joins WSJ’s Off Duty as assistant fashion editor

Wallender named investigative reporter at Bloomberg Law

Crain’s Cleveland editor: Why we’re adding to our staff

Business Insider’s property reporter Shennan selected for U.K property press awards

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