Some of Monday’s top business news stories:
Associated Press
US restaurants turn to grocery sales to help offset losses, by Jim Salter
OPEC, oil nations agree to nearly 10M barrel cut amid virus, by Jon Gambrell, Ellen Knickmeyer
CNN
GM, Ford and Chrysler are in survival mode, by Chris Isidore
How bad will earnings be? Nobody really knows, by Paul R. La Monica
The Wall Street Journal
Smithfield CEO Warns of Risks to Pork Supply, by Jacob Bunge
Young Shale CEO Asks Texas to Curb Oil Output as Coronavirus Cuts Prices, by Collin Eaton
CNBC
Trump’s tariffs on China could cost the US in its fight against the coronavirus, by Audrey Cher
All gassed up and nowhere to go: Gasoline prices are at multi-year lows, but no one is driving, by Pippa Stevens
Reuters
Airlines want U.S. Treasury to scrap proposal to make some grant money repayable, by David Shepardson, Tracy Rucinski
Exclusive: JPMorgan Chase to raise mortgage borrowing standards as economic outlook darkens, by Elizabeth Dilts Marshall
News about business journalism
CNBC topped 1 billion page views in March
GeekWire cuts five staff amid pandemic
Business Insider hires Dawson as senior editor for retail
Bloomberg News hires Elkin as a reporter
Plain Dealer lays off real estate reporter Jarboe
Forbes promotes staffers to senior editors, associate editors
Reuters has hired Yasmeen Serhan as digital features editor. Serhan has been a London-based correspondent for Time…
Wall Street Journal reporter Dylan Tokar has a new beat covering financial regulation and financial crimes such…
Michael Tsang, managing editor of the markets editing hub at Bloomberg News, sent out the following…
The New York Times has hired Valentina Caval from Yahoo Finance to be a senior producer. She…
CoStar News has hired Caroline Broderick to cover Chicago residential real estate. Broderick has been editor of…
Wall Street Journal reporter Jimmy Vielkind is joining WNYC to cover New York state issues…