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
The Indianapolis Business Journal is looking for our next news editor, a role that focuses…
Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…
Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…
The Financial Times has hired Veena Venugopal as its India newsletter editor. She has been working at…
Benjamin Parkin has been named Middle East and Africa news editor at the Financial Times, based…