OLD Media News

Talking Biz News Today — April 15, 2020

Some of Wednesday’s top business news stories:

Associated Press

Major airlines line up to split $25 billion in payroll aid, by David Koenig

IMF: Global economy will suffer worst year since Depression, by Paul Wiseman, Martin Crutsinger

CNN

JPMorgan’s profit plummets 69% because of coronavirus, by Anneken Tappe, Matt Egan

Auto dealers are closed. Sales have plunged. Online sales are now the industry’s best hope, by Peter Valdes-Dapena

The Wall Street Journal

Fired Amazon Warehouse Workers Accuse Company of Retaliation, Which It Denies, by Sebastian Herrera

Coronavirus Leaves Cruise Ship Workers in Limbo: Out of a Job but Still at Sea, by Dave Sebastian, Costas Paris

CNBC

Boeing customers cancel staggering 150 Max plane orders, deepening crisis as coronavirus roils air travel, by Leslie Josephs

Retailers face another challenge during coronavirus: Handling returns, by Lauren Thomas

Reuters

U.S. may need to extend social distancing for virus until 2022, study says, by Kanishka Singh

McDonald’s and its U.S. franchisees at odds over financial relief as crisis weighed, by Hilary Russ

News about business journalism

Why Bloomberg tried to get a reporter’s spouse to sign an NDA

Fortune cuts 35 staffers; CEO Murray takes 50 percent pay cut

Coombes departs NerdWallet to become personal finance coach

Insider/Business Insider expands with two editorial hires, one promotion

CNBC names Slaman its San Francisco bureau chief

Iraq suspends Reuters for three months

Vox Media to announce furloughs in a bid to avoid layoffs

Brennan joins Politico to cover the FDA/pharma industry

WSJ names new product and news strategy leaders

Bloomberg launches entertainment vertical Screentime

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