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
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