OLD Media News

Talking Biz News Today — April 16, 2020

Some of Thursday’s top business news stories:

Associated Press

More states finally paying $600 extra in unemployment aid, by Christopher Rugaber, Susan Haigh

Tech companies step up fight against bad coronavirus info, by Amanda Seitz, Barbara Ortutay

CNN

US faces an ‘unprecedented’ decline in oil production, by Charles Riley

Apple unveils new budget iPhone, by Samantha Murphy Kelly

The Wall Street Journal

J.C. Penney Skips Bond Payment, Starting Bankruptcy Clock, by Alexander Gladstone, Suzanne Kapner

Smithfield to Close More Pork Plants Over Coronavirus Pandemic, by Jacob Bunge

CNBC

LA mayor says large gatherings likely banned until 2021, US coronavirus cases top 630,000, by Jennifer Elias, Kif Leswing, Patti Domm

Bed Bath & Beyond shares rise as earnings top estimates, retailer plans to maintain some key investments, by Lauren Thomas

Reuters

Wells Fargo, BofA and JPMorgan grant overdraft relief as stimulus checks roll in, by Imani Moise, Elizabeth Dilts Marshall

Google to slow hiring for rest of 2020, CEO tells staff, by Ayanti Bera

News about business journalism

Easton: The art of storytelling is being a good listener

Social media editor Savage among Fortune’s layoffs

FT hires Borrelli to be Milan correspondent

Financial Times cuts pay for top managers and editors by 10 percent

Gizmodo editor Bourdet to leave at the end of the month

Seattle Business Magazine temporarily suspends production

How Business Insider health care reporter Ramsey stays connected

Reuters appoints Li as its new China tech correspondent

CNBC claims No. 1 spot among biz news sites

FT’s Sardana joins Business Insider as markets reporter

Irina Slav

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