Some of Tuesday’s top business news stories:
Associated Press
Gov’t relief loans to restaurant chains draw complaints, by Joyce M. Rosenberg, Dee-Ann Durbin
Oil price goes negative as demand collapses; stocks dip, by Elaine Kurtenbach
CNN
Richard Branson offers his island as collateral as Virgin Atlantic and Virgin Australia face collapse, by Hanna Ziady
IBM withdraws its full-year 2020 financial guidance due to coronavirus, by Clare Duffy
The Wall Street Journal
Facebook Puts Limits on Protest Organizers, by Georgia Wells, Andrew Restuccia
United Airlines Warns of $2.1 Billion Coronavirus-Related Loss, by Alison Sider
CNBC
Georgia governor says some businesses can reopen, California town to test every resident, by Lora Kolodny, Kevin Stankiewicz, Julia Boorstin
Restaurants describe huge shortfalls within government’s coronavirus relief programs, by Kate Rogers
Reuters
GE enters into $15 billion loan agreement, by Akanksha Rana
U.S. Treasury releases $2.9 billion in airline support, finalizes payroll agreements, by David Shepardson
News about business journalism
CNN’s Quest discloses he has coronavirus
Ingrassia named to Dow Jones Special Committee
New Orleans biz reporter Voelker dies at 89
Asian tech reporter Banjo returning to New York for Bloomberg
Bloomberg News hires Pulley as Atlanta bureau chief
Schreier joining Bloomberg News as tech reporter
The Information’s Anand to join Bloomberg Tech to cover startups/VC
D.C.-based reporter Gold leaving The Information
FT/McKinsey launch its 16th best business book competition
Reporter Dugan departs The Information
Ad Age editor Braiker departs publication
Vogt joins Politico as deputy tech and cybersecurity reporter
Reuters names Lasseter its new enterprise editor for finance and markets