Some of Monday’s top business news stories:
Associated Press
A flood of business bankruptcies likely in coming months, by Joyce M. Rosenberg
Publicly traded hotel firms won’t give back small-biz loans
CNN
Boeing terminates $4.2 billion deal with Embraer, by Shannon Liao
JPMorgan, Ruth’s Chris accused of cheating small businesses out of emergency loans, by Matt Egan
The Wall Street Journal
Fewer Products, Localized Production—Companies Seek Supply-Chain Solutions, by Micah Maidenberg
At Least 13 Public Companies Give Back $170 Million in Small-Business Stimulus Money. Others Say They’ll Keep It., by Inti Pacheco, Bob Davis
CNBC
Kegs are going bad as coronavirus keeps restaurants closed. Boston Beer has a solution, by Amelia Lucas
California launches meal delivery program for seniors amid coronavirus pandemic, by Hannah Miller
Reuters
U.S. economy faces historic shock, with 16% joblessness possible, Trump adviser says, by Tim Ahmann
Amazon tests screening new merchants for fraud via video calls in pandemic, by Jeffrey Dastin, Krystal Hu
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