Some of Wednesday’s top business news stories:
Associated Press
Daimler: Shift to electric cars non-negotiable despite virus
Federal Reserve likely to pledge support for ailing economy, by Christopher Rugaber
CNN
White House economist: Unemployment could hit 20% by June, by Matt Egan
Ford warns its losses are growing, by Chris Isidore
The Wall Street Journal
Trump Takes Executive Action to Keep Meat-Processing Plants Open, by Andrew Restuccia, Jacob Binge
Google Revenue Climbs, but Company Warns of ‘Tale of Two Quarters’, by Rob Copeland
CNBC
Barclays reports a 42% fall in profit and takes a $2.6 billion credit impairment charge on coronavirus, by Elliot Smith
Best Buy will start to reopen to customers with appointments for in-store consultations, by Melissa Repko
Reuters
Toilet paper trophy hunters on a roll as U.S. shortages start easing, by Martinne Geller, Lisa Baertlein
Coming U.S. shale results will test extent of oil hedges, output cuts, by Arathy S Nair, Arunima Kumar
News about business journalism
Fortune CEO Murray declines request for additional severance
KC Biz Journal hires Friestad to cover commercial real estate
Swisher to leave “Recode Decode” for NY Times podcast
WSJ makes moves in digital experience and strategy unit
Houston Chronicle appoints Drane as biz reporter
Tech journalist Pullen is departing Fortune
Worcester Biz Journal hires Busch as digital reporter
Warnes joining WSJ as strategy editor
Some WSJ interns to delay until the fall, 2021
Crain’s New York hires Sachmechi to cover commercial real estate
Law360 hires Arciga as new reporter
The Intercept hires Hvistendahl to cover tech, national security and China
TechCrunch’s Constine joins VC firm as principal investor and head of content
