OLD Media News

Talking Biz News Today — April 8, 2020

Some of Wednesday’s top business news stories:

Associated Press

Computer issues at SBA said to hold up small business loans, by Ken Sweet, Joyce M. Rosenberg

Twitter’s Dorsey sets up $1B fund; consumers get some breaks

CNN

WeWork sues SoftBank for bailing on $3 billion share buyout agreed to in October, by Sherisse Pham

Amazon says it may fire workers who violate social distancing guidelines, by Brian Fung

The Wall Street Journal

Truckers Cut Spending as Factory Slowdown Weighs on Operators, by Jennifer Smith

Amazon to Suspend Delivery Service That Competes With UPS, FedEx, by Paul Ziobro

CNBC

Tesla will slash employee pay and furlough employees, by Lora Kolodny

Rice prices surge to 7-year high as coronavirus sparks stockpiling, by Huileng Tan

Reuters

Trump administration seeks $250 billion more in aid for small U.S. businesses: Mnuchin, by Richard Cowan, David Lawder

Levi’s coming back to life in China as stores reopen, online sales rise, by Nivedita Balu

News about business journalism

Pennsylvania paper puts business weekly inside paper

Traffic up 250 percent for Financial Times site due to pandemic

Group editorial director Wenger departs Arizent

WSJ names Waller its deputy corporate coverage chief

Talent agency signs Recode co-founder Swisher

LA Times journalist Kim departs for WSJ

Parent of American Banker, Bond Buyer lays off 11 percent of staff

Graves, founder of Black Enterprise magazine, dies at 85

CNBC quickly adjusts to new pandemic schedule

Law360 hires Edelstone as editor

Paikert departs Financial Planning for RIABiz

Irina Slav

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