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
Aruna Viswanatha has been promoted to Washington enterprise editor. She will report to Damian Paletta.…
Bowdeya Tweh has been promoted to Chicago bureau chief at the Wall Street Journal, reporting…
Fierce Healthcare has promoted Heather Landi to executive editor. She has been a senior editor.…
Business news site Quartz has hired Audrey McNamara as breaking news editor. In her role,…
Mark Stenberg of Adweek looks at how publishers such as Bloomberg and Axios are generating…
Reuters has won the National Headiner Award for business news coverage for its stories about…