Some of Thursday’s top business news stories:
Associated Press
Virus casts a dark cloud over once-thriving home market, by Michael Casey, Alexandra Olson
Fed eases limit on Wells Fargo to make more small biz loans, by Ken Sweet
CNN
Restaurants are transforming into grocery stores because of coronavirus, by Danielle Wiener-Bronner
Millions of jobs are at risk as fashion and luxury sales fall off a cliff, by Jordan Valinsky
The Wall Street Journal
Disney+ Tops 50 Million Paid Subscribers Globally, by Maria Armental
McDonald’s Warns Of Difficult Decisions Ahead as Coronavirus Hurts Sales, by Micah Maidenberg
CNBC
Starbucks second-quarter earnings to fall 46% as coronavirus hits sales, by Amelia Lucas
Health-care businesses are seeking relief loans due to coronavirus, bank CEO says, by Jesse Pound
Reuters
U.S. weekly jobless claims seen hovering near record highs, by Lucia Mutikani
Nissan seeks $4.6 billion credit line after coronavirus hit: sources, by Naomi Tajitsu, Maki Shiraki
News about business journalism
Billboard executive editor hired by tech company to launch publication
Tasks joins Seeking Alpha as VP of contributor content
Washington Post hires AP’s Lerman to cover breaking tech news
Bankrate.com hires two mortgage reporters
How Business Insider reporter Dunn is covering the pandemic
Dow Jones CEO Lewis is leaving the company
Ken Brown of The Wall Street Journal is leaving the news organization. He is an…
Dow Jones News Fund President Brent W. Jones announced at the nonprofit journalism training organization’s…
Jillian Ward, managing editor for U.S. technology at Bloomberg News, sent the following note to…
Rick Berke, a co-founded and executive editor of STAT News, writes about the importance of…
Thomas Maxwell has joined Gizmodo as a tech reporter. He previously was at Business Insider covering…
Banking Times has acquired the domain name "The New Fiver" for an undisclosed amount, aiming…