OLD Media News

Talking Biz News Today — Aug. 10, 2020

Some of Monday’s top business news stories:

Associated Press

Pandemic wrecks global Class of 2020′s hopes for first job, by Kelvin Chan

Profit up 87% at Buffett’s firm, but virus slows businesses, by Josh Funk

CNN

Does BP’s conversion signal the end of Big Oil?, by Julia Horowitz

The reality of the US jobs rebound: Part-time work and less pay, by Tami Luhby

The Wall Street Journal

Tech, Financial Firms Eye Ways to Save TikTok’s U.S. Operations From Ban, by Georgia Wells, Rolfe Winkler, Cara Lombardo

Amazon and Mall Operator Look at Turning Sears, J.C. Penney Stores Into Fulfillment Centers, by Esther Fung, Sebastian Herrera

CNBC

‘We’d all be sitting in our favorite theaters’: Dire outlook for cinemas as coronavirus resurges in U.S., by Sarah Whitten

Second $1,200 stimulus checks could be coming. For many, that won’t cover the rent, by Lorie Konish, John W. Schoen

Reuters

Top U.S. mall operator Simon faces pandemic pain, by Uday Sampath Kumar, Kisa Baertlein

Coronavirus accelerates European utilities’ digital drive, by Stephen Jawkes, Christoph Steitz

News about business journalism

Biz journalist Dimond, editor of Pulitzer winner on SEC, dies at 81

Washington Post taps Bogage as business breaking news reporter

American Inno connects websites with ACBJ papers

Bloomberg News taps Trudell as Europe auto and industrial team leader

Carmel joining BoiseDev covering government, politics, and development

Higgins named WSJ’s Apple reporter

Bloomberg Media promotes four to higher positions

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