Some of Tuesday’s top business news stories:
Associated Press
Fed’s Mester says rate cut unnecessary to offset virus risks, by Christopher Rugaber
OxyContin maker Purdue Pharma starts ad campaign for claims, by Geoff Mulvihill
Fortune
Industrial robotics giant teams up with a rising A.I. startup, by Jonathan Vanian
The party roars on: Investment professionals are confident about making money in 2020, by Polina Markova
CNN
US Supreme Court denies Apple’s bid to avoid paying $440 million damages in patent fight, by Clare Duffy
Coronavirus is fast becoming an ‘economic pandemic’, by Charles Riley
The Wall Street Journal
GE Shed About 78,000 Workers in 2019, by Thomas Gryta
HP to Buy Back $15 Billion in Stock to Battle Xerox Takeover Bid, by Maria Armental
CNBC
Disney+ just slashed the price of a yearly streaming subscription in Europe, by Lucy Handley
Amazon is opening its first full-size, cashierless grocery store. Here’s a first look inside, by Lauren Thomas
Reuters
UBS releases diversity figures for Americas staff, by Anna Irrera
U.S. Supreme Court turns away religious bias claim against Walgreens, by Andrew Chung
News about business journalism
Chicago Magazine hires Smith to cover real estate
Two WSJ reporters have left China
WSJ is launching The Experience Report
Tampa Bay Times biz reporter Martin retires
Smith of Forbes joins Sports Business Journal
U.S. weighs response to China ouster of WSJ reporters
Digiday’s Southern promoted to post of UK media editor
Biz journalist Narisetti joins McKinsey & Co.
Washington Post hires WSJ’s Dou to cover China biz and technology
