Talking Biz News Today — Feb. 25, 2020

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

Zhang set to join FT covering the presidential election