Some of Wednesday’s top business news stories:
Associated Press
California governor plans $4 billion for economic recovery, by Adam Beam
Trump widens US ban on Chinese apps as his term nears end, by Barbara Ortutay, Michael Liedtke
CNN
Americans are buying cars again, by Chris Isidore
Oil soars near $50 after OPEC and Russia agree to roll over production cuts, by Charles Riley
The Wall Street Journal
Gary Cohn, Former Trump Adviser, Joins IBM, by Matt Grossman
Auto Sales in 2020 Are Expected to Hit Lowest Point in Nearly a Decade, by Mike Colias
CNBC
Macy’s is shuttering 45 more locations this year, as part of its 3-year store closure plan, by Lauren Thomas
Scammers have taken $36 billion in fraudulent unemployment payments from American workers, by Greg Iacurci
Reuters
U.S. bankruptcy filings hit 35-year low thanks to government pandemic aid
Tiffany posts record holiday sales on online, China demand
News about business journalism
Two Forbes reporters to write book on Zappos founder
Bloomberg reporter Rosati moves to Brazil
Detroit News autos editor/deputy biz editor Derringer retires
LA Times launching entertainment business newsletter
Overly shifting to global trade beat at Politico
How the WSJ is trying to attract more female readers
Digiday hires McCoy as marketing reporter
Reuters journalist released in Ethiopia after 12 days
Kleimann promoted to managing editor at HousingWire
Bloomberg reporter Saul moves to renewable energy team
Bloomberg Law reporter Graham departs for Colorado
Politico taps Bade to cover international trade
Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…
Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…
In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…
Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…
Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…
Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…