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
Recent changes in the stock listings in the Dallas Morning News have upset some readers,…
The Hollywood Reporter has hired Tony Maglio to be its television editor. He has been at IndieWire…
Bloomberg News is seeking a Data Visualization Reporter in Washington DC. You’ll display data-driven insights…
Law360 reporter Rachel Scharf has departed for as new opportunity. She has been covering Los Angeles…
Oliver Renick, founding anchor at the Schwab Network, has left for a new venture. Renick…
Financial Times staff writer Alexandra Scaggs has left to start The Hedge, a newsletter to cover grocery…