OLD Media News

Talking Biz News Today — Jan. 6, 2021

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

Indianapolis Biz Journal promotes ME Weidenbener to editor

St. Pete Catalyst hires new business reporter

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