Some of Thursday’s top business news stories:
Associated Press
Tesla makes $104M profit in 2Q despite factory shutdown, by Tom Krisher
US sales of existing homes jump 20% after a 3-month slump, by Josh Boak
CNN
Microsoft earnings beat forecasts, thanks to demand for remote-work tools, by Clare Duffy
Airlines appeal for coronavirus testing to restore transatlantic flights, by Eoin McSweeney
The Wall Street Journal
Chipotle’s Online Sales Surge Amid Coronavirus, by Heather Haddon
Small Businesses Brace for Prolonged Crisis, Short on Cash and Customers, by Ruth Simon, Amara Omeokwe, Gwynn Guilford
CNBC
Retail workers slammed by job cuts, pushed into new roles as coronavirus shakes their industry, by Melissa Repko Lauren Thomas
GOP considers extending unemployment benefit at reduced level of $100 a week through December, by Kayla Tausche, Jacob Pramuk
Reuters
Bounceback in U.S. shale oil output is unlikely to last the summer, by Jennifer Hiller, Devika Krishna Kumar
Who still needs the office? U.S. companies start cutting space, by David Randall
News about business journalism
American Lawyer’s Thomas hired by Reuters
Bloomberg Industry asked to repay reporter expenses for remote working
Wirecutter editor Bailie set to depart
How Bloomberg’s Venezuela bureau chief does her job
Unequal pay around gender at Business Insider, Insider
BuzzFeed tech reporter Bernstein named Nieman fellow
Forbes adding shoppable videos on its website
