Talking Biz News Today — July 3, 2020

Some of Friday’s top business news stories:

Associated Press

US trade deficit rises 9.7% in May to $54.6 billion, by Paul Wiseman

Tesla 2Q deliveries rise over 1Q despite factory shutdown, by Tom Krisher

CNN

Unemployment rate won’t recover for the next decade, CBO projects, by Anneken Tappe

Lemonade, the online insurer, surges in Wall Street debut, by Paul R. La Monica

The Wall Street Journal

Uber Under Pressure to Beef Up Food Delivery, by Tim Higgins

Chapter 11 Business Bankruptcies Rose 26% in First Half of 2020, by Aisha Al-Muslim

CNBC

Bar owners reckon with costly stop and starts as states close them down again, by Amelia Lucas

American Airlines says it’s overstaffed by 20,000 employees for fall schedule, by Leslie Josephs

Reuters

U.S. job growth roars back, but COVID-19 resurgence threatens recovery, by Lucia Mutikani

Gap in U.S. Black and white unemployment rates is widest in five years, by Jonelle Marte

News about business journalism

VCs attack coverage, NY Times reporter Lorenz

Reuters plans to put many articles behind a paywall

Financial Times launches energy newsletter

How Sportico was created and launched during a pandemic

Bloomberg’s Schneider on her balancing act in Hong Kong