Some of Wednesday’s top business news stories:
Associated Press
As cruise industry prepares to sail, choppy waters are ahead, by Dee-Ann Durbin
Feds seek $225M fine for pair who made a billion robocalls, by Tali Arbel
CNN
Adidas says at least 30% of new US positions will be filled by black or Latinx people, by Clare Duffy
Fed economist pushes for unprecedented rate cut in the United States, by Paul R. La Monica
The Wall Street Journal
Coronavirus Sends Airlines Toward Record Annual Loss, by Doug Cameron
Shoppers Surprise Retailers by Returning to Stores, by Suzanne Kapner
CNBC
Colorado restaurants reopen after millions in losses as coronavirus cases fall across the state, by Jasmine Kim
Auto loan payments soared to yet another record in the first quarter, by Phil LeBeau
Reuters
FCC awarding up to $16 billion to address U.S. areas lacking broadband service, by David Shepardson
U.S. layoffs ease in April; hiring slumps to record low, by Lucia Mutikani
News about business journalism
CNET looks at its 25-year history
WSJ reporters win WHCA award for coverage
NYFWA seeks nominations for Impact Award for Distinguished Financial Journalism
Hu joins Vogue Biz as senior editor in China
Feintzeig named WSJ’s Work & Life columnist
NYFWA names scholarship winners
