Some of Friday’s top business news stories:
Associated Press
1.5 million more laid-off workers seek unemployment benefits, by Christopher Rugaber
US wholesale prices rise 0.4% in May led by food and energy, by Martin Crutsinger
CNN
Google will stop letting advertisers target housing ads based on gender, age and ZIP code, by Rishi Iyengar
Nike joins the companies making Juneteenth an annual paid holiday, by Clare Duffy
The Wall Street Journal
Companies Make Big Pledges Toward Initiatives on Race, by Bowdeya Tweh, Patrick Thomas, Sebastian Herrera
GM Wants to Leave Australia, but Breaking Up Is Hard to Do, by Mike Cherney
CNBC
UK economy contracted by 20.4% in April, the largest monthly fall on record, by Elliot Smith
Taco Bell owner sues Grubhub, claiming it violated distribution agreement, by Amelia Lucas
Reuters
U.S. insurers use lofty estimates to beat back coronavirus claims, by Alwyn Scott, Suzanne Barlin
Luxury food industry turns sour amid global coronavirus lockdowns, by Naveen Thukral, Yuka Obayashi, Sybille de La Hamaide
News about business journalism
Reuters wins award for exposing Supreme Court protection of police
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…