Some of Thursday’s top business news stories:
Associated Press
US job losses in May could raise 3-month total to 30 million, by Christopher Rugaber
US service sector contracts for second month in May, by Martin Crutsinger
CNN
Britain’s biggest car plant may not survive Brexit, by Charles Riley
AMC Theatres has ‘substantial doubt’ it can remain in business, by Frank Pallotta
The Wall Street Journal
Coronavirus Crisis Dents Salaries, Not Stock Awards, for Many CEOs, by Chip Cutter, Theo Francis
Former UAW President Pleads Guilty to Embezzlement, Racketeering Charges, by Nora Naughton
CNBC
GM CEO Mary Barra expects North American plants to return to near pre-coronavirus levels by late June, by Michael Wayland
Insurers say riot damage is covered under most insurance policies for businesses, by Contessa Brewer, Jessica Golden
Reuters
Citi defies coronavirus with Western European corporate lending push, by Sinead Cruise, Lawrence White
U.S. airlines gain final approval to drop services to 75 domestic airports, by David Shepardson
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