Some of Tuesday’s top business news stories:
Associated Press
A US recession began in February in the face of coronavirus, by Christopher Rugaber
BP to cut 10,000 jobs worldwide amid virus pandemic, by Danica Kirka
CNN
Britain’s biggest companies are cutting tens of thousands of jobs. Millions more are at risk, by Charles Riley
World Bank says the global economy will shrink by 5.2% this year, by Anneken Tappe
The Wall Street Journal
Workers Press Adidas, Estée Lauder, Others to Act on Racism, Diversity, by Jacob Gallagher, Khadeeja Safdar, Sharon Terlep
3M Files Lawsuit Against Merchant Selling Masks on Amazon for 18 Times List Price, by Austen Hufford
CNBC
Dunkin’ plans to hire 25,000 workers as restaurant industry begins pandemic recovery, by Amelia Lucas
Lockdowns prevented nearly 5 million U.S. coronavirus cases, study says, by William Feuer
Reuters
IBM exits facial recognition business, calls for police reform, by Bhargav Acharya, David Shepardson
Nestle confirms sale of Buitoni brand’s North American business, by Michael Shields
News about business journalism
Fruhlinger to depart Thinknum for new job
Modern Healthcare hires Christ to cover acute care and staffing
Hutchins promoted to deputy editor, states and Canada, for Politico
The Information hires Martineau, Di Stefano as reporters
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…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…