Some of Wednesday’s top business news stories:
Associated Press
Airlines slash flights, freeze hiring as virus cuts travel, by David Koenig
Senate energy bill falls apart amid dispute over coolants, by Matthew Daly
CNN
The cost of the Boeing 737 Max crisis: $18.7 billion and counting, by Chris Isidore
The coronavirus economic ‘disaster’ scenario: Stagflation, by Paul R. La Monica
The Wall Street Journal
Elon Musk Says Incentives, Costs Will Influence Site of New U.S. Tesla Factory, by Tim Higgins
Occidental to Slash Spending, Payout Amid Lower Oil Prices, by REbecca Elliott, Christopher M. Matthews
CNBC
Walmart, Starbucks and others face a new coronavirus challenge: Sick workers and fearful customers, by Melissa Repko
Elon Musk says Tesla has now produced 1 million electric vehicles, by Anmar Frangoul
Reuters
Banks at risk of losing billions of dollars in fee-based revenues: study, by Anna Irrera
From Exxon to Royal Caribbean Cruises, U.S. companies rush to hoard cash, by Joshua Franklin
News about business journalism
Grotto joins projects and investigations team at Bloomberg News
Fortune’s Murray to launch podcast series on leadership
New management team named at InsideClimate News
Tampa Bay author, journalist, podcaster Andelman passes away
The Scotsman unveils revamped website
Industry Dive names Hargreaves as new chief operating officer
Washington Post reporter Ohlheiser leaving for MIT Tech Review