OLD Media News

Talking Biz News Today — March 17, 2020

Some of Tuesday’s top business news stories:

Associated Press

Amazon seeks to hire 100,000 to keep up with surge in orders, by Joseph Pisani

Court approves PG&E’s $23B bankruptcy financing package, by Michael Liedtke

CNN

McDonald’s closes seating at corporate-owned restaurants amid coronavirus outbreak, by Rob McLean

US airline industry seeks about $50 billion in federal help, by Gregory Wallace, Phil Mattingly, Kylie Atwood Chris Isidore

Europe’s car industry employs 14 million people. It’s shutting down, by Charles Riley

The Wall Street Journal

Human Testing Begins Earlier Than Expected For U.S. Coronavirus Vaccine, by Thomas M. Burton, Peter Loftus

Tesla Says It Delivered First Model Y SUV, by Tim Higgins

CNBC

Universal to release movies online while they are in theaters, starting with ‘Trolls World Tour’, by Sarah Whitten

GM offering 0% financing for 7 years, deferred payments amid coronavirus outbreak, by Michael Wayland, Phil LeBeau

Reuters

Airbus to suspend production in France and Spain, by Tim Hepher, Sarah White

Nordstrom shuts stores, pulls 2020 outlook due to coronavirus, by Bhargav Acharya, Subrat Patnaik

News about business journalism

WSJ editor Murray: This is transformational time when we’ll show mettle

Reuters names staffers to new roles

Raice named WSJ’s Midwest bureau chief for US news

Bisnow reporter Sperance set to join Skift

NY Post’s Squire to join Digital Trends as news editor

Bloomberg News hires WSJ reporter Roof for deals team

Philly NewsGuild and Philly Inquirer agree to tentative labor pact

Marinova departing Fortune to build newsletter as a business

Irina Slav

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