Some of Tuesday’s top business news stories:
Associated Press
U.S. restriction on chipmakers deals critical blow to Huawei, by Zen Soo Joe McDonald
SBA leaves businesses still hoping for more leeway on loans, by Joyce M. Rosenberg
CNN
Disney streaming chief leaves to become CEO of TikTok, by Frank Pallotta Kaya Yurieff
For small businesses, survival may hinge on closing streets, by Matt McFarland
The Wall Street Journal
Uber Cuts 3,000 More Jobs, Shuts 45 Offices in Coronavirus Crunch, by Preetika Rana
Moderna Says Initial Covid-19 Vaccine Results Are Positive, by Peter Loftus
CNBC
New car registrations in Europe fall 76% in April as coronavirus lockdowns hit sales, by Holly Ellyatt
Retail sales in the US could fall more than 6% in 2020: Euromonitor, by Lauren Thomas
Reuters
Supplier restarts flow of critical truck parts to Detroit automakers, by Ben Klayman
Square joins Twitter in letting employees work from home permanently, by C Nivedita
News about business journalism
MiBiz hires Carlson to cover real estate, small business
New Dow Jones CEO Latour: I will move quickly and decisively
McClatchy’s Dumain departing for E&E News
The Indianapolis Business Journal is looking for our next news editor, a role that focuses…
Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…
Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…
The Financial Times has hired Veena Venugopal as its India newsletter editor. She has been working at…
Benjamin Parkin has been named Middle East and Africa news editor at the Financial Times, based…