Some of Wednesday’s top business news stories:
Associated Press
Walmart becomes a pandemic lifeline, online sales surge 74%, by Anne D’Innocenzio
Budget cuts aimed at older adults anger California lawmakers, by Adam Beam
CNN
People are flying again … sort of, by Chris Isidore
Cyber attacks are increasingly all about financial gain, report says, by Clare Duffy
The Wall Street Journal
Johnson & Johnson to Stop Selling Talcum Baby Powder in U.S., Canada, by Peter Loftus
Home Depot Reports Higher Revenue Despite Coronavirus Impact, by Matt Grossman
CNBC
Kohl’s CEO says this is the ‘low point’ of 2020, as margins take a hit from coronavirus, by Lauren Thomas
Music industry to nearly double in value by the end of the decade, Goldman Sachs says, by Sam Meredith
Reuters
Global green energy growth to fall for first time in 20 years: IEA, by Nina Chestney
Exclusive: Exxon revives sale of stake in giant Azeri oilfield, by Ron Bousso
News about business journalism
Sportico hires Forbes contributor Bloom
Remembering AP deputy tech editor Jesdanun, a runner
Wired’s union blasts Conde Nast for meager severance
Biz journalist Blumenthal dies at 61
SABEW names Quillen its new president
Sportico hires Bloomberg’s Novy-Williams, others
SABEW elects eight board members
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…