Some of Friday’s top business news stories:
Associated Press
Tech giants are embracing remote work. Others may follow, by Barbara Ortutay
Nearly 39 million have lost jobs in US since virus took hold, by Christopher Rugaber, Danica Kirka
CNN
BlackRock is the new king of Wall Street as banks get pummeled, by Paul R. La Monica
Everyone you know uses Zoom. That wasn’t the plan, by Jon Sarlin
The Wall Street Journal
IBM Announces First Job Cuts Under New Chief Executive, by Asa Fitch
Coronavirus Widens the Retail Divide: Macy’s Sales Fall 45%, Best Buy Slips 6%, by Suzanne Kapner
CNBC
The coronavirus pandemic has upended auto sales and buying a car will never be the same, by Michael Wayland
American billionaires got $434 billion richer during the pandemic, by Robert Frank
Reuters
Hewlett Packard Enterprise lays out $1 billion savings plan, pay cuts, by Sanjana Shivdas
Roche buys U.S. gene sequencing tech company Stratos Genomics, by Brenna Hughes Neghaiwi
News about business journalism
Bloomberg hires Cai for transportation team
“Bloomberg Surveillance” heads to Bloomberg Television mornings
MarketWatch reporter Cherney moving to Barron’s to cover tech
PCWorld executive editor Gordon Mah Ung, a tireless journalist we once described as a founding father…
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
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…