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
Bloomberg News has hired Andrea Palasciano to cover European Union foreign policy and NATO. She will be…
The Financial Times has struck a deal with OpenAI to train artificial intelligence models on…
Business Insider editor in chief Nicholas Carlson plans to leave this summer, reports Maxwell Tani of Semafor. Tani reports,…
The Yale Program on Stakeholder Innovation and Management announced the appointment of Alan Murray, departing chief…
The Advocate is looking for a savvy reporter to cover the Baton Rouge business scene…
MLex, a LexisNexis company, is an independent news organization for breaking news and forward-looking analysis…