Some of Thursday’s top business news stories:
Associated Press
CEO pay has topped $12.3M. Can it keep rising post-pandemic?, by Stan Choe
Boeing cuts 12,000 jobs, resumes production of grounded jet, by David Koenig
CNN
Rupert Murdoch’s News Corp is cutting jobs and shutting down dozens of newspapers in Australia, by Michelle Toh
Our pandemic shopping habits are here to stay. Brands are racing to adapt, by Hanna Ziady
The Wall Street Journal
HBO Max Is Left Out of Amazon’s, Roku’s Platforms at Launch, by Joe Flint, Lillian Rizzo
GE Exits Lightbulb Business It Pioneered, by Thomas Gryta, Cara Lombardo
CNBC
Coronavirus pandemic leaves Richard Branson fighting for his Virgin empire, by Robert Ferris
American Airlines plans 30% reduction of management, administrative staff, by Leslie Josephs
Reuters
New wave of U.S. layoffs feared as coronavirus pain deepens, by Lucia Mutikani
U.S. state of Arizona files consumer fraud lawsuit against Google, by Kanishka Singh
News about business journalism
Tech gadget site Wirecutter moves to NYTimes.com
How the WSJ and Dow Jones are weathering the pandemic
Cheddar anchor King departing at end of the week
Sorkin, Kernen of CNBC spar online about pandemic
