OLD Media News

Talking Biz News Today — May 4, 2020

Some of Monday’s top business news stories:

Associated Press

Battered global tourism industry makes reopening plans, by Dee-Ann Durbin

Solar, wind energy struggle as coronavirus takes toll, by Cathy Bussewitz, John Flesher, Patrick Whittle

CNN

Ryanair will cut 3,000 jobs and keep 99% of flights grounded through June, by Hanna Ziady

Exxon posts its first loss in decades, and Chevron slashes spending, by Matt Egan

The Wall Street Journal

Silver Lake to Invest $750 Million in Indian Tech, Telecom Firm Jio Platforms, by Miriam Gottfried

Warren Buffett Says ‘American Magic’ to Overcome Coronavirus Uncertainty, by Geoffrey Rogow, Jenna Telesca

CNBC

Wasted milk, euthanized livestock: Photos show how coronavirus has devastated US agriculture, by Adam Jeffery, Emma Newburger

Electric cars take the spotlight in China’s post-coronavirus stimulus plans, by Evelyn Cheng

Reuters

Intel in talks to buy Israel’s Moovit public transit app for $1 billion: media, by Tovah Cohen

Mirae Asset scraps $5.8 billion deal to buy U.S. hotels from China’s Anbang, by Hyunjoo Jin

News about business journalism

FT’s Money-Media hires reporter Garfinkle

Deputy editorial director Manley departs Bloomberg Environment

Crain’s New York reporter recovers from coronavirus

How NY Times econ reporter Casselman digs into unemployment

Reynolds Center’s Leckey to retire

WSJ announces 2020 interns

How the WSJ is helping readers plan for news

Deputy money editor Pinsker departing Reuters

FT reporter DiStefano resigns

Cheddar editor in chief Roberts is departing

Dow Jones News Fund names biz reporting interns

Bloomberg says it will continue paying vendors for custodial, security, pantry work

Irina Slav

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