Some of Tuesday’s top business news stories:
Associated Press
Treasury says April-June borrowing will be a record $2.99T, by Martin Crutsinger
Carnival Cruise Line plans to sail again starting in August, by Dee-Ann Durbin, Adriana Gomez Licon
CNN
The Fed’s experiment with junk bonds is about to begin, by Matt Egan
J.Crew has filed for bankruptcy, by Chris Isidore, Nathaniel Meyersohn
The Wall Street Journal
Call It Hero Pay or Hazard Pay, Essential Workers Want More of It, by Te-Ping Chen, Katherine Sayre
NBCUniversal to Combine TV, Streaming Operations in Broad Restructuring, by Benjamin Mullin, Joe Flint
CNBC
California Gov. Gavin Newsom says some businesses will reopen Friday, with conditions, by Noah Higgins-Dunn
Retail investors bought airline stocks even as travel slowed to a trickle, TD Ameritrade says, by Kevin Stankiewicz
Reuters
Apple borrows on the cheap to fund buybacks, dividends, by Kate Duguid, Joshua Franklin
United Airlines to cut 30% of management in October, preparing pilot changes too: company memos, by Tracy Rucinski, David Shepardson
News about business journalism
Study: Financial news consumption rises, readers want recovery information
WSJ launches “Flexicle” article feature
Industry Dive launches three new newsletters
Sacks promoted to editor of Marker, Medium’s biz magazine
Seattle Times wins Pulitzer for Boeing coverage
Latour named CEO of Dow Jones, publisher of WSJ
WERT Prize extends deadline to May 31
ACBJ to launch Cleveland Business Journal
Texas biz reporter Self-Walbrick leaves for radio station
