OLD Media News

Talking Biz News Today — May 5, 2020

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

Former Fortune columnist “Stanley Bing” dies at 68

Crow to cover the pandemic for Financial Times

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