Some of Wednesday’s top business news stories:
Associated Press
Where’s the beef? Production shutdown leads to shortages, by Dee-Ann Durbin
Texas eases underground oil storage rules, raising concerns, by Cathy Bussewitz
CNN
Europe’s leading global airline is losing $1 million an hour and needs a bailout, by Hanna Ziady
Disney’s profit plunged 91% last quarter as its parks closed their doors, by Frank Pallotta
The Wall Street Journal
Airbnb to Cut 25% of Workforce as Coronavirus Stalls Global Travel, by Rolfe Winkler
U.S. Factories Face a Hitch in Reopening: Mexico’s Shutdown, by Bob Tita, Santiago Perez
CNBC
Cheesecake Factory swings to a loss as coronavirus weighs on earnings, by Amelia Lucas
Beyond Meat shares rise as first-quarter revenue soars 141%, but it withdraws 2020 forecast due to coronavirus, by William Feuer
Reuters
California sues Uber, Lyft over misclassifying drivers as contractors, by Tina Bellon
Tyson Foods to resume limited production at largest U.S. pork plant, by Juby Babu
News about business journalism
Buffalo Business First promotes ME Collins to editor in chief
Pulitzer winner Gates discusses his Boeing coverage
Reuters News reports flat revenue, expected to lose revenue from cancelled events
Wired magazine lays off reporter Finley
