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
PCWorld executive editor Gordon Mah Ung, a tireless journalist we once described as a founding father…
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…