Some of Friday’s top business news stories:
Associated Press
US unemployment claims fall to a pandemic low of 498,000, by Christopher Rugaber
Peloton expects to lose $165 million in revenue from recall, by Joseph Pisani
CNN
Desperate buyers are going to extremes to land a home, by Anna Bahney
One of the world’s top restaurants is ditching meat. Here’s what could go wrong, by Danielle Wiener-Bronner
The Wall Street Journal
Millions Are Unemployed. Why Can’t Companies Find Workers?, by Eric Morath
Dogecoin’s 12,000% Rally Spurs Hunt for Next Crypto Winner, by Caitlin Ostroff
CNBC
Norwegian Cruise Line CEO says U.S. ships are unlikely to sail this summer, calls CDC guidance ‘unfair’, by Nadine El-Bawab
Beyond Meat swings to a loss as grocery sales growth slows, by Amelia Lucas
Reuters
U.S. economy likely created nearly a million jobs in April, by Lucia Mutikani
Biden willing to accept 25% corporate tax rate to fund spending programs, by Trevor Hunnicutt
News about business journalism
Why sustainability has become a business story
Washington Post hires WSJ graphics reporter Moriarty
Forbes enters into exclusive talks to be sold for $600 million plus
Dow Jones, which operates WSJ, MarketWatch, Barron’s, reports strong third quarter
Business magazines named 2021 Ellie finalists
Fierce Biotech hires Armstrong as a senior editor
FT appoints Okoro columnist for FTWeekend
Tennessee paper names editor of growth and development
News Corp completes acquisition of Investor’s Business Daily
Money Marketing taps Pigden as editor
