OLD Media News

Talking Biz News Today — May 7, 2021

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

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