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
The U.S. ambassador to the United Nations has lambasted Russia over its continued detention of…
Wall Street Journal editor in chief Emma Tucker sent out the following on Thursday: Today we announced…
Clare Malone of The New York writes about Hunterbrook, which is using reporting from journalists to…
The Hollywood Reporter awards editor Tyler Coates is leaving the news organization. His last day will be…
Laura Purkess has been promoted to consumer features editor at The Sun. She will maintain…
Pat Ferrier, senior business reporter at the Coloradoan in Fort Collins, is retiring after 23…