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Talking Biz News Today — Nov. 10, 2020

Some of Tuesday’s top business news stories:

Associated Press

Pfizer says COVID-19 vaccine is looking 90% effective, by Lauran Neergaard, Linda A. Johnson

EU puts tariffs on US but hopes for change with Biden, by Lorne Cook

CNN

The US job market probably won’t recover until 2024, by Anneken Tappe

Want to invest in electric cars? GM could be a better bet than Tesla, by Chris Isidore

The Wall Street Journal

Supreme Streetwear Brand Sold to VF in $2.1 Billion Deal, by Dave Sebastian

Nikola’s Losses Widen as Executives Try to Regain Momentum, Develop First Truck, by Ben Foldy

CNBC

Beyond Meat shares tank as coronavirus weakens demand for plant-based meat at restaurants, by Amelia Lucas

General Motors to add 3,000 jobs focused on electric vehicles, by Michael Wayland

Reuters

Microsoft launches next-generation Xbox gaming consoles amid pandemic-driven demand, by Supantha Mukherjee, Sam Nussey

J.C. Penney rescue deal approved in bankruptcy court, by Maria Chutchian

News about business journalism

FT hires Rogers as its U.S. labor and equality correspondent

Kelly becomes chief correspondent for Bloomberg Quicktake

Law360 hires Lerner as a senior reporter

Columnist Barro returning to Business Insider

Seattle Times moves Long to Amazon beat

Chapa now covering gas markets for Bloomberg News

Business Insider hires O’Reilly as media and advertising editor

Business Insider hires Schuster-Bruce to cover Europe health care

Stenovec hired as anchor on Bloomberg QuickTake

Japanese company sells financial website Quartz to management

Irina Slav

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