Some of Tuesday’s top business news stories:
The Associated Press
China consumer, factory activity down as virus controls rise, by Joe McDonald
CNN
Warren Buffett’s company buys $4 billion stake in Taiwanese chip giant TSMC, by Diksha Madhok
Exclusive: Jeff Bezos says he will give most of his money to charity, by Brian Fung
The Wall Street Journal
Elon Musk’s Influence Over Tesla’s Board in Focus as Tesla Compensation Trial Kicks Off, by Rebecca Elliott and Rebecca Elliott
Amazon Set to Lay Off Thousands of Corporate Workers, by Sebastian Herrera
CNBC
Bed Bath & Beyond’s stock falls as retailer plans to issue shares to pay off some debt, by Lillian Rizzo
Reuters
Primark website crashes on click and collect debut
Illumina cuts 5% of its workforce
News about business journalism:
Murdoch expected to replace WSJ EIC Murray with Tucker
Denver Biz Journal ME Cohn departs
Domanico promoted to senior ME of people at Business Insider
Adweek promotes Fleming to ME of agencies and marketing coverage
Adweek promotes Miller to managing editor
Callanan named global corporate finance czar at Bloomberg
BizTimes Milwaukee hires Byron as a reporter
Warrington moves to media and telecoms beat at the Telegraph
WSJ hires Heeb to cover consumer finance and banking
Hancock joins the tech and competition desk at Politico
Qwoted 100 Q&A: How Zach Harris of Prosek Partners leads the pack
Skift hires Brophy to cover travel experiences