Some of Friday’s top business news stories:
Associated Press
Mnuchin rejects renewal of some Fed emergency loan programs, by Martin Crutsinger, Christopher Rugaber
US jobless claims rise to 742,000; millions to lose aid, by Christopoher Rugaber
CNN
GM is increasing spending to $27 billion to make 40% of its cars electric by 2025, by Peter Valdes-Dapena
BuzzFeed chief Jonah Perreti brings HuffPost back under his fold in deal with Verizon Media, by Kerry Flynn
The Wall Street Journal
Airlines Flag Falling Bookings as Covid-19 Cases Climb, by Alison Sider
Tyson Suspends Managers After Lawsuit Claims They Bet on Covid-19 Infections, by jacob Bunge
CNBC
Macy’s may temporarily close more stores as Covid cases climb and threaten crucial holiday shopping season, CEO says, by Lauren Thomas
Samsung wearable device sales have jumped more than 30% this year, exec says, by Sumathi Bala
Reuters
Facebook probe in final stages as FTC, U.S. states prepare lawsuits, by Diane Bartz, Paresh Dav
Verizon, Apple partner to swap out corporate-owned phones for 5G iPhones, by Stephen Nellis
News about business journalism
DOJ investigating Variety parent’s deal for Hollywood Reporter
Cheng promoted to senior VP of Barron’s Group
Business Insider, Forbes are top business news sites in England
Business Insider hires Zitser as weekend news reporter
The Economist hires Weinland from the FT to cover China
