Talking Biz News Today — Oct. 22, 2020

Some of Thursday’s top business news stories:

Associated Press

OxyContin maker Purdue Pharma to plead to 3 criminal charges, by Michael Balsamo, Geoff Mulvihill

Tesla posts net profit for fifth straight quarter, by Tom Krisher

CNN

Short-form video app Quibi is shutting down after just six months, by Frank Pallotta, Clare Duffy

JPMorgan is taking on Square with a new card reader, by Oliver Effron

The Wall Street Journal

Electric-Vehicle Startups Are Wall Street’s Hot New Thing. No Revenue? No Problem., by Eliot Brown

Boeing Discussing New Plane as It Starts to Emerge From 737 MAX Crisis, by Benjamin Katz

CNBC

Chipotle shares fall despite earnings beat, as robust delivery growth weighs on profits, by Amelia Lucas

Regal shuttered 500 theaters two weeks ago, now it’s opening up 11 in New York, by Sarah Whitten

Reuters

Amazon announces $100 million logistics investment in Mexico, by Daina Beth Solomon

U.S. economy’s rebound sets up test of Fed’s new pledge, by Ann Saphir, Jonnelle Marte

News about business journalism

NY Times’ Smialek signs book deal about the Fed

How a WSJ reporting tool turned into a feature for readers

Why Tesla dropping its PR department is bad news for biz journalism

How The Economist has increased subscriber retention

Business Insider hires Atkinson as chief media correspondent

Bloomberg names Moore its ME for EMEA finance coverage

Mercury News reporter Castañeda on the importance of talking to people

How Bartiromo juggles the balls in the air

HBR’s Ignatius honored as 2020 Business News Visionary

Kay shifts to Bloomberg Asia team to cover pandemic, health and biz

Quartz reporter Griswold departs

The Wrap reporter Williams hired by Kansas City Star