OLD Media News

Talking Biz News Today — Sept. 15, 2020

Some of Tuesday’s top business news stories:

Associated Press

Wildfires during pandemic intensify economic pain in West, by Paul Wiseman

Daimler AG to pay $1.5B to settle emissions cheating probes, by Michael Balsamo, Tom Krishner

CNN

The world may never consume more oil than in 2019, BP says, by Hanna Ziady

YouTube announces its own TikTok competitor, by Kaya Yurieff

The Wall Street Journal

Verizon to Buy TracFone in Deal Valued at Nearly $7 Billion, by Drew FitzGerald

Delta to Use Frequent-Flier Program to Raise $6.5 Billion, by Alison Sider

CNBC

General Motors to unveil Hummer EV pickup with ‘crab mode’ in October, by Michael Wayland

Klarna becomes Europe’s biggest fintech unicorn at over $10 billion valuation after mega-round, by Riley de Leon

Reuters

Citi to boost risk and control investment after operational error: CFO

Berkshire’s BNSF names first female CEO of big U.S. railroad

News about business journalism

Efrati named executive editor at The Information

NY Times’ Dealbook hires Livni to cover politics, law from DC

Grocery Dive hires Moran as associate editor

Chicago Daily Law Bulletin digital editor Meyer departs

Journalist Abellard joins Bloomberg QuickTake

ACBJ creating national design desks, laying off designers

Law360 hires Sanders as senior reporter covering legal industry

MLex reporter Acton moving to San Francisco

RedVentures to acquire CNET for $500 million

Louisville Biz First publisher on why it’s covering diversity

FT’s editor Khalaf on the unpredictable pandemic environment

Irina Slav

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