Some of Wednesday’s top business news stories:
Associated Press
Black former franchisees sue McDonald’s for discrimination, by Dee-Ann Durbin
Zoom stock surges, market value tops Boeing, Starbucks
CNN
Tesla looks to raise $5 billion by selling more of its red-hot stock, by Paul R. La Monica
The airline industry could shrink by half to survive, United Airlines chairman says, by Matt Egan
The Wall Street Journal
TikTok Deal Talks Are Snarled Over Fate of App’s Algorithms, by Liza Lin, Aaron Tilley, Georgia Wells
Retail Eviction Proceedings Pick Up as Economy Restarts, by Esther Fung
CNBC
Federal health advisors predict four coronavirus vaccine trials backed by U.S. could fail, by Berkeley Lovelace Jr.
America’s department stores, cornerstones in fashion, could be in their ‘last stages’, by Lauren Thomas
Reuters
Exxon weighs global job cuts after unveiling Australian lay-off plan, by Sonali Paul
Unilever to drop fossil fuels from cleaning products by 2030, by Siddharth Cavale
News about business journalism
Business Insider hires Lee to cover cannabis/psychedlics
Reuters hires Kanu to write column about justice and equality
Bloomberg wealth reporter Metcalf becomes UK banks team leader
Farnsworth leaving Wired for Google
Reuters Legal hires Godoy as legal reporter
