Some of Friday’s top business news stories:
April jobs report may point to US labor market’s resilience, by Paul Wiseman
Faster IRS offering better picture on looming debt ‘X-date’, by Fatima Hussein
Paramount shares plunge more than 25% following dismal earnings, by Jordan Valinsky
Apple posts second consecutive quarterly revenue decline, by Catherine Thorbecke and Clare Duffy
Peloton Leans Into Subscriptions as Brand Revamp Continues, by Sabela Ojea
Shopify to Lay Off 20% of Its Workforce as It Sells Logistics Business to Flexport, by Liz Young and Dana Mattioli
Struggling Lordstown Motors expects to end production of its EV pickup ‘in the near future’, by Michael Wayland
J&J’s consumer-health spinoff Kenvue jumps 22% in public market debut, by Annika Kim Constantino
Moderna reports surprise profit as it books deferred COVID vaccine sales, by Patrick Wingrove and Leroy Leo
DoorDash rides on delivery demand to raise 2023 core profit forecast, by Granth Vanaik
How the FT subscription strategy has been helped by newsletters
Bloomberg names Moran team leader for municipal finance
After dropping paywall, Quartz readership declined
Key NY Times appointment, three Messenger hires, ex-USA Today EIC now at Arizona State
Climate tech reporter Hernbroth departing Axios
Washington Post hires Sommer as media reporter
The Financial Times has launched "The State of Britain," a newsletter about the United Kingdom’s…
The Guardian has hired Rachel Savage as its South Africa correspondent. She has been the…
Reporters, editors and data analysts around the world collaborate to bring readers breaking news and…
Debtwire, an ION Analytics company and the leading provider of news and analysis for the…
The Washington Post is looking for an accomplished, creative and impact-oriented journalist to drive coverage…
Adam Duerson, the editor in chief of Front Office Sports, has left the sports news…