Some of Wednesday’s top business news stories:
Associated Press
Pandemic and chill: Netflix adds a cool 16M subscribers, by Michael Liedtke
Chipotle agrees to record $25 million fine over tainted food, by Brian Melley
CNN
Trump promises to rescue oil companies after prices go negative, by Matt Egan
Snap’s turnaround gets a boost as lockdown spurs usage, by Rishi Iyengar
The Wall Street Journal
Facebook Takes $5.7 Billion Stake in India’s Jio Platforms, by Jeff Horwitz, Newley Purnell
Senate Passes Bill for More Small-Business Stimulus, by Kristina Peterson, Andrew Duehren
CNBC
United shares drop after company announces fresh stock offering as coronavirus drives travel demand to ‘essentially zero’, by Leslie Josephs
FDA greenlights first coronavirus test with at-home sample collection, by Erin Brodwin
Reuters
Global CEOs see U-shaped recession due to coronavirus: survey, by Joe Brock
Apollo, Oaktree, BGH among those circling Virgin Australia: sources, by Paulina Duran, Scott Murdoch
News about business journalism
Reporter Drange among layoffs at Protocol
Mangalindan leaves Protocol as part of layoffs
Why Industry Dive is succeeding during the pandemic
Note from top editors announcing Protocol’s 13 layoffs
Field among the 13 layoffs at Protocol
Tech news site Technical.ly to expand Philly coverage
