Some of Wednesday’s top business news stories:
Associated Press
Virgin Atlantic airline files for US bankruptcy protection
Ex-Google exec sent to prison for stealing robocar secrets, by Michael Liedtke
CNN
EU launches antitrust probe into Google’s Fitbit takeover, by Hadas Gold
Ford turns to a ‘car guy’ to lead the company into the future, by Peter Valdes-Dapena
The Wall Street Journal
Once the Innovators, Department Stores Fight to Stay Alive, by Suzanne Kapner
Justice Department Seeks as Much as $18.1 Billion From Purdue Pharma, by Sara Randazzo
CNBC
Beyond Meat’s U.S. grocery sales nearly triple, offsetting restaurant losses, by Amelia Lucas
NBCUniversal begins layoffs as it shifts some resources toward streaming, by Sarah Whitten
Reuters
BMW plunges to second-quarter EBIT loss as coronavirus pandemic hits car sales, by Edward Taylor
Square’s quarterly revenue surges as lockdown stokes online shopping shift, by Vishwadha Chander
News about business journalism
Bloomberg Media to bundle subscription with The Athletic
Cybersecurity reporter Fazzini departing CNBC
Why one WFH business reporter is now renting an office
How business journalists joined the NYSE floor 25 years ago
ACBJ’s Hunt shares advice on biz journalism job search during economic turmoil
Forbes hires Vidhi Choudhary as a news desk reporter
Business Insider/Insider staff to continue working remotely until Summer 2021
