Some of Monday’s top business news stories:
Associated Press
GM plans to pull out of Australia, New Zealand and Thailand, by Tom Krisher
Negative interest rates turn saving, borrowing upside down, by David McHugh, Christopher Rugaber
CNN
The world’s biggest work-from-home experiment has been triggered by coronavirus, by jessie Yeung
The Apple Watch outsold the entire Swiss watch industry in 2019, by Shannon Liao
The Wall Street Journal
Alstom Reaches Preliminary Deal to Buy Bombardier Train Unit, by Jacquie McNish, Ben Dummett
The Ride-Hail Utopia That Got Stuck in Traffic, by Eliot Brown
CNBC
The biggest US mall owner is doubling down on retail even as the industry struggles, by Lauren Thomas
Talks to sell Victoria’s Secret to Sycamore Partners to spill into next week, by lauren Hirsch
Reuters
Xerox courts HP shareholders as takeover battle heats up, by Krystal Hu, Greg Roumeliotis
New York drops fight against T-Mobile-Sprint merger, by Hilary Russ
News about business journalism
Economist hires Holehouse from MLex
Arizent, parent of American Banker, closes two publications
AP hires two new reporters to national team
Veteran biz reporter Nason passes away
Thibodeau leaving Detroit Press for Ford PR
Business Insider promotes three editors, hires nine new editors