Some of Wednesday’s top business news stories:
Associated Press
FedEx reports a loss, but revenue tops Street expectations, by David Koenig
As virus roars back, so do signs of a new round of layoffs, by Paul Wiseman, Travis Loller, Kelli Kennedy
CNN
Airbus is cutting 15,000 jobs because of the pandemic, by Mark Thompson
Netflix is investing $100 million in Black-owned banks, by Chauncey Alcorn
The Wall Street Journal
Companies Hit by Covid-19 Want Insurance Payouts. Insurers Say No., by Leslie Scism
SpaceX Satellite Launch Marks U.S. Military Embrace of Reusable Rockets, by Andy Pasztor
CNBC
Google raises price of YouTube TV, its cable-like bundle, to $65 a month, by Jennifer Elias
Walgreens says new small-format store personalizes care, could help in ‘pharmacy deserts’, by Melissa Repko
Reuters
Google postpones U.S. office reopening to September as virus cases spike, by Kanishka Singh
GM must repay $60 million in state tax credits, Ohio AG says, by David Shepardson
News about business journalism
Shuler retiring from KQED after covering Silicon Valley for 30 years
WSJ launches digital magazine aimed at readers under 35
Fox Business has best quarter in history
FT names two new associate editors, and Asia business editor
