Some of Thursday’s top business news stories:
Associated Press
A predicted surge in US job growth for June might not last, by Christopher Rugaber
Black businesses see increased sales amid racial reckoning, by Philip Marcelo
CNN
US car sales just had their worst quarter since the Great Recession, by Chris isidore
A huge Wendy’s and Pizza Hut franchisee just filed for bankruptcy, by Jordan Valinsky
The Wall Street Journal
Major Technology Company CEOs to Testify Before Congress, by Ryan Tracy
Macy’s Says Most Stores Have Reopened as U.S. Coronavirus Infections Rise, by Dave Sebastian
CNBC
McDonald’s is halting its U.S. reopening plans as coronavirus cases spike, by Amelia Lucas
Record fireworks sales expected as Fourth of July gets celebrated at home during the pandemic, by Alex Harring
Reuters
EU court rules against BlackRock tax break claim, by Huw Jones
Novartis pays $729 million to settle U.S. kickback charges, by Jonathan Stempel
News about business journalism
Why RIA Intel has been successful
Quartz has launched a new homepage
Why WSJ Noted is not a gateway product to the main WSJ
Bloomberg Media’s Smith believes subscription revenue will become significant