Some of Friday’s top business news stories:
Associated Press
US trade deficit rises 9.7% in May to $54.6 billion, by Paul Wiseman
Tesla 2Q deliveries rise over 1Q despite factory shutdown, by Tom Krisher
CNN
Unemployment rate won’t recover for the next decade, CBO projects, by Anneken Tappe
Lemonade, the online insurer, surges in Wall Street debut, by Paul R. La Monica
The Wall Street Journal
Uber Under Pressure to Beef Up Food Delivery, by Tim Higgins
Chapter 11 Business Bankruptcies Rose 26% in First Half of 2020, by Aisha Al-Muslim
CNBC
Bar owners reckon with costly stop and starts as states close them down again, by Amelia Lucas
American Airlines says it’s overstaffed by 20,000 employees for fall schedule, by Leslie Josephs
Reuters
U.S. job growth roars back, but COVID-19 resurgence threatens recovery, by Lucia Mutikani
Gap in U.S. Black and white unemployment rates is widest in five years, by Jonelle Marte
News about business journalism
VCs attack coverage, NY Times reporter Lorenz
Reuters plans to put many articles behind a paywall
Financial Times launches energy newsletter
