Some of Tuesday’s top business news stories:
Associated Press
Brands weigh in on national protests over police brutality, by Lindsey Bahr, Anne D’Innocenzio
CBO projects virus impact could trim GDP by $15.7 trillion, by Martin Crutsinger
CNN
Air travel is bouncing back … sort of, by Gregory Wallace
SpaceX’s Crew Dragon took flight in historic mission. What’s next?, by Jackie Wattles
The Wall Street Journal
Protests Derail Comeback Plans for Restaurants and Retailers, by Heather Haddon, Jaewon Kang
Nestlé Loses Fight With Impossible Foods Over Meatless Burger Branding, by Saabira Chaudhuri
CNBC
Stitch Fix is laying off 1,400 employees in California, and plans to hire in lower-cost U.S. cities, by Lora Kolodny
Sustainable funds are outperforming their peers during the pandemic, BNP Paribas says, by Audrey Cher
Reuters
Volkswagen closes $2.6 billion investment in self-driving startup Argo AI, by Paul Lienert
Visa sees recovery in U.S. payments volume in May, by Shradha Singh
News about business journalism
Wired editorial staffers ask Conde Nast CEO to recognize union
A depleted labor beat at a time of massive unemployment
Escher, head of audience development at TechCrunch, departs
WSJ union condemns assault on reporter
How biz publishers are tying events to subscriptions
Bloomberg Industry Group’s Black Professional Community message on trauma and stress
The Economist shuts TVC operations after 22 years
Former The Hill journalist Pecquet launches news site
Bloomberg Industry union calls for better diversity and inclusion efforts
