Some of Friday’s top business news stories:
Associated Press
30 million have sought US unemployment aid since virus hit, by Christopher Rugaber
Apple pinched by pandemic; profit, iPhone sales decline, by Michael Liedtke
CNN
Global energy use suffers ‘historic shock.’ It’s like demand from India has been wiped out, by Julia Horowitz
GM and Ford lay out plans to restart their US factories, by Peter Valdes-Dapena
The Wall Street Journal
Amazon’s Sales Jump as Coronavirus Prompts Surge in Online Shopping, by Dana Mattioli, Sebastian Herrera
Meat Companies Want to Reopen, but Officials Fear New Wave of Coronavirus Infections, by Jacob Bunge, Jesse Newman, Kirk Maltais
CNBC
United Airlines swings to $1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic, by Leslie Josephs
- Crew is preparing for a bankruptcy filing that could come this weekend, by Lauren Hirsch
Reuters
Tesla cuts price for China-made Model 3 cars by 10% to qualify for subsidies, by Yilei SUn, Brenda Goh
Biggest U.S. banks says they submitted $45.8 billion in loans for emergency aid program, by Elizabeth Dilts Marshall, Michelle Price
News about business journalism
Porter joins Iraq Oil Report as senior correspondent
Business/financial is fastest-growing news area during pandemic
AP’s Moody hired as editorial director of Hollywood Reporter
WSJ hires Levitt as graphics reporter
Harding joins LinkedIn as producer of “Business Unusual” show
Reuters reporter Jalabi to cover Saudi Arabia
FT correspondent Buck promoted to managing editor
Fast Company has undergone a redesign
