Some of Friday’s top business news stories:
Associated Press
$300 in US jobless aid running out even as more seek help, by Christooher Rugaber, Geoff Mulvihill
Jane Fraser to become Citi CEO; 1st woman to lead major bank, by Ken Sweet
CNN
Rio Tinto CEO resigns after destruction of 46,000-year-old sacred Indigenous site, by Laura He Angus Watson
61% of Americans looking for jobs right now want to switch careers, by Alexis Benveniste
The Wall Street Journal
Oracle Results Bolstered by Cloud-Computing Growth, by Aaron Tilley
U.S. Regulators Fine Pork Giant Smithfield Over Covid-19 Outbreak, by Jacob Bunge
CNBC
Peloton crushes estimates as sales surge 172%, expects strong demand to continue into 2021, by Lauren Thomas
WHO calls delay in AstraZeneca coronavirus vaccine trial a ‘wake-up call’, by Noah Higgins-Dunn
Reuters
$718 million options unwind signals more caution on tech stocks, by April Joyne
Elliott’s Cohn steps off eBay board, two newcomers join, by Svea Herbst-Bayliss
News about business journalism
Wall Street Journal names Cherney its coverage editor
Skift reporter Spinks set to depart
Ray joins NY Times as graphics/multimedia editor
Yahoo Finance reporter Heaphy is departing
Overseas Press Club of America names Bloomberg’s Dwyer president
finStream launches new OTT/streaming channel platform
