Some of Wednesday’s top business news stories:
Associated Press
Ski resorts struggle to hire amid Trump’s student visa ban, by Thomas Peipert
$215M in BP oil spill money to restore Louisiana marshes
CNN
JPMorgan Chase to pay $920 million to settle trading misconduct allegations, by Paul R. La Monica
Amazon expands personal shopping service to include menswear, by Alexis Benveniste
The Wall Street Journal
Disney to Lay Off 28,000 Employees as Disneyland’s Reopening Unclear, by R.T. Watson
U.S. Retail Store Closures Hit Record in First Half, by Aisha Al-Muslim
CNBC
GM extends talks on $2 billion deal with Nikola after fraud, sexual assault allegations surface against Trevor Milton, by Michael Wayland, Phil LeBeau
Pandemic forces a reckoning for restaurants coping with capacity limits and new consumer habits, by Amelia Lucas
Reuters
William Hill backs Caesars’ $3.7 billion takeover bid
Pfizer to buy 9.9% of CStone for $200 million, eyes collaboration
News about business journalism
Bloomberg is launching a personal finance site
The importance of MACU at the WSJ
A South African business editor on financial journalism’s failure
Beahm departs AL.com for Reckon to cover money and finance
Why Bloomberg QuickTake will have long, and short videos
Reuters adds website section focused on workplace coverage
Nikkei rebrands English publication to Nikkei Asia
How CNBC is launching a news show during a pandemic
Charleston paper cuts standalone Monday biz section for Sunday section.
