Saturday, July 11, 2020
Business

Business

Disney World reopens with plenty of room on Main Street, USA

0
After 117 days, Disney World was back open Saturday to the general public after the coronavirus pandemic swiftly shut down the tourism capital of the planet.

FCA recalls 1.2M SUVs, minivans because pieces on steering wheels can become projectiles

0
Fiat Chrysler Automobiles is recalling more than 1.2 million SUVs and minivans because pieces on the steering wheels could become projectiles if the driver-side air bags deploy.

Trump says US will review universities’ tax-exempt status

0
President Donald Trump ordered the Treasury Department on Friday to review the tax-exempt status of colleges and universities, following his threats to cut federal funding to schools that do not reopen due to the coronavirus pandemic.

U.S. stocks open slightly higher as investors weigh coronavirus impact

0
U.S. stocks opened slightly higher on Friday as investors eyed the soaring number of coronavirus cases in the country while weighing its impact on economic recovery.

U.S. jobless claims continue to drop last week as economic reopening slows

0
The number of initial jobless claims in the United States continued to drop last week, as some states paused or partially reversed reopening efforts amid a resurgence in COVID-19 cases.

The United States does not want Cuba and Venezuela to buy on Amazon

0
A minor nuisance that comes with U.S. sanctions is having to say goodbye to buying on Amazon.

Storied apparel retailer Brooks Brothers files for bankruptcy amid pandemic

0
Brooks Brothers, one of the oldest apparel retailer in the United States, filed for bankruptcy protection, as the coronavirus pandemic continues to impact businesses.

Under Armour reportedly looks to sell fitness app MyFitnessPal

0
Under Armour may be looking to shed MyFitnessPal, its fitness and nutrition app and website, as it scales back during a slowdown made worse by coronavirus-related revenue losses.

US ‘looking at’ banning Chinese social media apps, including TikTok

0
The United States government is “looking at” banning Chinese social media apps such as TikTok, Secretary of State Mike Pompeo said Monday.

Amazon, Facebook, Apple, Google CEOs to testify to House July 27

0
The chief executive officers of Amazon.com Inc., Facebook Inc., Alphabet Inc. and Apple Inc. will testify on July 27 before a congressional panel investigating competition in the technology industry, according to an announcement from the House Judiciary Committee.

Goldman Sachs raises forecast of U.S. economy contraction to 4.6 pct in 2020

0
Global investment management firm Goldman Sachs lowered its forecast for the U.S. economy in a report, saying it would grow at 25 percent in the third quarter of this year rather than its previous forecast of 33 percent.

Uber, Postmates agree on $2.65 billion all-stock deal

0
Uber Technologies Inc. has agreed to acquire Postmates Inc. in a $2.65 billion all-stock takeover expected to be announced as soon as Monday morning in the U.S., according to people familiar with the matter.

Scalia says coronavirus economic recovery better than projected

0
U.S. Labor Secretary Eugene Scalia said the economic recovery from the coronavirus pandemic has been better than expected so far, and it won’t be necessary to extend an emergency unemployment program that ends this month.

Atlantic City’s casinos — all but one — reopen with no smoking, drinking, or...

0
Atlantic City casinos welcomed gamblers for the first time in almost four months on Thursday, but the seaside city famous for not enforcing Prohibition couldn’t let its guests drink on the casino floors.

Gun demand is off the charts in US even for an election year

0
U.S. consumers are rushing to buy guns as the COVID-19 pandemic and protests over police brutality combine with U.S. presidential politics to fuel unprecedented demand.

Trending in Business