Business News

Mexico's Acapulco hopes for rebound as virus, violence drop

Mexico's Pacific coast resort of Acapulco is putting its hopes on a return of tourists as the number of coronavirus cases drop and the violence that once drove travelers away slowly subsides

Postal Service warns states across US about mail…

The U.S. Postal Service is warning states coast to coast that it cannot guarantee all ballots cast by mail for the November election will arrive in time to be counted, raising the possibility that millions could be disenfranchised

Asia Today: S. Korea's cases jump again, lower in…

South Korea has reported 166 newly confirmed case of the coronavirus, it’s highest daily jump in five months, as health authorities fear transmissions are getting out of control in the greater capital area that’s home to half of the country’s 51 million people

Muslim woman accuses McDonald's franchisee of discrimination

A Muslim woman who worked for a McDonald’s franchisee in Maryland claims managers and co-workers sexually harassed her and subjected her to religious discrimination after she converted to Islam

AdChoices Icon

How major US stock indexes fared Friday

Wall Street ended Friday more or less where it started after a day of drifting between small gains and losses for major stock indexes

Rural families without internet face tough choice…

Lee County, deep in the Appalachian Mountains, is one of many rural school districts around the country where the decision over whether to bring students back into classrooms is particularly fraught

Dillard's, Novavax rise; Baidu, DraftKings fall

Stocks that moved heavily or traded substantially Friday: Dillard’s, Novavax rise; Baidu, DraftKings fall

Miami businessman pleads guilty in Vermont ski…

A Miami businessman accused of being the mastermind behind the largest fraud case in Vermont’s history has pleaded guilty

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

US industrial production up 3%; factory output up…

American industry continued to regain ground lost in the coronavirus recession last month but production remains well below where it was before the pandemic struck

Man, 30, becomes 3rd Revel scooter fatality in…

Police say a 30-year-old man injured in a Revel scooter accident three days before the company suspended its New York City operations last month has died of his injuries

US productivity rises 7.3% as hours worked are…

U.S. productivity rose at a 7.3% rate in the second quarter as the number of hours worked fell by nearly half, the biggest dropoff since the government started tracking the data

AdChoices Icon

US retail sales rise for 3rd month but slowdown…

Americans increased their retail purchases by 1.2% in July, with solid gains in appliances and clothing, restoring sales to their level before the viral pandemic erupted in March

Wayfair pulls towel depicting deity after Hindus object

Online home goods retailer Wayfair has pulled a beach towel depicting the Hindu deity Lord Ganesha

Dutch economy shrinks by 'unprecedented' 8.5% as…

The Dutch statistics office says the country's economy suffered a 8.5% contraction in the second quarter as the coronavirus pandemic slammed the brakes on spending, exports and investments

By sea, rail or by air, Brits scramble to get out…

British tourists scurried to get out of France by whatever means possible before a deadline that would require them to quarantine at home for two weeks

California heat spurs 1st rolling power outages…

California has ordered rolling power outages for the first time since 2011 as a statewide heat wave strained its electrical system

Stocks barely budge on Wall Street; S&P 500 just…

Major stock indexes on Wall Street ended Friday more or less where they started after a day of drifting between small gains and losses

Malaysian economy shrinks 17% in worst…

Malaysia has reported its economy contracted 17% in the last quarter, in its worst downturn since the global financial crisis

AdChoices Icon

China factory output flat, retail sales slip in…

China has reported its factory output rose just under 5% last month from a year earlier while retail sales fell slightly

Foxconn's $100 million pledge to university…

The University of Wisconsin-Madison has received less than 1% of the money that Taiwan-based Foxconn Technology Group pledged to it two years ago amid the electronics giant's expansion plans in Wisconsin