Business News

Tesla Surpasses Toyota As The Most Valuable…

Since the start of the year, Tesla shares have swelled 183%.

Summer getaway can begin: New UK quarantine rules…

The traditional British summer getaway to the sun-soaked beaches of the Mediterranean Sea is set to pick up steam as quarantine restrictions are removed to dozens of countries, including France, Greece and Italy

NBC News sets goal of a workforce that is half…

NBC Universal's News Group's chairman has set a bold goal of having a workforce at NBC News, MSNBC and CNBC that is 50 percent minority

Airbus To Cut 15,000 Jobs Over COVID-19 Pandemic

The company said the cuts will occur no later than the summer of 2021.

AdChoices Icon

EU watchdog to probe trade pact with South American nations

The European Union's independent watchdog is investigating the bloc's trade agreement with four South American countries after greens and rights groups complained the pact does not respect the EU's legal obligations

Brazil asks investment firms to adopt protected…

Brazil’s government has proposed that global asset-managers adopt protected areas in the Amazon rainforest in order to curb illegal deforestation ahead of the season farmers traditionally use fire to clear land and brush

FAA Approves Test Flights Of Boeing's Updated 737…

Global aviation regulators grounded the 737 Max back in March 2019 after two fatal crashes involving Boeing 737 Max 8s.

Nepal cable TV operators stop airing Indian news channels

Nepal's cable and satellite television providers have stopped Indian news channels following some news reports on the prime minister that has angered the general public

AP EXPLAINS: Public won't see Trump's tax…

Two Supreme Court rulings will keep President Donald Trump’s tax returns, banking records and other financial documents out of the public eye for the time being

U.S. Consumer Spending Increased At Record Pace…

With unemployment funds running out, the gains aren't expected to last.

Lawmakers vote to close down Philippines' largest…

Philippine lawmakers have voted to reject the license renewal of the country’s largest TV network, shutting down a major news provider that had been repeatedly threatened by the president over its critical coverage

Bed Bath & Beyond closing stores, cruises prepare…

Bed Bath & Beyond plans to close about 200 stores over the next two years as its sales slid in the first quarter

AdChoices Icon

UK, Australia investigate Clearview facial recognition firm

Privacy watchdogs in Britain and Australia have opened a joint investigation into facial recognition company Clearview AI over its use of personal data “scraped” off social media platforms and other websites

Takeaways: Paycheck Protection loans and the…

An Associated Press analysis of federal data has found that the U.S. Roman Catholic Church and affiliated groups received federal aid worth at least $1.4 billion under the federal Paycheck Protection Program

EU says 'significant divergences' remain in…

EU and U.K. negotiators have yet to find a way to overcome “significant divergences” in their attempt to seal a post-Brexit compromise

The Latest: Belgium to make indoor mask wearing…

Wearing a face mask will become mandatory from Saturday in Belgian shops, cinemas, entertainment venues and other indoor spaces

Virus causes uncertainty for state lotteries

The coronavirus has rattled state lotteries across the country

2 California counties, once defiant, see virus…

Two largely rural Northern California counties that two months ago defied Gov. Gavin Newsom's stay-at-home order to more quickly reopen businesses are on the verge of mandatory closings

Morocco to start reopening borders after strict…

Morocco will start gradually reopening its air and maritime borders next week after one of the world’s strictest border lockdowns

Walgreens, Bed Bath & Beyond fall; Costco, SAP rise

Stocks that moved heavily or traded substantially on Thursday: Walgreens, Bed Bath & Beyond fall; Costco, SAP rise

Walgreens lost $1.7B in 3Q as global pandemic…

The coronavirus pandemic pushed Walgreens to a $1.7 billion loss it the most recent quarter with customers staying home or limiting shopping to essential supplies from grocery stores

AdChoices Icon

Appeals court pauses lawsuit over Trump hotel…

A federal appeals court says subpoenas seeking financial records related to President Donald Trump’s Washington hotel can be kept on hold while Trump asks the U.S. Supreme Court to hear an appeal in a lawsuit that accuses him of illegally profiting off the presidency

Germany seizes server hosting pilfered US police…

Acting at the behest of the U.S. government, German authorities have seized a computer server that hosted a huge cache of files from U.S. federal, state and local law enforcement agencies obtained in a Houston data breach last month

How major US stock indexes fared Thursday

Banks helped drag stocks lower on Wall Street Thursday amid worries that recent improvements in the economy may be set to stall as coronavirus cases continue to climb