Business News

Renault To Cut Nearly 15,000 Jobs

Jobs cuts come as company tries to save $2.2 billion over the next three years.

9 firefighters hospitalized in Florida after ship explosion

Authorities say nine firefighters responding to a fire aboard a ship in Florida have been hospitalized after the ship exploded

New York Times says senator’s op-ed didn’t meet…

The New York Times says a controversial op-ed it published by Republican Sen. Tom Cotton that advocated the use of federal troops to quell demonstrations did not meet its standards

EasyJet To Cut 30% Of Its Workforce Amid…

EasyJet will soon start consulting with employees about the job cuts. It's also going to reduce the size of its fleet to cut costs even more.

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Japan’s pandemic deaths low, but future success uncertain

Japan has kept its deaths from the new coronavirus low despite a series of missteps that beg the question of whether it can prevent future waves of infections

Airline stocks soar as American, United add back…

Airline stocks have soared on news that the carriers are bringing back more flight in July

Walt Disney World To Begin Phased Reopening In…

Disney plans to reopen Magic Kingdom and Animal Kingdom on July 11. Epcot and Hollywood Studios will open their gates July 15.

The Latest: Czechs lift restrictions on regional…

The Czech Republic is lifting all restrictions on travel to neighboring Austria and Germany and also Hungary

Study on safety of malaria drugs for coronavirus…

Several authors of a large study that raised safety concerns about malaria drugs for coronavirus patients have retracted the report

France Unveils $8.8 Billion Plan To Save Its Auto…

French President Emmanuel Macron said he wants to make France the leading producer of clean vehicles in Europe.

Asia Today: India's daily virus cases surge by…

India’s Health Ministry has reported another record spike in new coronavirus cases — more than 9,800 in the past 24 hours

Washington state gets back millions in stolen…

Washington officials say they believe they have recovered about half of the hundreds of millions in unemployment benefits paid to criminals who used stolen identities to file claims during the coronavirus pandemic

Tesla Drops Lawsuit Against Alameda County Over…

The company dismissed the lawsuit after it reached an agreement with Alameda County to resume production.

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New Zealand military buys 5 Lockheed Hercules planes for $1B

New Zealand’s military says it's buying five Lockheed Martin Super Hercules transport planes for $1 billion

Mall owner sues Gap for rent on…

Gap is being sued for refusing to pay rent for stores temporarily closed during the coronavirus pandemic

Johnson & Johnson Discontinues Talc-Based Baby…

Over the years, 19,400 lawsuits have alleged the company's talc-based baby powder contains asbestos.

How major US stock indexes fared Thursday

Wall Street paused on Thursday, and the S&P 500 fell 0.3% for its first loss in five days

US public schools need major building repairs, report finds

A federal report finds that the majority of U.S. public school districts need to make major building repairs in at least half of their schools

West Virginia sues Rite-Aid, Walgreens over pain pill flood

West Virginia's attorney general has filed a lawsuit accusing Rite-Aid and Walgreens of failing to monitor and report suspicious orders of prescription painkillers

Soccer club Tottenham among firms to tap virus…

British Airways, Marks & Spencer and even Premier League soccer club Tottenham Hotspur are among 53 big companies to take advantage of a special coronavirus loan scheme from the Bank of England to tide them over during the pandemic

American Airlines, eBay rise; Smartsheet, Cloudera fall

Stocks that moved heavily or traded substantially on Thursday: American Airlines, eBay rise; Smartsheet, Cloudera fall

US commercial casinos won $43.6 billion in 2019…

Commercial casinos in the U.S. won $43.6 billion from gamblers last year, an increase of nearly 4% from the previous year

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Closing prices for crude oil, gold and other commodities

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

You're not the only one skeptical of the stock…

Much of Wall Street is still skeptical of the huge surge for stocks over the last two months

Average 30-year mortgage rates rose slightly to 3…

Long-term mortgage rates increased slightly as the U.S. economy showed signs that worst might be over from the coronavirus recession