Trump unveils Safer Affordable Fuel-Efficient Vehicles rule
President Trump unveiled the Safer Affordable Fuel- Efficient (SAFE) Vehicles rule on Thursday in an effort to make cars more affordable for low-income Americans.
Cruises banned through September over coronavirus spread, CDC says
The CDC announced Thursday that cruise ships won’t be allowed to sail in U.S. jurisdictions until at least Oct. 1.
Netflix names Ted Sarandos co-CEO, shares 'formal' role with Reed Hastings
COVID-19 has Netflix watchers glued to the streaming giant but the pace may not be sustainable.
These 5 states saw the biggest increases in unemployment claims last week
Another 1.3 million workers filed for unemployment benefits last week. These states saw the highest number of applications.
Abigail Disney slams Disney World reopening as coronavirus spreads
Walt Disney Company heiress Abigail Disney continued to criticize the company this week, calling out company executives for their compensation and questioning the safety of reopening theme parks as the coronavirus continues to spread.
Big tech leads decline as job losses top 51M
Initial jobless claims for the week ended July 10 totaled 1.3 million, slightly higher than the 1.25 million that were expected.
Retail investors snapping up stocks amid coronavirus volatility: Charles Schwab
Charles Schwab added 552,000 new brokerage accounts in the second quarter as total client assets swelled 11 percent to $4.11 trillion.
At Disney World: No mask, no on-ride photos
Per the company's existing policy, Disney does not share photos with guests who are acting in an unsafe manner.
Cuomo bans to-go alcohol sales at New York bars, restaurants
Patrons will have to be seated and ordering food to drink alcoholic beverages at New York restaurants, Gov. Andrew Cuomo announced.
Macy's paid $9M in bonuses to top executives after slashing 3,900 jobs
A month before the coronavirus-related shutdowns started, the retailer said it would close about 125 stores -- roughly one-fifth of all locations -- and cut 2,000 jobs over the next three years.
Lawyer for Minnesota small business group claims governor 'acting like a drunken monarch' with coronavirus orders
The Free Minnesota Small Business Coalition, which includes leading individual businesses and several state legislators, claims that Walz’s orders amount to improper legislative action and that the statute that allows emergency declarations for an “act of nature” does not apply to a pandemic.
European Central Bank hits pause on stimulus, urges leaders to act on economy
The ECB hit pause Thursday after deploying massive stimulus measures in recent weeks, calling on government leaders to do their part by agreeing on an EU-wide fund to support regions hardest hit
What's the lowest rate ever for a 30-year fixed mortgage?
The rate on a 30-year fixed mortgage fell to a historic low of 2.98 percent in the week ended July 16.
As coronavirus cases spike, CVS, Target to make coronavirus face coverings mandatory at all locations
CVS and Target already require its store employees to wear face coverings.
Cash crunch at retailers stings suppliers during pandemic
Brands typically give retailers a period of time, such as 30 days, to pay for products they provide on credit. Since the pandemic, some retailers have extended payment terms in an effort to conserve cash. Some others have filed for bankruptcy, such as J.C. Penney Co. and J.Crew Group Inc., while still others continue to pay on time.
Norwegian Cruise Line seeks $1.175B to navigate coronavirus
Norwegian Cruise Line Holdings plans to raise $1.175 billion through a sale of stock and debt.
Job openings falling again as resurgence of coronavirus, lockdowns threaten economic recovery
The number of job openings in the U.S. is starting to shrink again as a resurgence of the coronavirus — and business shutdowns — threatens to derail the nation's gradual economic recovery.
California 'Karen' wants half of $100K raised for Starbucks barista
The donations started to roll in last month to a GoFundMe created by Matt Cowan after she posted to Facebook that she was refused service by Lenin Gutierrez for going against the county’s and store's coronavirus guidelines.
Abbott beats forecasts on strong COVID-19 testing business
Revenue from the company's diagnostics segment rose 23% to $857 million as demand surged for Covid-19 tests. Abbott's diagnostics growth was fueled by its sales of both lab-based tests and on-site tests.
US retail sales jump 7.5% in June, but economy still ails
U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the coronavirus spiked again and dragged down hopes for a steady recovery.



















