Pelosi pledges 'imminent' relief for US airlines, urges industry to delay thousands of furloughs
House Speaker Nancy Pelosi on Friday asked airlines to delay tens of thousands of planned furloughs, vowing that additional government relief is "imminent" for the coronavirus-battered industry.
Uber lands $500M investment for freight business
The rideshare giant says it will still maintain majority ownership in Uber Freight and plans to use the funds to "accelerate product innovation."
Ford hauls in best Q3 pickup sales since 2005
Sales of the F-Series and Ranger increased 4 percent combined.
Pilots left with an uncertain future as the airline industry loses funding
The airline industry is bracing for mass layoffs as federal funding for the CARES Act runs out. One commercial pilot says there is a strong risk of being laid off while a pilot instructor at an Atlanta aviation school says he has already been furloughed.
LeBron James closes on $37M home in Beverly Hills: Report
The 1930s-built Mediterranean-style home has a long Hollywood history.
Investor bets $180M on Amazon, Facebook, Netflix, Google call options
Netflix, Amazon, Facebook and Google may see volatility after a huge options bet.
Former Twitter CEO says some capitalists 'going to be the first' to be 'shot in the revolution'
Former Twitter CEO Dick Costolo said some capitalists "are going to be the first" to be "shot in the revolution" in a tweet Wednesday.
Can a coronavirus-zapping robot help sports get back to normal?
Xenex CEO on sports, fighting coronavirus
Boeing announces 787 production moving to South Carolina in 2021
Boeing Co. on Thursday announced plans to end 787 aircraft production in Washington state and consolidate its assembly in South Carolina starting in mid-2021.
Senate votes to subpoena Facebook, Alphabet, Twitter ahead of 2020 election
The Senate Commerce Committee on Thursday voted to subpoena Facebook, Google and Twitter ahead of Nov. 3 to discuss bias and disinformation.
California heat wave spurs warning to conserve energy to avoid rolling blackouts
Another round of broiling heat across much of California on Thursday has spurred the state's power grid operator to ask residents to conserve electricity to avoid rolling blackouts.
New Ford CEO replaces CFO, pledges stronger profit margins
Farley says in the statement that Ford has made progress under retiring CEO Jim Hackett, but he wants to speed up its transformation, which has been in the works for over a year.
PepsiCo sees strong annual profit as snacks, sodas thrive in pandemic
People spending more time working from home and taking online classes has led to a rise in demand for salty snacks, boosting demand for PepsiCo's Tostitos, Cheetos and Doritos from households across North America.
Google to pay news publishers $1B for new product
Google may have announced several new devices on Wednesday, including new Pixel phones and Nest speakers, but its new $1 billion commitment to pay news publishers for a new Google News initiative may arguably have a larger impact.
United Airlines said the aid impasse forces it to furlough 13,000 workers
The passenger airlines and their labor unions are lobbying for taxpayer money to pay workers for six more months
Apple rolling out gender-neutral Santa Claus, other emojis
A new gender neutral Santa Claus emoji, known as Mx Claus, is coming to town, according to an iOS 14.2 beta release Wednesday reviewed by Emojipedia
Southwest Airlines discloses additional $94M in payroll support from US government
According to the airline, the $94 million represents the remaining funds allotted under the $25 billion bailout from Congress passed in March, which is set to expire on Oct.1, and is in addition to the Southwest's initial allocation of nearly $3.3 billion.
American Airlines announces furlough of 19,000 workers to begin Thursday
American Airlines will begin furloughing 19,000 employees on Thursday after lawmakers and the White House failed to agree on a broad pandemic-relief package that includes more federal aid for airlines.
Stocks rally on Mnuchin-Pelosi stimulus hopes and record home sales
Strong home sales and jobs data helped ease investor concerns over the chaotic Trump-Biden debate.
Disney’s pay-equity class action lawsuit takes legal turn
The Walt Disney Co. has taken a hit in the pay-equity class-action lawsuit the House of Mouse was slapped with in 2019.



















