Business
Stocks Drop After President Trump Calls Off Stimulus Talks
Stocks dropped suddenly on Wall Street Tuesday afternoon after President Donald Trump ordered a stop to negotiations with Democrats over another round of stimulus for the economy.
'Dune' Ditches 2020, While AMC Commits to Staying Open
The 2020 theatrical release calendar is getting even slimmer in the wake of the announcement that Regal cinemas are temporarily closing, although AMC, North America's largest theater chain, says it will remain open.
Group Sues to Block California Boardroom Diversity Law
A conservative legal group announced Monday that it sued to block California's first-in-the-nation law that requires hundreds of corporations based in the state to have directors from racial or sexual minorities on their boards.
Hundreds of Regal, Cineworld Movie Theaters to Close
Shares in the company that owns the Regal, Cineworld and Picturehouse movie theaters fell as much as 58% after it said it will temporarily close the venues because the postponement of the latest James Bond film.
Pandemic Pushes Start of Holiday Shopping Earlier Than Ever
Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic
Cineworld May Close US and UK Theaters after Bond Film Delay
Cinema chain Cineworld said Sunday it is considering closing all its movie theaters in Britain and the United States, after the postponement of the new James Bond film left a big hole in schedules.
Long-Term Jobless Caught in a Squeeze that Imperils Recovery
For millions of Americans, unemployment has stretched from weeks into months, and it's become painfully unclear when, if ever, their jobs will come back.
Pope: Market Capitalism Has Failed in Pandemic, Needs Reform
Pope Francis says the coronavirus pandemic has proven that the "magic theories" of market capitalism have failed and that the world needs a new type of politics that promotes dialogue and solidarity.
Chicago's Boystown Drops Moniker, Embraces Greater Inclusiveness
After a recent survey, Northalsted Business Alliance will retire the use of the "Boystown" moniker in marketing for the Chicago neighborhood in order to be more inclusive and welcoming.
Pre-Election Economy: Unemployment Falls, but Hiring Slows
The final jobs report before Election Day a month from now showed hiring slowed in September even as the U.S. unemployment rate fell to 7.9% — a mixed result for President Donald Trump.
Old Drug Turned 'Cash Cow' as Company Pumped Price to $40K a Vial
The seizure drug Acthar was a "premium-priced product" with a "robust cash flow profile" that would help the company "achieve aspirational goals with a single transaction," according to the company's internal discussions.
To Free Doctors From Computers, Far-Flung Scribes Are Now Taking Notes For Them
Augmedix, a startup with 1,000 medical scribes in South Asia and the U.S., is part of a growing industry that profits from a confluence of health care trends — including, now, the pandemic — that are dispersing patient care around the globe.
California Governor Signs Corporate Boardroom Diversity Law
Hundreds of California-based corporations must have directors from racial or sexual minorities on their boards under a first-in-the-nation bill signed Wednesday by Gov. Gavin Newsom.
Google Unveils Latest Pixel Phone, Rolls Out New TV Service
Google will try to make a bigger splash in the smartphone market with a cheaper high-end model while it also aims to expand its presence on bigger screens with a new TV service.
H&M Sees 16% Sales Drop Due to Virus
Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its third quarter sales fell 16% to 51 million kronor ($ 5.7 million), largely as a result of the COVID-19 pandemic.
Gay Couple Among 40K Airline Workers Bracing for Mass Layoffs
In a few days, Jordy Comeaux will be among roughly 40,000 airline workers whose jobs are likely to evaporate in an industry decimated by the coronavirus pandemic.
Disney to Lay of 28,000 at California and Florida Parks
In a letter to employees, Josh DÁmaro, chairman of Disney Parks, Experience and Product, said California's "unwillingness to lift restrictions that would allow Disneyland to reopen" exacerbated the situation for the company.
Vermont Pure CBD: A New Way to Experience the Green Mountain State
Ask anyone and they'll agree; once you cross the Vermont border, something changes in the air. The state offers the best East Coast skiing, outdoor adventures, and now another gem: an emerging CBD industry.
Times' Tax Story is Talker, but Perceptions Mostly Hold
"Bombshell" was a word frequently employed on Monday; how it was used depended on whether you were in Trump-friendly or unfriendly media territory.
TikTok Fate in the Balance as Judge Weighs App Store Ban
Lawyers for TikTok pleaded with a U.S. federal judge on Sunday to delay the Trump Administration's ban of the popular video sharing program from app stores set to take effect at the end of the day.
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