Hugh Downs, the versatile and Emmy-winning broadcaster whose decades-long TV career ranged from anchoring ABC News' "20/20" to the "Today" show to serving as Jack Paar's sidekick on "The Tonight Show," has died at his home in Scottsdale, Arizona. He was 99.
Wall Street is cheering the better-than-expected June jobs report Thursday, but investor enthusiasm waned as the day wore on.
The latest US jobs report is expected to show that America's labor market continued to bounce back in June as businesses reopened and employees returned to work.
The US unemployment rate fell to 11.1% as the economy added a record 4.8 million jobs in June, the Bureau of Labor Statistics reported on Thursday.
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Nordstrom was one of a few select retailers selling the latest model of Nike Dunks athletic shoes, but some sneaker enthusiasts came up empty-handed after the luxury department store chain oversold its stock.
California authorities are suing Cisco and two of its employees for allegedly discriminating against an Indian engineer because he was from a lower caste than them.
The US House passed an extension of the $660 billion Paycheck Protection Program fewer than 24 hours after the program shut its doors, moving one step closer to reopening the cornerstone small business coronavirus relief effort.
Coca-Cola is shutting down the juice and smoothie brand Odwalla at the end of July.
Elon Musk's electric car business exceeds the value of almost every company in the S&P 500, including some iconic American companies.
Major automakers reported a more than 30% drop in US sales in the second quarter, the biggest plunge in sales since the Great Recession and the auto bankruptcies of 2009.
The pandemic has boosted demand for several products. Sales of toilet paper, hand sanitizer and canned goods all grew dramatically in the early days of the crisis.
Fox News said Wednesday that Ed Henry, one of its top news anchors, has been fired after an investigation into an allegation was leveled by a former employee.
NPC International, the operator of 1,200 Pizza Hut and nearly 400 Wendy's restaurants in the United States, has filed for bankruptcy.
The US Senate, just hours before the expiration of the small business loan Paycheck Protection Program, passed an extension of the program to August 8.
For months, Amazon has refused to reveal data on the number of coronavirus cases inside its warehouses by claiming the data itself "isn't particularly useful," frustrating workers and critics hoping for a clearer picture of infections within what have become critical hubs for home supplies.
Adidas' global head of human resources, Karen Parkin, is leaving the company less than a month after a group of employees reportedly asked the company to investigate her for alleged racial discrimination.
Wearing a face mask during the pandemic saves lives. And it may save the economy, too, according to Goldman Sachs.
Airbus will cut about 15,000 jobs, or more than 10% of its workforce, over the next 12 months as it comes to terms with a plunge in demand for new aircraft due to the travel crisis caused by the pandemic.
A New York judge on Tuesday temporarily blocked the publication of an unflattering tell-all book written by President Trump's niece that Simon & Schuster is set to publish in July.
JCPenney's financial situation in the months leading up to its bankruptcy filing was much worse than originally thought.
Just a few weeks after it lost out on a high-profile deal to acquire food delivery company Grubhub, Uber hasn't given up on bolstering its own meal delivery service with an acquisition.
The biggest mall owner in America says it's time to go shopping again.
Walgreens is hoping a new slate of tech tools will help it build stronger relationships with customers and keep pace with the rapidly occurring tech transformation in the pharmacy industry.
Need a good example of the immense challenge of managing a fragile economic recovery? Look no further than movie theaters.
The coronavirus pandemic dealt a devastating blow to restaurants.
Royal Dutch Shell is writing down the value of its assets by as much as $22 billion as lower oil prices push the Anglo-Dutch company to accelerate a shift away from fossil fuels.
CNN's parent company has made a big decision: CNN Center, the network's landmark building in Atlanta, is going up for sale.
AMC Theatres is pushing back its reopening by two weeks after movie studios further delayed two summer blockbuster premieres that could be key to getting people to come back to theaters.
Amazon is giving out more than $500 million as a "Thank You bonus" to front-line workers who were with the company throughout the month of June, a move that comes after the e-commerce giant eliminated a $2 hourly wage bump and double overtime pay for frontline workers at the end of May.
An emergency program run by the Federal Reserve now owns bonds issued by Warren Buffett's Berkshire Hathaway.
Twitch, the video streaming service popular with online gamers, has suspended an account belonging to the Trump campaign, becoming the latest tech platform to take action against President Donald Trump.
Pinterest has hired an outside legal team to examine its workplace culture in response to accusations of racism and discrimination by two former employees.
Cirque du Soleil, the producer of a number of Las Vegas acrobatic shows, has filed for bankruptcy.
Coty is doubling down on the Kardashians.
BP has agreed to sell its petrochemicals business to Ineos for $5 billion, the latest in a series of asset sales by the UK oil company as it tries to refocus on cleaner energy.
The past few months have been chaotic for Costco customers, with product limitations, long lines and the temporary elimination of free food samples. Now, it appears there's another change for devoted shoppers: Costco has eliminated the iconic half-sheet cakes that are the centerpiece of grad…
Coca-Cola. Berkshire Hathaway. Marriott. Philip Morris. Walmart.
J.Crew, Neiman Marcus, Hertz and Chuck E. Cheese's have two things in common: They all piled on crushing amounts of debt during leveraged buyouts. And they've all filed for bankruptcy during the pandemic.
Global stocks were subdued Monday with Asian markets in the red and Europe flat as the number of coronavirus cases around the world exceeded 10 million and the epidemic accelerated in the United States.
Boeing has received clearance to begin test flights of its troubled 737 Max jet, a spokesperson for the Federal Aviation Administration said Sunday. The test flights of could begin as early as Monday.
Almost every tech giant has its sights on gaming. Even Apple and Google, predominantly known for their hardware and operating systems, have made big bets in games.
In recent weeks, there's been plenty of hand-wringing about the security of the massive rebound in financial markets, with the reopening of many economies looking precarious at best.
L'Oreal, the world's largest cosmetic and beauty company, announced on Friday that it will stop using words like "whitening" and "fair" in describing its products. The announcement comes amid anti-racism protests and calls against racial inequality following George Floyd's death.
It was another exceptionally awful month for retailers.
For years, Facebook has been viewed as one of the only truly indispensable digital advertising platforms for big and small businesses looking to reach the social network's vast audience. Even as the company lurched from one controversy to the next, and endured viral hashtags calling for user…
The company that owns retail chains Urban Outfitters and Anthropologie says it has changed a policy intended to combat shoplifting that allegedly resulted in the racial profiling of customers.
Walmart is facing heat for selling T-shirts that feature variations of the "Black Lives Matter" slogan, including "All Lives Matter," "Blue Lives Matter," "Irish Lives Matter" and "Homeless Lives Matter."
Uber and Lyft could soon be forced to reclassify their drivers in California as employees or cease operating in the state as part of an escalating legal battle over a new law impacting much of the on-demand economy.
A Facebook executive acknowledged Tuesday that the social media giant faces a "trust deficit" amid a widening advertiser revolt over misinformation and hate speech on the platform.
An alarming number of credit card borrowers hurt by the coronavirus recession are complaining that Citibank is treating them unfairly.
This poll is for entertainment purposes only. It is not a scientific poll.
