Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
After lengthy discussion, Royal City food truck ordinance approved
ROYAL CITY — After more than a year of discussion, Royal City has a revised ordinance governing food trucks. “T…
The Latest: SKorea prepares for more restrictions in capital
SEOUL, South Korea --- South Korea has reported 323 new cases of the coronavirus, marking its 16th consecutive day of triple-digit daily jumps, as health officials prepare to tighten social distancing restrictions …
Restaurants, gyms slam California virus rules, see closings
LOS ANGELES (AP) — Owners of restaurants, gyms and nail salons criticized California's new rules guiding when businesses can reopen during the coronavirus pandemic, saying the plan will bring financial misery to th…
FAA faults Chicago for jet that skidded off slick runway
WASHINGTON (AP) — Federal safety officials are proposing a civil penalty of nearly $1.6 million against the city of Chicago after a plane slid off any icy runway at O’Hare Airport last November.
The Latest: 1-year-old Georgia’s youngest COVID-19 victim
ATLANTA - A 1-year-old boy is now Georgia’s youngest victim to die from COVID-19.
Tesla targeted in failed ransomware extortion scheme
BOSTON (AP) — In a tweet, Tesla CEO Elon Musk solved a mystery involving a 27-year-old Russian, an insider at an unnamed corporation and an alleged million-dollar payment offered to help trigger a ransomware extort…
Workday, Nutanix rise; Ollie's, Big Lots fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday:
How major US stock indexes fared Friday
More gains for stocks Friday gave the S&P 500 its fifth straight winning week. That’s the longest weekly winning streak for the benchmark index since December, before the coronavirus pandemic swept the world and se…
The Latest: California unveils new plan to reopen businesses
SACRAMENTO, Calif. -- California Gov. Gavin Newsom is announcing a new process for reopening businesses that is slower and more gradual than what the state tried earlier this summer.
S&P 500 rises to close out longest weekly win streak of 2020
NEW YORK (AP) — The gains keep piling up on Wall Street, and the S&P 500 rallied again on Friday to close out its fifth straight winning week.
Borgata: Ocean Casino is poaching our execs, trade secrets
ATLANTIC CITY, N.J. (AP) —
The Latest: TikTok celebs charged for large parties in LA
LOS ANGELES -- TikTok celebrities Bryce Hall and Blake Gray were charged after hosting two parties in the Hollywood Hills despite a ban on large gatherings during the coronavirus pandemic.
In a week of layoffs in the US, MGM Resorts adds 18,000 more
MGM Resorts is laying off 18,000 people as an unchecked pandemic leaves economic scars across a broad swath of U.S. industries, particularly those that rely on healthy crowds of people.
Patrol: Tesla Autopilot driver was watching movie, crashed
ZEBULON, N.C. (AP) — A Tesla driver, whose car was on Autopilot mode, was watching a movie on his phone when he crashed into a sheriff’s deputy's car, the North Carolina State Highway Patrol said.
Ram pickup recall: Floor mats can interfere with gas pedal
DETROIT (AP) — Fiat Chrysler is recalling over 186,000 Ram pickups and is telling owners to take them to dealers because floor mats can interfere with the gas pedals.
Americans fighting extradition in ex-Nissan boss's escape
BOSTON (AP) — A lawyer for two American men urged a judge Friday to block their extradition to Japan, where they are wanted on charges that they smuggled former Nissan Motor Co. Chairman Carlos Ghosn out of the cou…