Latest Business News
Nevada lawmakers OK mail ballots, virus liability protection
CARSON CITY, Nev. (AP) — After Wednesday night hearings continued into Thursday morning, Nevada's part-time Legislature concluded an emergency special session called to address problems that have arisen amid the ongoing coronavirus pandemic and the national reckoning over police abuses of Black people....
Uber lost $1.8B in 2Q as riders stayed home and ordered in
NEW YORK (AP) — Uber lost $1.78 billion in the second quarter as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to reduce the spread of the coronavirus. Its food delivery business grew as more people ordered in, but that growing part of its business...
More crews arrive in Connecticut, state probing utilities
HARTFORD, Conn. (AP) — Hundreds of more crews from out of state were arriving in Connecticut on Thursday to help restore power to nearly 580,000 homes and businesses that remained in the dark after Tropical Storm Isaias, as state officials announced an investigation into electricity utilities amid mounting...
The Latest: Oklahoma governor contracts COVID-19 from hugs
OKLAHOMA CITY — Oklahoma governor spokesperson Charlie Hannema said Thursday that Republican Gov. Kevin Stitt, the first governor in the nation to test positive for the coronavirus, was infected when he hugged two friends from Tulsa. At least one of the two men, whom Hannema did not identify, later tested...
New York attorney general seeks to dissolve NRA
NEW YORK (AP) — New York’s attorney general sued the National Rifle Association on Thursday, seeking to put the powerful gun advocacy organization out of business over claims that top executives illegally diverted tens of millions of dollars for lavish personal trips, no-show contracts for...
4 Ohio operatives plead not guilty in $60M bribery probe
COLUMBUS, Ohio (AP) — Four Ohio lobbyists and political operatives pleaded not guilty Thursday to charges they conspired as part of what one defendant called an “unholy alliance” aimed at bailing out two aging Ohio nuclear power plants. Former Republican House Speaker Larry Householder and...
How major US stock indexes fared Thursday
Stocks closed higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high. Technology and communication services stocks powered the rally, which extended the S&P 500's winning streak to a fifth day. The benchmark index is now...
Michigan mask requirement extended to day cares and camps
LANSING, Mich. (AP) — Gov. Gretchen Whitmer on Thursday extended her mask requirement to include many children who attend day care and camps, saying the step is necessary to ensure that such facilities can remain open and safe during the coronavirus pandemic. Previously, child care centers and camps were...
Wall Street perks up as S&P 500 pulls within 1.1% of record
NEW YORK (AP) — Stocks perked higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high. The S&P 500 rose 21.39, or 0.6%, to 3,349.16, as investors also waited for Congress and the White House to reach a hoped-for deal on...
Trump, McConnell huddle; virus aid talks at risk of collapse
WASHINGTON (AP) — President Donald Trump huddled at the White House Thursday with the Senate's top Republican over a vital COVID-19 rescue package, but hopes on Capitol Hill for a deal were souring and there was increasing worry that GOP negotiations with Democrats might collapse. The impasse in the...
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