Wall Street's rally gets back on track as tech leads the way

NEW YORK (AP) — Wall Street’s rally got back on track Wednesday after more gains for big technology stocks helped pull the S&P 500 to its sixth gain in seven days. The S&P 500 drifted up and down for most of the day, before a last-hour lift sent it to a gain of 0.8%. Treasury yields and oil...

United will warn 36,000 workers they could be laid off

United Airlines is warning 36,000 employees - nearly half its U.S. staff - they could be furloughed in October, the clearest signal yet of how deeply the virus pandemic is hurting the airline industry. The outlook for a recovery in air travel has dimmed in just the past two weeks, as infection rates rise in much...

United Airlines sending layoff warnings to 36,000 employees, nearly half its work force, as pandemic obliterates travel

CHICAGO (AP) — United Airlines sending layoff warnings to 36,000 employees, nearly half its work force, as pandemic obliterates travel.

Today in History

Today in History Today is Wednesday, July 8, the 190th day of 2020. There are 176 days left in the year. Today’s Highlight in History: On July 8, 2000, Venus Williams beat Lindsay Davenport 6-3, 7-6 (3) for her first Grand Slam title, becoming the first Black female champion at Wimbledon since Althea...

COVID-19 vaccine candidates secure funds; Lysol gets EPA nod

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus. ________________________ FOOD & SHOPPING: — Overall retail sales are expected to...

Novavax, Sunrun rise; Shake Shack, United Airlines fall

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Livongo Health Inc., up $16.13 to $93.76. The digital health company raised its second-quarter revenue forecast. CoreLogic Inc., up $1.66 to $68.67. The company raised its financial forecasts for the year and rejected an...

Asian shares advance following upbeat US jobs report

Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. Tokyo's Nikkei 225 index picked up 0.3% to 22,220.33, while the Shanghai Composite index jumped 1.3% to 3,130.62. In South Korea, the Kospi gained 0.6% to 2,148.24, and Australia's S&P/ASX 200 rose 0.6% to 6,067.30....

US issues guidelines but no new rules for safe air travel

Federal officials said Thursday that airlines should consider limiting capacity on planes to promote social distancing, but they are not considering making the airlines do it. The officials also recommended — but did not move to require — that travelers wear face coverings in airports and on planes....

American and 4 other airlines reach loan agreements with US

DALLAS (AP) — American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic. The Treasury Department said Thursday that it had signed...

Pfizer, FedEx rise; United Airlines, General Mills fall

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: United Airlines Holdings Inc., down 16 cents to $34.45. The airline plans to triple its August flight schedule compared to June. Constellation Brands Inc., up $10.93 to $185.88. The brewer of Corona beer beat Wall Street's...