August 25, 2020

American Airlines plans 19,000 furloughs, layoffs in October

DALLAS — American Airlines said Tuesday it will eliminate 19,000 jobs in October as it struggles with a sharp downturn in travel because of the […]
August 25, 2020

July sales of new homes surge 13.9%, far more than thought

SILVER SPRING, Md. — Sales of new homes jumped again in July, rising 13.9% as the housing market continues to gain traction following a spring […]
August 25, 2020

Hormel's sales soar at grocery stores, drop at restaurants

As Americans settle into life during a pandemic, Hormel is adjusting to changes in where and what they eat. The Austin, Minn.-based food company surpassed […]
August 25, 2020

US consumer confidence falls for second month in August

WASHINGTON — U.S. consumer confidence fell for second straight month in August as a resurgence of virus cases in many parts of the country heightened […]
August 25, 2020

Pompeo shattering precedent, sparking fury with RNC speech

WASHINGTON — Secretary of State Mike Pompeo sent a cable to all U.S. diplomatic missions last month warning American diplomats that under federal law they […]
August 25, 2020

Life Time sues insurer over $130 million in unpaid COVID-19 losses

The Chanhassen-based fitness giant Life Time Inc. has sued its insurance company for $130 million for allegedly failing to cover losses tied to the COVID-19 […]
August 25, 2020

S&P CoreLogic Case-Shiller: US home prices rise 3.5% in June

WASHINGTON — U.S. home prices rose at a slightly slower pace in June, but the U.S. housing market continued to show resilience in the face […]
August 25, 2020

Best Buy's online sales more than triple to highest ever

Best Buy boasted its strongest online sales ever as shoppers clicked and bought items like computers and tablets as they were forced to work, learn, […]
August 25, 2020

Medtronic's income down 44% in second quarter, but still better than expected

Medtronic’s net income dropped more than 40% in its first quarter, but still, it was better than expected, the company said. Medtronic — mainly run […]
August 25, 2020

AP-NORC poll: Many in US shoring up finances amid downturn

WASHINGTON — It’s the paradox of a pandemic that has crushed the U.S. economy: 12.9 million people have lost a job and a dangerous rash […]
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