September 15, 2020

Kohl's to cut 15% of office jobs due to virus-related slump

NEW YORK — Kohl’s, whose sales have been hurt by the pandemic, said Tuesday that it will cut 15% of its office workers to save […]
September 15, 2020

Struggling Kraft Heinz sells dairy brands to Lactalis

Kraft Heinz said Tuesday that it is selling its natural cheese business — including its Cracker Barrel and Breakstone’s brands — to French dairy company […]
September 15, 2020

FedEx posted $1.25B profit as business deliveries improved

NEW YORK — FedEx earned $1.25 billion in its latest quarter, as online shopping remained popular among customers avoiding stores and shipments between businesses improved. […]
September 15, 2020

Some JPMorgan traders catch COVID as bank reopens offices

NEW YORK — A number of JPMorgan Chase traders have been sent home after employees tested positive for COVID-19, less than a week into the […]
September 15, 2020

Kraft, Fiat rise; Carnival, Charles Schwab fall

NEW YORK — Stocks that moved heavily or traded substantially Tuesday: Fiat Chrysler Automobiles N.V., up 88 cents to $12.81. The automaker is cutting its […]
September 15, 2020

3M to spend $50M on Twin Cities equity initiatives

3M plans on investing $50 million to bolster racial equity in the Twin Cities over the next five years, including through scholarships and donations to […]
September 15, 2020

Foreman: No problems loading cars onto ship that overturned

BRUNSWICK, Ga. — A foreman who oversees dock workers at Georgia’s busy shipping terminal for automobiles said Tuesday he saw no problems as hundreds of […]
September 15, 2020

Experts worry as US virus restrictions are eased or violated

PROVIDENCE, R.I. — State and local officials around the U.S. are rolling back social-distancing rules again after an abortive effort over the summer, allowing bars, […]
September 15, 2020

Madonna to direct, co-write biopic about herself

NEW YORK — A biopic about Madonna has found a uniquely qualified director: Madonna, herself. Universal Pictures announced Tuesday that the studio is developing an […]
September 15, 2020

Apple debuts discount watch, but no new iPhones … yet

SAN RAMON, Calif. — Apple introduced a cheaper version of its smartwatch, its latest attempt to broaden the appeal of its trend-setting products while many […]