July 30, 2020

Record surge in daily shipping volumes for UPS in 2Q

UPS is reporting a profit of $1.77 billion with the pandemic fueling a 21% surge in daily shipping volume, the largest quarterly increase ever recorded […]
July 30, 2020

Pandemic hits Comcast 2Q; new Peacock service has 10M users

NEW YORK — The coronavirus pandemic took a toll on Comcast in the second quarter as movie theaters closed, theme parks shut down and advertisers […]
July 30, 2020

The Latest: South Africa now at 471,000 coronavirus cases

JOHANNESBURG — South Africa’s confirmed coronavirus cases are now above 471,000 as the country with the world’s fifth-largest confirmed caseload makes up well over half […]
July 30, 2020

Trump vs. Biden: Where they stand on health, economy, more

WASHINGTON — President Donald Trump and his Democratic challenger, Joe Biden, both promise sweeping progress over the next four years –- via starkly different paths. […]
July 30, 2020

Lawmakers batter Big Tech CEOs, but don't land many blows

WASHINGTON — Congressional lawmakers finally got a chance to grill the CEOs of Big Tech over their dominance and allegations of monopolistic practices that stifle […]
July 30, 2020

Boston Scientific earnings beat estimates, stock rises

Medical device maker Boston Scientific Corp. on Wednesday posted a surprise adjusted quarterly profit and said demand for elective procedures picked up pace in July […]
July 29, 2020

Spirit warns of layoffs; aid for contractors being examined

Spirit Airlines is warning employees that it could furlough up to 30% of its roughly 9,000 workers in October, when federal payroll-help money runs out. […]
July 29, 2020

Senator, union leader: Postal Service considers downsizing

CHARLESTON, W.Va. — The U.S. Postal Service is considering closing post offices across the country, sparking concerns ahead of an anticipated surge of mail-in ballots […]
July 29, 2020

Wall Street rallies as Fed keeps rates pinned at record low

NEW YORK — Wall Street rallied on Wednesday, and the S&P 500 climbed 1.2% for its best day in two weeks after the Federal Reserve […]
July 29, 2020

Mask mandate isn't playing well on some factory floors in Minnesota

Gov. Tim Walz’s mask mandate has irked some Minnesota business leaders who see the move as excessive and an affront to keeping peace inside factories. […]
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