July 28, 2020

Best Buy to join other major retailers in closing for Thanksgiving Day

Following Target, Walmart and several other retailers, Best Buy announced Tuesday it will close on Thanksgiving and offer some of its holiday deals earlier. “We […]
July 28, 2020

Despite booming sales of PPE, 3M posts double-digit declines for Q2

3M reported double-digit declines in second-quarter sales and profits, falling short of Wall Street forecasts, as coronavirus-induced economic distress continued to dog the giant manufacturer. […]
July 28, 2020

GOP tucks $8 billion for military weaponry in virus bill

WASHINGTON — A new $1 trillion COVID-19 response package by Senate Republicans is supposed to give the government more weapons to battle the surging coronavirus […]
July 28, 2020

Victoria's Secret owner to cut 850 corporate jobs

NEW YORK — The owner of Victoria’s Secret and Bath & Body Works said Tuesday that it is cutting 850 office jobs, or about 15% […]
July 28, 2020

TV viewers welcome baseball back, at least for now

NEW YORK — Perhaps sensing the abbreviated season might not last long, television viewers welcomed baseball back with open arms from its coronavirus hiatus. ESPN’s […]
July 28, 2020

Visa's profits shrink as virus stops consumers from spending

NEW YORK — Credit card processing giant Visa Inc. said its fiscal third quarter profit fell by 23% from a year ago, undercut by the […]
July 28, 2020

Virgin Galactic shows off passenger spaceship cabin interior

LOS ANGELES — Passengers flying Virgin Galactic on suborbital trips into space will be able to see themselves floating weightless against the backdrop of the […]
July 28, 2020

AMC, Universal agree to shorten window after 'Trolls' tiff

NEW YORK — In a sign of how the pandemic is remaking Hollywood traditions, AMC Theatres and Universal Studios on Tuesday announced an agreement for […]
July 28, 2020

3M and Omnicom fall, while Pfizer and Cummins rise

NEW YORK — Stocks that moved heavily or traded substantially on Tuesday: 3M Co., down $7.91 to $155.33. The maker of n95 masks and other […]
July 28, 2020

GOP's jobless benefit plan could mean delays, states warn

A Republican proposal to slash the $600 weekly benefit boost for those left jobless because of the coronavirus shutdown could result in weeks or even […]
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