July 30, 2020

Ford posts surprise profit on autonomous vehicle unit gain

DETROIT — Ford Motor Co. on Thursday surprised Wall Street by posting a $1.12 billion second-quarter net profit due to gains on its stake in […]
July 30, 2020

Big Tech, hit by the pandemic, reports mixed earnings

Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and […]
July 30, 2020

UPS, Apache rise; Yum China, Citigroup fall

NEW YORK — Stocks that moved heavily or traded substantially on Thursday: Apache Corp., up $2.36 to $16.01. The energy company said it’s made a […]
July 30, 2020

Wisconsin official outlines absentee ballot system upgrades

MADISON, Wis. — State elections officials say they’re making headway on streamlining absentee ballot tracking by using so-called intelligent bar codes, after a crush of […]
July 30, 2020

Dunkin' to close 800 US stores as pandemic hurts sales

CANTON, Mass. — Dunkin’ Brands Inc. expects to close up to 800 underperforming U.S. stores this year as it tries to shore up its portfolio […]
July 30, 2020

Calhoun Beach Athletic Club to close to public Sept. 30

COVID-19 has claimed yet another economic victim, this time the Calhoun Beach Athletic Club in Minneapolis. It will close its doors to the public Sept. […]
July 30, 2020

Zoo officials apologize for display of African man in 1906

NEW YORK — The organization that runs New York’s Bronx Zoo is apologizing for racism in the zoo’s past, including putting Ota Benga, a central […]
July 30, 2020

US average mortgage rates decline; 30-year at 2.99%

WASHINGTON — U.S. average rates on long-term mortgages declined this week, remaining near historic lows as the key 30-year loan slipped back below 3%. Mortgage […]
July 30, 2020

Stakes rise for virus talks as jobless aid lapses, GDP drops

WASHINGTON — Frustrated negotiators of a massive coronavirus relief bill face heightened pressure with Thursday’s brutal economic news and the rapidly approaching lapse in a […]
July 30, 2020

Government revisions show slightly slower 2019 GDP growth

WASHINGTON — The government says the U.S economy grew a bit more slowly last year than it had previously estimated and slightly faster in 2018. […]