July 15, 2020

Apple wins big EU court case over $15 billion in taxes

BRUSSELS — A European Union court on Wednesday delivered a hammer blow to the bloc’s attempts to rein in multinationals’ ability to strike special tax […]
July 15, 2020

US industrial production surges 5.4% in June

WASHINGTON — Production at America’s factories, utilities and mines surged last month, but remained well below pre-pandemic levels. The Federal Reserve said Wednesday that U.S. […]
July 15, 2020

As US seeks sourcing, sole US rare earth miner goes public

The sole miner of rare earths in the U.S. is becoming a public company amid elevated trade tensions with China, the dominant global supplier of […]
July 15, 2020

Lisa Lucas, head of National Book Foundation, to join Knopf

NEW YORK — The head of the organization which presents the National Book Awards is joining the Knopf Doubleday Publishing Group. Lisa Lucas, executive director […]
July 15, 2020

Tech entrepreneur's dismembered body found in luxury condo

NEW YORK — The dismembered body of a 33-year-old tech entrepreneur was found inside his luxury Manhattan condo, police said Wednesday. The victim, identified as […]
July 15, 2020

Goldman 2Q profit tops forecast on strong trading revenue

NEW YORK — Goldman Sachs Group Inc.’s second-quarter profit blew past Wall Street’s expectations thanks to strong results from its investment banking and trading businesses. […]
July 15, 2020

UnitedHealth Group profit doubles to $6.6 billion with COVID-19 slowdown

UnitedHealth Group’s second-quarter profit jumped to $6.6 billion — double the earnings from the same period last year — as the nation’s largest health insurer […]
July 15, 2020

U.S. Bancorp sets aside another $1.7 billion for expected coronavirus-related defaults

As economic conditions have worsened, U.S. Bancorp put aside another $1.7 billion to cover loan defaults, another sign that the nation’s biggest banks expect to […]
July 15, 2020

With elective procedures delayed, UnitedHealth profit spikes

The nation’s largest health insurer more than doubled its profit in the second quarter, as COVID-19 shutdowns kept patients out of doctor’s offices and off […]
July 15, 2020

Edmunds compares 2020 Kia Telluride and Toyota Highlander

Upon its debut in 2019 for the 2020 model year, the Kia Telluride decisively captured the top spot in Edmunds’ three-row midsize SUV rankings and […]