Business

Black Friday Sees Record Online As US Shoppers Stay Home

Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones. Consumers spent an estimated $9 billion on U.S. retail...

Virus Keeps Black Friday Crowds Thin, Shoppers Shift Online

NEW YORK (AP) — The raging coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a small beacon of ho...

For Big Tech, Biden Brings A New Era But No Ease In Scrutiny

WASHINGTON (AP) — The Obama-Biden administration was a charmed era for America's tech companies — a moment when they were lionized as innovators, hailed as job creators and largely...

France Resumes Tax On Tech Giants, Seeks Deal With US

PARIS (AP) — France is resuming collection of a special tax on Big Tech companies like Amazon and Facebook despite the threat of U.S. retaliatory tariffs on French Champagne, chees...

Tweet On Spare Change Generates Big Money For Virus Aid

SALT LAKE CITY (AP) — Andy Larsen is a sports writer, but with so many games scratched during the pandemic he has spent a lot of time digging into coronavirus data and its sobering...

Amazon’s Web Service Experiences Outages, Affecting Wide Range Of Internet Services

NEW YORK (VINnews) — Amazon Web Services (AWS) is currently suffering from an outage, taking a significant portion of the internet down with it. Several AWS services were experi...

778,000 Americans Seek Jobless Aid As Layoffs Remain Elevated Amid Resurgence Of Virus

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronav...

Americans Turn Up Heat And Cholupa Sells For $800 Million

NEW YORK (AP)- With millions dining at home for safety and a swing to the spicier side in the U.S. in recent years Cholula, the hot sauce with the distinctive wooden cap and a cult...

Home Depot Agrees To $17.5M Settlement In 2014 Data Breach

BOSTON (AP) — Home Depot has reached a $17.5 million settlement with the attorney generals of 46 states and the District of Columbia over a 2014 data breach that exposed the paymen...

DOW Crests 30,000 Points On Vaccine Hopes, Biden Transition

NEW YORK (AP) The Dow Jones Industrial Average traded above 30,000 points for the first time Tuesday as investors were encouraged by the latest progress on developing coronavirus v...

US Jobless Claims Increase To 742,00 As Pandemic Worsens

WASHINGTON (AP) — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likel...

Trump-Friendly Newsmax A Sudden Competitor To Fox News

NEW YORK (AP) — Now that his largely invisible network has suddenly been flooded by fans of President Donald Trump, Newsmax television personality Grant Stinchfield is puffing out ...

Apple To Cut App Store Fees As Legal Scrutiny Intensifies

SAN RAMON, Calif. (AP) — Apple will cut its app store commissions in half for most developers beginning next year amid an intensifying debate about whether the iPhone maker has bee...

Fed’s Powell Says Virus Spike Threatens U.S. Economy

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the nationwide surge in confirmed coronavirus could slow the economy in the months ahead by discouraging con...

Twitter Launches Disappearing Tweets That Vanish In A Day

NEW YORK (AP) - Twitter is launching tweets that disappear in 24 hours called “Fleets” globally, echoing social media sites like Snapchat, Facebook and Instagram that already have ...

Startup APP Helped Power Trump Campaign

SAN FRANCISCO (AP) — President Donald Trump’s 2020 reelection campaign was powered by a cell phone app that allowed staff to monitor the movements of his millions of supporters, an...

Amazon Opens Online Pharmacy, Shaking Up Another Industry

NEW YORK (AP) — Now at Amazon.com: insulin and inhalers. The online colossus opened an online pharmacy Tuesday that allows customers to order medication or prescription refills,...

Future Of Business Travel Unclear As Virus Upends Work Life

NEW YORK (AP) — Brian Contreras represents the worst fears of the lucrative business travel industry. A partner account executive at a U.S. tech firm, Contreras was used to trav...

BMW Launches Its New Flagship iX Electric SUV With 300 Miles Of Range

FRANKFURT, Germany (AP) — German luxury automaker BMW on Wednesday gave an early look at a new battery-driven SUV that illustrates the company's future plans for electric-powered d...

TikTok Asks Court To Intervene As Trump Order Looms

NEW YORK (AP) — The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal court to interve...