Business Stories from July 28, 2020 (Change date)
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Virgin Galactic shows off passenger spaceship cabin interiorJul 28, 2020 7:00 am - LOS ANGELES (AP) - Passengers flying Virgin Galactic on suborbital trips into space will be able to see themselves floating weightless against the backdrop of the Earth ...
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Revel suspends NYC scooter service after 2nd fatal crashJul 28, 2020 7:00 am - NEW YORK (AP) - Ride-sharing scooter startup Revel said Tuesday it is suspending operations in New York City after a second fatal crash in less than two weeks. Revel twe...
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US consumer confidence tumbles in July as COVID-19 spreadsJul 28, 2020 7:00 am - WASHINGTON (AP) - U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country. The Conference Board, a Ne...
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GOP's jobless benefit plan could mean delays, states warnJul 28, 2020 7:00 am - 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 months of delayed p...
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Nissan expects second straight year of red ink amid outbreakJul 28, 2020 7:00 am - TOKYO (AP) - Nissan reported a 285.6 billion yen ($2.7 billion) loss for April-June, as the Japanese automaker's sales crashed amid the coronavirus pandemic and it strug...
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Struggling merchants, insurers battle over pandemic coverageJul 28, 2020 7:00 am - Restaurants, bars and other merchants struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers that in turn co...
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Malaysian ex-PM Najib given 12 years in jail in 1MDB scandalJul 28, 2020 7:00 am - KUALA LUMPUR, Malaysia (AP) - A Malaysian court sentenced former Prime Minister Najib Razak to serve 12 years in prison on Tuesday after finding him guilty in the first ...
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US-China spats rattle world, prompting calls for unityJul 28, 2020 7:00 am - BEIJING (AP) - Antagonisms between the United States and China are rattling governments around the world, prompting a German official to warn of 'œCold War 2.0'ť and Ken...
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Nike drops plans for manufacturing plant near PhoenixJul 28, 2020 7:00 am - PHOENIX (AP) - Nike said Tuesday it's withdrawing plans to make soles for its Nike Air shoes in a Phoenix suburb because of the coronavirus pandemic. The company had pla...
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Pfizer sales take a hit during pandemicJul 28, 2020 7:00 am - Fairless Hills, PA (AP) - Pfizer reported a 32% plunge in second-quarter profit, mainly due to the global coronavirus pandemic limiting marketing of and new prescription...