Business Stories from August 3, 2020 (Change date)
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GM alleges Fiat Chrysler spent millions to bribe UAW leadersAug 03, 2020 7:00 am - DETROIT (AP) - General Motors is asking a federal judge to reconsider his dismissal of a lawsuit against Fiat Chrysler based on new allegations that FCA bribed union off...
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Clorox becomes 'it' brand in world sheltered in placeAug 03, 2020 7:00 am - Sales at Clorox jumped 22% in its most recent quarter with millions of people growing more vigilant about cleaning routines in the pandemic. The company also announced M...
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Retail rout gains pace, Lord & Taylor seeks bankruptcyAug 03, 2020 7:00 am - NEW YORK (AP) - Lord & Taylor, America's oldest retailer, is seeking bankruptcy protection, as is the owner of Men's Wearhouse and Jos. A. Bank, lengthening the list of ...
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Obamacare's unexpected bonus: How the Affordable Care Act is helping middle-aged Americans during the pandemicAug 03, 2020 7:00 am - (The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Marc Cohen, University of Massachusetts...
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Google buys $450M stake in ADT to give Nest a new perchAug 03, 2020 7:00 am - SAN RAMON, Calif. (AP) - Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT Inc., a deal that will open new opportun...
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German laser tech company says gov't blocks exports to ChinaAug 03, 2020 7:00 am - BERLIN (AP) - A German company that specializes in laser communication says it is pulling out of uncompleted deals in China after the German government barred it from de...
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Ferrari lowers guidance after Q2 profits nearly wiped outAug 03, 2020 7:00 am - MILAN (AP) - Italian luxury sportscar maker Ferrari further lowered its full year earnings guidance on Monday after reporting second-quarter profits were nearly wiped ou...
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Sale of Speedway gas stations buys Marathon breathing roomAug 03, 2020 7:00 am - SILVER SPRING, Md. (AP) - The $21 billion sale of Speedway gas stations has bought Marathon Petroleum some breathing room as the global pandemic continues to quash trave...
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As US milk sales rise amid pandemic, "Got milk?" ads returnAug 03, 2020 7:00 am - The dairy industry has a familiar question for you: 'œGot milk?'ť Six years after the popular tagline was retired, 'œGot milk?'ť ads are back. A dairy industry-funded gr...
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Insider Q&A: Basecamp CTO David Heinemeier HanssonAug 03, 2020 7:00 am - David Heinemeier Hansson has made a name for himself as one of the tech industry's more prominent iconoclasts and industry critics. The Danish programmer is a successful...