Business Stories from June 24, 2020 (Change date)
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Australia's Qantas airline to cut 6,000 jobs as virus hitsJun 25, 2020 1:00 am - WELLINGTON, New Zealand (AP) - Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as Australia's largest airline tries to survive...
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FAA orders fix for engine covers of Boeing 737 Max planesJun 24, 2020 2:30 pm - WASHINGTON (AP) - U.S. safety officials will require all Boeing 737 Max airliners to be inspected for a manufacturing defect on engine coverings that they say could lead...
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Detroit police challenged over face recognition flaws, biasJun 24, 2020 8:00 pm - A Black man who was wrongfully arrested when facial recognition technology mistakenly identified him as a suspected shoplifter wants Detroit police to apologize - and to...
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Bayer to pay up to $10.9 billion to settle Monsanto caseJun 24, 2020 12:30 pm - BERLIN (AP) - German pharmaceutical company Bayer says it's paying up to $10.9 billion to settle a lawsuit over subsidiary Monsanto's weedkiller Roundup, which has faced...
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UK watchdog gives Amazon-Deliveroo deal tentative approvalJun 24, 2020 11:00 am - LONDON (AP) - Britain's competition watchdog has provisionally approved Amazon's plan to buy a stake in food delivery company Deliveroo, saying it would not have a nega...
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Algeria's government shaken up amid oil, virus troublesJun 24, 2020 5:00 am - ALGIERS, Algeria (AP) - Algeria's president has reshuffled the government to try to fix growing economic problems linked to the country's dependence on oil revenues and ...
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Wirecard scandal puts spotlight on German company regulationJun 24, 2020 4:00 pm - FRANKFURT, Germany (AP) - An accounting scandal at one of Germany's fastest-growing blue-chip companies has raised doubts about the national financial watchdog and, comi...
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Grains mostly lower, livestock lowerJun 24, 2020 3:00 pm - Wheat for Jul. lost 4.75 cents at 4.8125 a bushel; Jul. corn was off .75 cent at 3.2425 a bushel, Jul. oats was up .50 cent $3.0475 a bushel; while Jul. soybeans fell 4....
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Grains mostly lower, livestock lowerJun 24, 2020 3:00 pm - Wheat for Jul. lost 4.75 cents at 4.8125 a bushel; Jul. corn was off .75 cent at 3.2425 a bushel, Jul. oats was up .50 cent $3.0475 a bushel; while Jul. soybeans fell 4....
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IMF downgrades outlook for global economy in face of virusJun 24, 2020 1:00 pm - WASHINGTON (AP) - The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from ...
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