Business Stories from July 10, 2020 (Change date)
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Electric vehicle startup Rivian gets $2.5B in added fundingJul 10, 2020 10:30 am - DETROIT (AP) - Electric vehicle startup Rivian says it has raised another $2.5 billion in funding from accounts advised by investment firm T. Rowe Price. The company has...
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Summer getaway can begin: New UK quarantine rules in placeJul 10, 2020 8:00 am - LONDON (AP) - The traditional British summer getaway to the sun-soaked beaches of the Mediterranean Sea is set to pick up steam Friday as U.K. quarantine restrictions ar...
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Amazon says email to employees banning TikTok was a mistakeJul 10, 2020 6:30 pm - Roughly five hours after an internal email went out Friday to Amazon employees telling them to delete the popular video app TikTok from their phones, the online retailin...
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US wholesale prices fell 0.2% in June as food costs plungedJul 10, 2020 8:00 am - WASHINGTON (AP) - U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices. The Labor Department said the drop i...
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Wall Street rallies as optimism returns to cap erratic weekJul 10, 2020 4:00 pm - NEW YORK (AP) - Optimism returned to Wall Street on Friday, and stocks rallied to cap a shaky week dogged by worries that rising coronavirus counts may halt the economy'...
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Shipbuilder files complaint over union threats during strikeJul 10, 2020 5:01 pm - Navy shipbuilder Bath Iron Works on Friday filed a complaint with the National Labor Relations Board, accusing its largest union of threatening workers who cross the pic...
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'A slap in the face:' Goya faces boycott over Trump praiseJul 10, 2020 5:05 pm - NEW YORK (AP) - The CEO of food company Goya is facing an uproar over his praise for President Donald Trump, with some Latino families purging their pantries of the prod...
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Grains mostly lower, livestock higherJul 10, 2020 3:01 pm - Wheat for Jul. rose 9.50 cents at 5.3575 a bushel; Jul. corn lost 10.75 cents at 3.4050 a bushel, Jul. oats was off 1.75 cents $3.3925 a bushel; while Jul. soybeans fell...
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Gilead Sciences, Matson rise; WD-40, Eli Lilly fallJul 10, 2020 3:30 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Friday: WD-40 Co., down $6.44 to $194.06. The lubricant maker reported disappointing second-quarter...
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Facebook's software kit to blame for popular apps crashingJul 10, 2020 8:30 pm - OAKLAND, Calif. (AP) - Friday's widespread crashes of popular apps running on the iPhone's iOS operating system - including Tinder, Spotify and Pinterest - serve as a re...
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