Business Stories from September 2, 2020 (Change date)
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Kendallville printing operation to close, costing 300 jobsSep 02, 2020 9:00 am - KENDALLVILLE, Ind. (AP) - A northeastern Indiana printing operation will close by the end of the year, eliminating more than 300 jobs, its Chicago-based parent company h...
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Macy's posts $431 million loss as sales drop 36%Sep 03, 2020 1:23 pm - NEW YORK (AP) - Macy's got more people to shop on its website and app, but it wasn't enough to make up for plummeting sales inside its department stores. Online sales w...
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Asian stock markets follow Wall Street higherSep 02, 2020 10:30 pm - Asian stock markets rose Thursday after Wall Street turned in its biggest daily gain since July despite uncertainty about the global outlook. Benchmarks in Shanghai, Tok...
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Michael Jordan gets stake in DraftKings for advisory roleSep 04, 2020 8:30 am - SILVER SPRING, Md. (AP) - DraftKings had a big bounce on Wall Street Wednesday on news that basketball legend Michael Jordan is taking an ownership stake in the sports b...
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Swiss authority opens case against Credit Suisse over spyingSep 02, 2020 1:30 am - GENEVA (AP) - Switzerland's financial market oversight body said Wednesday that it has opened 'Å“enforcement proceedings'Å¥ against Credit Suisse in the wake of a spying s...
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Fed survey finds widespread pessimism about economic futureSep 02, 2020 2:31 pm - WASHINGTON (AP) - The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threat...
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Mercedes-Benz unveils new flagship S-Class sedanSep 02, 2020 11:30 am - FRANKFURT, Germany (AP) - Daimler AG on Wednesday unveiled the new version of its Mercedes-Benz S-Class luxury sedan, the company's most important model and one it hopes...
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India bans PUBG, 117 other Chinese apps amid border standoffSep 02, 2020 9:00 am - NEW DELHI (AP) - India on Wednesday banned the widely popular Chinese mobile game PlayerUnknown's Battlegrounds, known by the acronym PUBG, along with 117 other mobile a...
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Australia's economy takes sharpest dive since the 1930sSep 02, 2020 4:30 am - CANBERRA, Australia (AP) - Australia's economy suffered its sharpest economic contraction since the Great Depression due to the pandemic, with data released Wednesday co...
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Business owners tap into savings to withstand pandemicSep 04, 2020 8:25 am - New York (AP) - When the coronavirus outbreak forced cruise lines to cancel trips to Alaska, it wiped out Midgi Moore's tour business, leaving her with thousands of doll...