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Business

Wall Street stocks claw back a chunk of last week’s losses

Stocks shrugged off a wobbly start to finish solidly higher on Wall Street Monday, as the market clawed back half its losses from last week. The S&P 500 rose 1.5% after having been down 0.3%. The market rallied after a much healthier-than-expected report on the housing market put ...

Billions of dollars in aid for small businesses go unclaimed

NEW YORK (AP) — Billions of dollars offered by Congress as a lifeline to small businesses struggling to survive the pandemic are about to be left on the table when a key government program stops accepting applications for loans. Business owners and advocacy groups complain that the money in ...

Domino’s Pizza expands its delivery options, home buying moves online

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the national and global response, the work place and the spread of the virus. ¯¯¯ FOOD SERVICE: — Domino’s Pizza is now offering carside ...

Stocks sink as COVID-19 cases jump, forcing states to backtrack

Stocks on Wall Street fell sharply Friday as confirmed new coronavirus infections in the U.S. hit an all-time high, prompting Texas and Florida to reverse course on the reopening of businesses. The combination injected new jitters into a market that’s been mostly riding high since April on ...

UK tour operator scraps Florida visits over Disney measures

LONDON (AP) — Europe’s biggest travel and tourism company, TUI, is cancelling all holidays to Florida from the U.K. until December following the introduction of new hygiene rules at Walt Disney World Resort, including the mandatory use of face coverings. The firm said Friday it made the ...

Banks lead gains for stocks on Wall Street in jumpy trading

Financial companies led stocks broadly higher on Wall Street Thursday as traders welcomed news that the Federal Reserve and other regulators are removing some limits on the ability of banks to make investments. The S&P 500 climbed 1.1% following a jumpy day of trading. At one point, the ...

Pandemic takes a bite, Chuck E. Cheese files for bankruptcy

Chuck E. Cheese - where kids could be kids while parents nursed headaches - is filing for bankruptcy protection. The 43-year-old chain, which drew kids with pizza, video games and a singing mouse mascot, was struggling even before the coronavirus pandemic. But it said the prolonged closure of ...

Stocks slide on Wall Street as new coronavirus cases surge

Wall Street’s recent rally hit a snag Wednesday as new coronavirus cases in the U.S. climbed to the highest level in two months, dimming investors’ hopes for a relatively quick economic turnaround. The S&P 500 skidded 2.6%, shedding its gains for the week and leaving it nearly in the ...

US inmates got virus relief checks, and IRS wants them back

BOISE, Idaho (AP) — Hundreds of thousands of dollars in coronavirus relief payments have been sent to people behind bars across the United States, and now the IRS is asking state officials to help claw back the cash that the federal tax agency says was mistakenly sent. The legislation ...

US agency probes touch-screen failures in Tesla Model S

DETROIT (AP) — Complaints that Tesla’s giant touch screens can fail have drawn the attention of U.S. safety regulators. The National Highway Traffic Safety Administration says in documents that it’s investigating failures in the 2012 through 2015 Tesla Model S. Documents posted ...