Category: Business

Restaurants in the U.S. are in an “economic free fall” amid the ongoing spike in coronavirus cases, with 10,000 establishments around the country having closed temporarily or permanently since the start of September, according to a trade group that is urging Congress to provide immediate financial relief for the beleaguered industry. Restaurant advocates are calling […]

As countries around the globe prepare to inoculate their citizens against the coronavirus, a search for “vaccine” on Amazon, Barnes & Noble and eBay finds an array of books and T-shirts casting doubt on the science behind vaccines. A search for “vaccine” on Amazon.com yielded results leading with two books promoting anti-vaccination theories and an […]

The founders of a company called RagingBull tout themselves as expert stock traders who teach customers how they, too, can become millionaires. In marketing emails they say they’ve found a “hidden bull market” in the COVID-19 pandemic. Federal regulators say the company operators have defrauded consumers out of more than $137 million over the past […]

Lauren Schreiber spent more than a decade earning a doctorate degree on the way to becoming a chiropractor. Now for the hard part: Repaying her $581,000 in student loans. Schreiber, 32, may have to start paying off her loans within a matter of weeks now that a temporary pause in school debt payments granted by […]

Uber is selling off its autonomous vehicles development arm to Aurora Innovation as the ride-hailing company slims down amid a sharp decline in its business due to the coronavirus pandemic. Aurora will acquire the employees and technology behind Uber’s Advanced Technologies Group in an equity transaction, the companies said Monday. Uber will invest $400 million […]

Chick-fil-A is suing several poultry producers, alleging that the companies fixed prices and caused the fast-food chain to pay inflated prices on billions of dollars worth of chicken. The lawsuit, filed in the U.S. District Court for the Northern District of Illinois, comes after the Justice Department in June said a federal grand jury in […]

The U.S. economy’s growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year. That’s the view from the latest survey of the National Association for Business Economics (NABE). It found that 73% of […]