Accolade will acquire Innovation Specialists for $460 million; Poshmark and Petco launch IPO; Apple announces a $100 million diversity plan; President-elect Joe Biden announces $1.9 trillion COVID-19 relief bill; Seth Kirkpatrick reports.
Dr. Fauci warns of new South African Covid variant; Urban Outfitters announces new CEO; Zoom will sell $1.5 billion in stock; GM will sell a new brand of electric delivery vehicles; Seth Kirkpatrick reports.
Chad Wolf resigns as the acting Secretary of the Department of Homeland Security; More tech giants ban Parlor; Walmart seeks to build a fin-tech company; Elon Musk tweet leads to comical trades; Seth Kirkpatrick reports.
Twitter bans President Trump permanently; Apple removes Parlor from the app store; Bed Bath & Beyond experiences decrease in earnings; Budlight will launch hard seltzer lemonade; Seth Kirkpatrick reports.
Goldman Sachs expects additional stimulus under President-elect Joe Biden; Boeing pays $2.5B fine to DOJ; Stocks continue to rise; President Trump banned from Facebook and Instagram until after the inaugruation; Seth Kirkpatrick reports.
President Trump faces controversy over call with Georgia's Secretary of State; Alden Global Capital tries to acquire Tribune Publishing; Bitcoin reaches new record high; Larry King hospitalized from COVID-19; Seth Kirkpatrick reports.
JC Penney CEO will leave the company; Morgan Stanley reimbursing clients for 529 plans; Ticketmaster pays $10 million fine; NBA viewership reaches its highest level since 2012; Seth Kirkpatrick reports.
Pfizer to produce an additional 100 million doses of COVID-19 vaccine; President Trump condemns new potential stimulus package; President-Elect Joe Biden shares insights about U.S. plans to combat the Coronavirus; Seth Kirkpatrick reports.
CDC predicts 100 million people to be vaccinated in the next 3 months; Moderna begins distribution of COVID-19 vaccine; Darden Restaurants reports weak earnings; Lockheed Martin acquires Aerojet; Seth Kirkpatrick reports.
DoorDash IPO expected to be valued at $32-38 billion; 17% of U.S. restaurants closed down in the past 11 months; Apple announces release date for Fitness+; SpaceX receives $856 million in subsidies; Seth Kirkpatrick reports.
Bob Dylan sells music catalog for more than $300 million; Kodak probe finds no wrongdoing: DOJ and Dish reach $200 million settlement; Rashida Jones named new President of MSNBC; Seth Kirkpatrick reports.
Walmart+ removes shipping threshold; President Trump seeks to remove Section 230; Hospitals struggle amid surging COVID-19 cases; Head of Operation Warp Speed claims 100 million COVID-19 vaccine doses will be distributed by February 2021; Seth Kirkpatrick reports.
S&P 500 and Nasdaq break record highs; Sephora plans to open mini-shops in Kohls; Senate proposes new bill for additional Coronavirus aid; Attorney General, William Barr, confirms election results; Seth Kirkpatrick reports.
President Trump pardons turkey in Thanksgiving tradition; McCormick acquires Cholula for $800 million; Best Buy reports strongest quarterly growth in 25 years; Tesla shares surge 4%; Simran Sandhu reports.
General Services Administration begins transition to Biden Administration; President-Elect Joe Biden announces several appointments for national security staff; Pfizer acquires OncoImmune for $425 million; Simran Sandhu reports.
FDA approves first fully at-home COVID-19 test; Homegoods plans launch of e-commerce platform; Target reports strong earnings; Apple reduces app store fee to 15% for developers reporting less than $1 million in revenue; Simran Sandhu reports.
Mars acquires KIND Snacks' North American division; Home Depot reports strong earnings; Recycling programs experience an increase in volume; Joe Biden announces several incoming White House advisors; Simran Sandhu reports.
Disney reports a decrease in earnings; Five U.S. service members on peacekeeping mission die after helicopter crash; President Trump signs executive order banning Americans from owning shares in government-affiliated companies; Simran Sandhu reports.
Georgia undergoes manual recount for the Presidential Election; Facebook and Google extend ban on political advertisements; Chipotle launches a digital-only restaurant; Amazon's Ring recalls 350,000 smart doorbells; Simran Sandhu reports.
G.M. announces plan to hire 3,000 additional workers; Supreme explores sale to VF Corporation; McDonald launches a plant-based food line; Markets rally after positive news from Pfizer regarding COVID-19 vaccine; Simran Sandhu reports.
CVS names Karen Lynch as next CEO; Hershey implements creative strategies to boost Halloween sales; NPC International considers sale to Flynn Restaurant Group; The University of Notre Dame defeats Clemson University in double overtime; Simran Sandhu reports.
Joe Biden maintains 264 electoral votes while President Trump has 214 electoral votes; Uber reports quarterly loss after low demand for rides; ESPN lays off and attritions 10% of workforce; U.S. government and drugmakers collaborate on COVID-19 vaccine side effect tracker; Simran Sandhu reports.
Biden strengthens lead over Trump in Presidential Election; Oregon becomes the first state to legalize hard drugs in small quantities; U.S. regulators fine T-Mobile over $200 million; Qualcomm reports strong earnings; Simran Sandhu reports.
Zoom faces controversy over political influence from China; Manufacturers urge FDA to issue rigid requirements for producing temperature checking cameras; Fox Corporation reports strong earnings; Walmart and Comcast discuss potential collaboration surrounding smart TVs; Simran Sandhu reports.
Clorox sales rise 27% after increased demand for disinfecting wipes; Coupa Software acquires Llamasoft for $1.5 billion; Rental car companies rebound after initial decline in travel industry; Florida considers raising the minimum wage to $15; Simran Sandhu reports.
Twitter reverses its decision to block the New York Post; Spotify faces controversy regarding The Joe Rogan Experience; Bitcoin surges after investors look to hedge against inflation; Simran Sandhu reports.
Amazon, Alphabet, and Apple report strong earnings; Netflix raises prices for standard and premium plans; ExxonMobil reduces global workforce by 15%; Hurricane Zeta leaves millions without power; Simran Sandhu reports.
Gilead Sciences reports strong earnings from Remdesivir; UPS experience surge in profits due to increased demand for online shopping; All major indexes are on pace for worst week since March 20th; Simran Sandhu reports.
Microsoft reports strong revenue growth from cloud and gaming services; Caterpillar and 3M experience challenges across business units; Topgolf merges with Callaway Golf; Advanced Micro Devices acquires Xilinx in a $35 billion deal; Simran Sandhu reports.
Bayer AG seeks to acquire AskBio for up to $4 billion; Dunkin' Brand Group plans potential sale to Inspire Brands; Facebook enters the cloud gaming space; Stocks struggle due to surging Coronavirus cases; Simran Sandhu reports
Surge in internet usage leads to widespread additional fees; Automakers face difficulty in supplying enough cars to meet high demand; French government forces Microsoft to not share data with US; Blackstone Group reaches $1.2 billion deal with Brookfield Asset Management; Simran Sandhu reports.
WhatsApp explores new monetization opportunities; AT&T experiences rapid growth in streaming and wireless services; Barbie sales up to highest level in 20 years; U.S. economic data improves; Simran Sandhu reports.
Fewer people have at least 1 bank account; Automakers face challenges with electric batteries; Intel nears $10 billion deal to sell memory-chip unit; Recent study suggests that apprenticeships lead to higher incomes; Simran Sandhu reports.
NYC commercial real estate faces pressure from COVID-19; U.S. looks to increase involvement with developing countries; U.S. officials meet with Syrian lawmakers; Delivery services are low on storage capacity; Simran Sandhu reports.
New provision added to Dodd-Frank Act of 2010; BTS owner, Big Hit Entertainment, debuts on public markets; Steve Scully suspended by C-Span; President Trump and Joe Biden conduct town halls instead of debate;
Pilgrim Pride accepts plea deal amid price-fixing investigation; United Health Group experiences decline in profits; Starbucks implements new diversity initiatives; EU surpasses United States for new Coronavirus infections; Simran Sandhu reports.
Bank stocks surge, however, executives urge the need for additional stimulus; AMC Theatres looks to raise capital; Social Security benefits will increase by 1.3% in 2021; Amy Coney Barrett undergoes Senate hearings; Simran Sandhu reports.
White House proposes $1.8 billion Coronavirus relief bill; Bayer AG and BASF face legal challenges with Dicamba; Twitter takes steps to reduce misinformation; 13 men arrested in plot to kidnap Michigan Governor; Simran Sandhu reports.
Moderna won't enforce patents for experimental Coronavirus vaccine; Samsung experiences surge in operating profits; Dollar General plans expansion of new stores called Popshelf; McDonalds pursues partnership with J Balvin; Simran Sandhu reports.
Citigroup fined $400 million; Food industry faces government scrutiny; President Trump softens stance on aid for airlines, small businesses, and consumers; VP Pence and Senator Harris face off in the only Vice Presidential debate. Simran Sandhu reports.
Twitter and Facebook remove President Trump's post regarding the Coronavirus; Microsoft diversity initiative potentially violates Title VII of the Civil Rights Act; Boeing posts dim market forecast; New forecasts for global economy and trade; Simran Sandhu reports.
CDC issues guidance stating virus can spread via air particles; Meat processing plants take extra precautions to ensure worker safety; Bristol Myers Squibb plans to acquire MyoKardia; All major stock indexes increase; Simran Sandhu reports.
Google announces $1 billion commitment to create Google News Showcase; PepsiCo reports strong earnings in Q3; American Airlines and United Airlines furloughed 32,000 workers; Irish court determines that Subway's bread is not eligible for taxation; Simran Sandhu reports.
EU regulators and Google discuss potential acquisition of FitBit; United Health Services faces multimillion-dollar ransomware attack; Allstate plans to lay off 3,800 workers; DOJ investigates Medtronic over antitrust allegations; Simran Sandhu reports.
Neiman Marcus exits bankruptcy after filing for Chapter 11 protection; Allbirds raises $100 million in Series E fundraising; Stocks rise after gains from energy and banking sectors; RV sales continue to increase; Simran Sandhu reports.
Alphabet creates new diversity-focused programs after lawsuit; U.S. imposes sanctions on Chinese chip company, SMIC; WPX and Devon Energy plan potential merger; President Trump's tax returns unveiled; Simran Sandhu reports.
Democrats make progress on a new potential Coronavirus relief package; E.W. Scripps acquires ION Media for $2.65 billion; Blue Cross and Blue Shield reaches tentative $2.7 anti-trust settlement agreement. App makers form coalition to combat Google and Apple market power; Simran Sandhu reports.
Officer in Breonna Taylor case indicted by Grand Jury; Johnson & Johnson enters final stage of testing for potential Coronavirus vaccine; Federal relief scammers cheat Americans out of ~$145 million; Food manufacturers experience surge in sales; Simran Sandhu reports.
Amazon restricts competitor advertising capabilities; Treasury Secretary and Federal Reserve Chairman gather to discuss the current state of government aid; Blackstone Group creates the largest real estate debt fund; Simran Sandhu reports.
CDC reverses its stance on Coronavirus transmission; Dow Jones falls to its lowest point since last July; Nikola shares fall after Trevor Milton resigns as Executive Chairman; Microsoft acquires ZeniMax Media for $7.5 billion. Simran Sandhu reports.
Walmart and Oracle join deal to create TikTok Global; U.S. federal judge delays President Trump's ban on WeChat; Two artists in New York find a creative way to raise awareness for climate change; Electric vehicle cost in Europe nears diesel and gasoline vehicles; Simran Sandhu reports.
FED plans to keep interest rates near zero for the next 3 years; Snowflake has the largest Software IPO in history; AG Barr tells prosecutors to be aggressive with violent protestors; Big Ten Conference reverses plan to postpone football season.
U.S. and several Middle Eastern nations sign historic peace treaty; DOJ inquires about Nikola; FedEx profits surge as demand for online shopping remains high due to global pandemic; Kraft Heinz sells big portion of cheese business; Simran Sandhu reports.
TikTok chooses Oracle's bid for its U.S. operations; Amazon will hire 100,000 additional workers; Hurricane Sally approaches the Gulf Coast; Sports betting rises after NFL return; Simran Sandhu reports.
Tenet and Mulan underperform at the box office; Nikola shares fall dramatically after company is accused of fraud; SoftBank plans $40 billion sale of Nvidia Corporation; Wildfire death toll exceeds 30; Simran Sandhu reports.
Multi-judge panel blocks President Trump's memorandum, which exludes immigrants from apportionment counts; Democratic lawmakers turn down Republican's $300 billion proposal for Coronavirus aid package; Majority of unemployed workers seeking jobs in new industries; Mortgage rates fall to record low. Simran Sandhu reports.
LVMH backs out of $16.2 billion deal to acquire Tiffany's. Kansas City Southern rejects Global Infrastructure Partners and Blackstone Group's $20 billion offer; EU orders Facebook to stop transferring EU user data to US; Microsoft announces new Xbox series; Simran Sandhu reports.
Big tech stocks fall for a third consecutive day; Apple countersues Epic Games; JP Morgan finds evidence of fraudulent activity from customers and employees; Boeing experiences more problems with 787 Dreamliner; Simran Sandhu reports.
Citigroup sues Revlon's lenders after accidentally sending them $900 million; JP Morgan plans to have twice its current amount of investment bankers return to the office; Anheuser-Busch InBev seeks replacement for CEO, Carlos Brito; President Trump criticizes military leaders; Simran Sandhu reports.
All major U.S. stock indexes experience significant declines; Germany extends resources and support to Tesla in their pursuit to build a European Gigafactory; Facebook plans to block new political advertisements in the week prior to the election; McDonald's announces new Travis Scott meal.
Dow Jones exceeds 29,000 while S&P 500 and Nasdaq reach record highs; Robinhood faces SEC investigation; Juul plans another round of layoffs; Joe Biden raises nearly $365 million in August; Simran Sandhu reports.
New York City delays school openings; Walmart's share price surges 6% after announcing launch of Walmart+; AMC plans to reopen 70% of theatres on Friday; Samsung prepares for Galaxy Z Fold 2 release; Simran Sandhu reports.
Apple and Tesla experience large gains after implementing stock splits; Zoom raises full-year guidance after beating analyst expectations; TikTok reconsiders position after China poses new regulations on the export of artificial intelligence technology; Amazon receives approval to test commercial drone use; Simran Sandhu reports.
Coronavirus cases surpass 25 million globally; Public health experts advocate that universities should keep infected students on campus rather than sending them back home; U.S. stock futures up 50 basis points; Warren Buffett invests in Japan's 5 top trade companies; Simran Sandhu reports.
Walmart joins competition to purchase TikTok's U.S. operations; Amazon enters the wearables market and introduces the Halo wristband; U.S. announces $750 million deal with Abbott Laboratories for 150 million rapid COVID-19 tests; HP said laptop sales surged 30% last quarter; Darian Phillips reports.
FDA approves Abbott Laboratories' $5 COVID-19 antigen test; White House announces $1 billion investment into artificial intelligence and quantum information sciences; Apple's new privacy changes will limit personalized ads; Professional sports leagues postpone games to protest Jacob Blake shooting; Simran Sandhu reports.
Republicans launch national convention; New York Attorney General investigates Trump Organization and President Trump; General Atlantic and Sequoia Capital join Oracle in TikTok Bid; Simran Sandhu reports.
TikTok gearing up to file a lawsuit against U.S. government; Debt among advanced economies rises to 128% of global GDP; Intact forests becoming competitive with what mills pay for logs; Gold prices drop roughly 6% or more from peaks hit this month, recording bigger daily swings than normal; Darian Phillips reports.
Job postings fell this week for the first time since April; Uber and Lyft will be able to continue conducting business in California; Bayer will pay $1.6 billion to settle claims that its birth control device Essure causes serious health conditions; CBS charging $5.5. Million for a 30-second Super Bowl ad spot next year; Darian Phillips reports.
Airbnb confidentially files for IPO; SpaceX raises $1.9 billion; Johnson & Johnson agrees to buy drugmaker Momento Pharmaceuticals for roughly $6.5 billion; President Trump announces boycott on Goodyear Tire products; Darian Phillips reports.
U.S. Postal Service extends operational changes until after November election; States ask pharmaceutical companies to pay $26.4 billion for opioid crisis damages; Amazon announces plan to expand its physical offices in six U.S. cities; Darian Phillips reports.
Daily Coronavirus infections increase by an average of 50,000+; University of North Carolina switches to remote learning; Hauwei faces new restrictions; Robinhood raises an additional $200 million. Simran Sandhu reports.
Joe Biden maintains a 9% lead on President Trump; Investors expect volatility over upcoming election; President Trump's decision to ban WeChat will restrict communication for many Chinese Americans; Fortnite banned from Apple and Google app stores. Simran Sandhu reports.
Goldman Sachs pursues GM's credit card business; Lyft considers suspending its services in California; Simon Property Group and Brookfield Property Partners in talks with J.C. Penney to acquire their retail operations; Sumner Redstone dies at 97; Simran Sandhu reports.
Russia registers world's first Covid-19 vaccine, named Sputnik V; TikTok accused of scraping users' personal data without consent; Big Ten and Pac-12 vote to postpone college football and all other fall sports; Airbnb announces plans for IPO before the end of 2020; Darian Phillips reports.
Joe Biden expected to announce running mate; McDonald's sues former CEO, Steve Easterbrook, Protests and looting overcome Chicago; Majority of students and teachers plan to return to schools in New York City; Simran Sandhu reports.
SpaceX wins a multibillion-dollar contract to become one of the Pentagon’s two primary satellite-launch providers; Amazon explores using vacant mall properties as fulfillment centers; U.S. surpasses 5 million total coronavirus infections; Governments around the globe offer donations directly to the people of Lebanon; Darian Phillips reports.
Initial jobless claim filings reach lowest point since March; T-Mobile surpasses AT&T as second-largest U.S. cell phone carrier; President Trump announces plan to reimpose aluminum tariffs on Canada; Simran Sandhu & Darian Phillips report.
White House announces concessions to help lawmakers reach an agreement on new Coronavirus stimulus bill; All major U.S. stock indexes experience slight gains; Quicken Loans parent company, Rocket Cos., plans to go public; Explosion in Beirut wreaks havoc for citizens and Lebanon economy; Simran Sandhu & Darian Phillips report.
President Trump signs new bill infusing $9.5 billion into national parks; Kodak under SEC investigation over loan disclosure; All major U.S. stock indexes increased; BP reports $17+ billion loss; Novavax reaches final stage study for Coronavirus experimental vaccine; Simran Sandhu & Darian Phillips report.
U.S. Coronavirus death toll approaches 155,000; President Trump allows Microsoft to acquire TikTok in exchange for a large fee to U.S. government; Google invests $450 million into ADT for smart home security products; Seven & i Holdings Co. will acquire Speedway from Marathon Petroleum for $21 billion; Simran Sandhu & Darian Phillips report.
Siemens Healthineers plans to acquire Varian Medical Systems for $16.4 billion; Microsofts pauses plan to acquire TikTok; FED pursues new policy to keep interest rates lower; Lord & Taylor files bankruptcy; Simran Sandhu & Darian Phillips report.
GOP pushes back on President Trump's suggestion to delay the November election; Initial jobless claims increase by 1.4 million last week; Big Tech increases their market value by $200 billion after strong earnings; Coca Cola announces its plan to expand to the alcoholic beverages industry; Simran Sandhu & Darian Phillips report.
NASA plans historic Mars rover launch; All major U.S. stock indexes increase; Crude oil production fell by 10.6 million barrels last week; Kodak's share price surges by 300% after receiving a $765 million loan; Qualcomm announces long term patent agreement with Hauwei; Simran Sandhu & Darian Phillips report.
All major U.S. stock indexes fall due to uncertainty surrounding Coronavirus relief bill; McDonald's, Visa, and 3M report weak Q2 quarterly earnings; Kodak awarded $765 million loan from U.S. government; Facebook looks to poach TikTok influencers for new competing platform; Simran Sandhu & Darian Phillips report.
Senators Susan Collins & Mitt Romney announce opposition to Judy Shelton's candidacy to the Federal Reserve's Board of Governors; Fujifilm awarded $265 million contract to manufacture Coronavirus vaccine; 30-year jumbo mortgage rates increase to ~3.8%; Simran Sandhu & Darian Phillips report;
Investors prepare for a big week of corporate earnings and Federal Reserve data; CDC encourages schools to reopen in the Fall; Chinese operative pleads guilty for attempting to steal sensitive U.S. information; Rush Street Interactive plans to go public via merger; Simran Sandhu & Darian Phillips report.
Democratic lawmakers introduce new bill that would cancel student loan debt; Southwest Airlines posted a loss of nearly $1 billion; Initial jobless claims increase for the first time in nearly 4 months; Simran Sandhu & Darian Phillips report.
All major U.S. indexes experience slight increases; Chipotle quarterly earnings fell by 90% compared to prior year; Spotify announces licensing deal with Universal Music Group; Slack files antitrust complaint against Microsoft in the European Union; U.S. existing home sales increased by almost 21% in June; Simran Sandhu & Darian Phillips report.
President Trump nominees for the Federal Reserve Board receive approval from a Senate committee; Joe Biden proposes a $775 billion aid package for child care; U.S. accuses two Chinese hackers of stealing proprietary info from American firms studying the Coronavirus; Robinhood cancels plans for international expansion; Simran Sandhu & Darian Phillips report.
World Health Organization announces that a coronavirus vaccine could arrive as early as September; Jack Ma's Ant Group expected to pursue a dual IPO in Shanghai and Hong Kong; eBay plans sale of its classified-ads business; Corporations seek tax credit cash-out proposal from U.S. government; Simran Sandhu & Darian Phillips report.
U.S. reports 70,000 new coronavirus infections for the second consecutive day; Trump campaign turns to tele-rallies to avoid large gatherings; BlackRock reports a 21% increase in quarterly profits; Disney joins hundreds of other companies who have stopped advertising on Facebook; Simran Sandhu & Darian Phillips report.
U.S. reaches 3.5 million Coronavirus infections; Trump Administration considers new restrictions on China; Retail sales increase by 7.5%; Netflix names new Co-CEO and COO; American Airlines forms alliance with JetBlue; Simran Sandhu & Darian Phillips report.
Google adds new features to Gmail to attract more business users; Google invests $4.5 billion in Jio; American Airlines expects up to 25,000 job cuts; Goldman Sachs quarterly earnings beat analyst expectations; All major U.S. stock indexes experience slight increase; Simran Sandhu & Darian Phillips report.
Moderna's share price surges 16% after it produces promising results in its early stage human trial; J.P. Morgan sets aside $10 billion to cover losses after disappointing quarterly earnings; Trump Administration rolls back rules that require international students to leave the U.S. if classes are online; Simran Sandhu & Darian Phillips report.
U.S. budget deficit reaches its highest point since World War II; Joe Biden proposes a multibillion-dollar plan to reduce racial inequality; U.S. stocks fall as California rolls back its reopening plans; Washington NFL team retires its former "Redskins" name and logo; Simran Sandhu & Darian Phillips report.
Global coronavirus infections surpass 12.9 million; Betsy DeVos urges schools to reopen; Stock futures rise for all major U.S. indexes; Analog Devices is in talks to acquire Maxim Integrated for ~$20 billion in stock; Amazon announces that an email requiring all employees to delete TikTok was sent in error; Simran Sandhu & Darian Phillips report.
Energy giant, Shell, writes down $22 billion in assets; Uber seeks potential merger with Postmates; FDA releases criteria for COVID-19 vaccine approval; European Union restricts Americans from traveling to the region; Simran Sandhu & Darian Phillips report.
Commerce department bans companies from supplying semiconductors to Hauwei; American Airlines seeking $3.5 billion in new financing; U.S. banks experience a $2 trillion increase in deposits accounts; Black-owned companies surge during Juneteenth; Simran Sandhu & Darian Phillips report.
All major indexes fall 5-7%; Five most valuable tech companies lost ~$270 billion in market value; 30-year mortgage rates fell below 3%; DoorDash nears deal valuing the company at more than $15 billion; Simran Sandhu & Darian Phillips report.
50 states and other territories sue drug makers for inflating prices; Elon Musk gives green light for production of Tesla semi-truck; Grubhub and JustEatTakeaway.com near potential merger. Simran Sandhu & Darian Phillips report.
President Trump plans to use the police defunding issue against former VP Biden and the Democratic Party; Nasdaq briefly trades above 10,000-mark for the first time in the index's history; New home sales surged by 21% last month; Simran Sandhu & Darian Phillips report.
Nasdaq surpasses NYSE for total capital raised by companies via IPO this year; Dunkin' Donuts plans to hire 25,000 employees; Federal budget deficit more than doubled in May; Simran Sandhu & Darian Phillips report.
Minneapolis city council takes action to disband the local police department; Tent sales soar as businesses begin to reopen; Economists question the validity of China's unemployment data; Simran Sandhu & Darian Phillips report.
U.S. business bankruptcies up 48% last month; S&P snaps winning streak; Slack forms alliance win Amazon; Bail for three ex-Minneapolis police officers set at $1 million; Simran Sandhu & Darian Phillips report.
Former Defense Secretary badgers President Trump for dividing the American people; S&P caps off the greatest 50-day rally in index history; COVID-19 bonds fruitful investment for governments and companies globally; Simran Sandhu & Darian Phillips report.
Zoom reports 169% surge in first-quarter sales; Lyft experiences a 26% demand increase compared to last month; Peaceful protesters near White House are forcefully removed by authorities; Simran Sandhu & Darian Phillips report.
All major U.S. indexes rise, while crude oil prices fall; European court orders Nestle to change the name of its meatless burger; Facebook employees hold a virtual walkout; Simran Sandhu & Darian Phillips report.
Nationwide protests escalate and force temporary store shutdowns; President Trump postpones G-7 Summit; Tencent Holdings considers investment into Warner Music Group; Simran Sandhu & Darian Phillips report.
Federal authorities bust a massive coronavirus related scam; U.S. charges North Korean officials for illegally transferring $2.5 billion; Weekly jobless claims declined to 2.1 million last week; Pending home sales fell 34% last month; Simran Sandhu & Darian Phillips report.
EU intends to set up a $2 trillion euro relief plan; SpaceX postpones launch until Saturday; Amazon in advanced talks to buy autonomous vehicle company, Zoox; Disney World plans to reopen July 11th; Simran Sandhu & Darian Phillips report.
Pentagon intends to pull back forces from Afghanistan; Twitter adds fact-check notices on mail-in ballot tweets; Facebook shutdowns study aimed at making the platform less divisive; Warner Music Group announces plan for an IPO at an $11 billion valuation; Simran Sandhu & Darian Phillips report.
Facebook's Mark Zuckerberg announces that working from home can impact employee salaries, depending on location; Futures on all major indexes up by 1-2%; Virgin Orbits' first satellite launch fails; Lufthansa receives $9.8 billion from Germany; Simran Sandhu & Darian Phillips report.
Debt escalates for both public and private sectors; FED offers further aid to small businesses; State Farm cuts $2 billion in premiums; Saudi Arabia and Russia agree in principle over production cuts; U.S. stocks finish their best week since 1974; Simran Sandhu and Darian Phillips report.