National Business News

Southwest to start LR-Atlanta route Southwest Airlines will soon begin direct service between Little Rock and Atlanta, giving passengers an alternative to Delta Airlines, which has dominated the r... by Noel Oman - October 1, 2020

U.S. economy forecast to shrink The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S. economy likely w... by MARTIN CRUTSINGER THE ASSOCIATED PRESS - October 1, 2020

749,000 new jobs in month, firm says U.S. companies added 749,000 jobs in September, a private report showed, indicating the labor market's gradual rebound is continuing as demand rises from the de... by Bloomberg News - October 1, 2020

Winter another hurdle for restaurants U.S. restaurants are moving warily into fall, hoping their slow recovery persists despite the new challenge of chilly weather and a pandemic that's expected to ... by DEE-ANN DURBIN THE ASSOCIATED PRESS - October 1, 2020

Sources: U.S. faces tariffs on Boeing aid The European Union can impose tariffs on about $4 billion of U.S. exports annually in retaliation for government aid to Boeing Co. deemed illegal by the World T... by BRYCE BASCHUK, CHARLOTTE RYAN AND JONATHAN STEARNS BLOOMBERG NEWS - October 1, 2020

Chamber, citing leaks, ousts political director Scott Reed, a veteran Republican political consultant, was fired Tuesday by the U.S. Chamber of Commerce as the organization's political director after allegati... by TOM HAMBURGER THE WASHINGTON POST - October 1, 2020

Stocks rebound to close out tumultuous quarter U.S. stocks rallied on Wednesday, but only after zooming up, down and back up again in a fitting end to what was a wild month and quarter for Wall Street. by STAN CHOE AND DAMIAN J. TROISE THE ASSOCIATED PRESS - October 1, 2020

Officials seek audit of AT&T's network The state of Mississippi on Tuesday questioned whether AT&T has adequately followed through on a federally funded initiative to make internet service available... by LEAH WILLINGHAM THE ASSOCIATED PRESS - October 1, 2020

August home sales contracts hit record U.S. pending home sales rose more than expected in August, reaching the highest level on record as low mortgage rates fuel a housing rally. by Compiled by Democrat-Gazette Staff From Wire Reports - October 1, 2020

FAA chief notes progress on 737 Max The chief aviation regulator in the U.S. called a test flight of the Boeing Co. 737 Max on Wednesday "productive," but said the agency hasn't completed its work... by ALAN LEVIN BLOOMBERG NEWS - October 1, 2020

Cold weather means new challenges for struggling restaurants U.S. restaurants are moving warily into fall, hoping their slow recovery persists despite the new challenge of chilly weather and a pandemic that's expected to ... by The Associated Press - September 30, 2020

Economy plunges 31.4% in spring but big rebound expected The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S. economy will lik... by The Associated Press - September 30, 2020

JPMorgan Chase to pay $920M for misdeeds NEW YORK -- JPMorgan Chase admitted Tuesday to manipulating the markets for precious metals and U.S. Treasuries, agreeing to pay $920 million in fines and penal... by Compiled by Democrat-Gazette Staff From Wire Reports - September 30, 2020

Airline workers worry as layoffs loom DETROIT -- The worries are growing for United Airlines flight attendant Jordy Comeaux. by The Associated Press - September 30, 2020

Consumer-confidence gain biggest in 17 years Consumer confidence rebounded in September by the most in more than 17 years as Americans grew more upbeat about the outlook for the economy and job market, tho... by Compiled by Democrat-Gazette Staff From Wire Reports - September 30, 2020