National Business News

Huawei is facing Europe shutout Huawei Technologies Co. has gone from a crucial component of British and French mobile networks to potential outcast, after resistance and compromises began to ... by THOMAS SEAL AND HELENE FOUQUET BLOOMBERG NEWS - July 10, 2020

Amazon tells sellers anonymity no longer allowed on website Amazon notified sellers Wednesday they will no longer be able to anonymously hawk goods on its U.S. e-commerce site as of Sept. 1. by JAY GREENE THE WASHINGTON POST - July 10, 2020

Walgreens sees $1.7B quarterly loss The coronavirus pandemic pushed Walgreens to a $1.7 billion loss in the most recent quarter with customers staying home or limiting shopping to essential suppli... by Compiled by Democrat-Gazette staff from wire reports - July 10, 2020

Virus forces catering firms to pivot, find new clientele When it was started in 2017, the catering tech platform Hungry had one customer in mind: well-heeled office workers. by MARK KENNEDY THE ASSOCIATED PRESS - July 10, 2020

Nasdaq posts gains while most of markets retreat Most of Wall Street wilted Thursday on worries that the economy's recent improvements may be set to fade as coronavirus cases keep climbing. by STAN CHOE, DAMIAN J. TROISE AND ALEX VEIGA THE ASSOCIATED PRESS - July 10, 2020

Mortgage rates fall to new record lows Rates on 30-year mortgages have fallen to record lows for the third consecutive week as inflation remains muted in a weakened economy, even in the face of persi... by Compiled by Democrat-Gazette staff from wire reports - July 10, 2020

Biden offers plan to revive economy Joe Biden on Thursday launched his plan to revive the economy from the coronavirus-related recession with a promise to "build back better" than what existed bef... by JENNIFER EPSTEIN BLOOMBERG NEWS - July 10, 2020

Google picks site for 1st U.S. center Google's first U.S. operations center is coming to northwest Mississippi. by The Associated Press - July 10, 2020

News in brief Packaging-products maker sets 31 hires July 10, 2020

Stocks slump on economy worries, erase much of week's gain NEW YORK — Stocks are slumping on Wall Street Thursday amid worries that recent improvements in the economy may be set to stall as coronavirus cases continue to... by The Associated Press - July 9, 2020

Layoffs stuck at high level as 1.3 million seek jobless aid More than 1.3 million Americans applied for unemployment benefits last week, a historically high pace that shows that many employers are still laying people off... by The Associated Press - July 9, 2020

Payroll aid fuels entertainment firms From a godfather of cinema to Kermit the Frog, the U.S. government's small-business lending program sent money into unexpected corners of the entertainment indu... by The Associated Press - July 9, 2020

Trump welcomes Mexico's president President Donald Trump, who in the past has criticized migrants from Mexico and threatened the U.S. ally with crippling tariffs, welcomed President Andres Manue... by DEB RIECHMANN AND JILL COLVIN THE ASSOCIATED PRESS - July 9, 2020

Brooks Brothers files bankruptcy Brooks Brothers, the retailer known for dressing U.S. presidents and legions of business executives since 1818, filed for bankruptcy Wednesday, buckling under t... by Compiled by Democrat-Gazette staff from wire reports - July 9, 2020

Disney theme park's reopening in Florida gets mixed reaction Walt Disney World near Orlando, Fla., will reopen Saturday, and Disney has been posting marketing videos online to highlight the safety procedures designed to p... by BROOKS BARNES THE NEW YORK TIMES - July 9, 2020