The worst disruptions continued to be along the East Coast, which has been pummeled by thunderstorms.
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The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.
Amid a renewed push to ban smoking in Atlantic City’s casinos, a new report predicts that doing so could cost up to 2,500 casino jobs and nearly 11% of casinos’ revenue as they struggle to rebound from the coronavirus pandemic.
Facebook CEO Mark Zuckerberg said his company is rebranding itself in an effort to encompass its virtual-reality vision for the future, what Zuckerberg calls the “metaverse.”
GameStop stock has rocketed from below $20 earlier this month to more than $400 early Thursday as a volunteer army of investors on social media challenged big institutions who had placed market bets that the stock would fall.
Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones.
Nearly 2.1 million workers filed first-time claims for unemployment in the latest week nationwide, according to the U.S. Labor Department.
Meatpacking leaders acknowledge that the U.S. food chain has rarely been so stressed and that no one is sure about the future, even as they try to dispel concerns about shortages.
Purdue Pharma has been cast as a main villain producing the prescription painkiller OxyContin. An NBC News report said the privately held company has offered to settle for $10 billion to $12 billion.
Though major studios have so far remained quiet on Georgia’s recently passed abortion law , Netflix on Tuesday said it will contest the legislation and “rethink our entire investment” in the state, should the law going into effect.