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More Americans getting used to low-contact business, poll finds

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Americans have sharply increased their use of low-contact commerce like curbside and virtual services, new research showed Tuesday.

German government takes 20% stake in $10B Lufthansa bailout

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Lufthansa Group announced Monday that the airline will receive a $10 billion bailout from Germany, giving the government a 20 percent stake in the company and two seats on the airline's board.

Trump to visit Florida for SpaceX launch

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President Donald Trump is scheduled to travel to Florida on Wednesday to watch as SpaceX launches its Falcon 9 rocket and Crew Dragon spacecraft into orbit.

Hertz files for bankruptcy after demand drops due to COVID-19

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Hertz Global Holdings has filed for bankruptcy following a sharp drop in travel because of the coronavirus pandemic.

Just 1 in 4 remote workers wants to return to office, survey shows

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Only about one in four American workers who are now working at home due to coronavirus restrictions wants to return to the office once restrictions are lifted, a survey showed Friday.

Report: Utah’s new unemployment claims down 12% from week prior, up 455% from 2019...

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Utah's unemployment benefits claims for the week of May 10 to 16 were down 12% from the week prior, according to newly released figures from the Utah Department of Workforce Services.

2.4 million more in U.S. file for unemployment, Labor Dept. says

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Another 2.4 million American workers have filed for new unemployment benefits, the Labor Department said in its weekly report Thursday.

IRS to begin recalling tax workers in Utah, Texas, Kentucky in June

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The Internal Revenue Service says it will start calling staffers back to work in less than two weeks, after most have been idle or telecommuting since March due to coronavirus restrictions.

Pier 1 Imports to close all stores

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Pier 1 Imports plans to shutter all of its retail operations three months after declaring bankruptcy, the company announced Tuesday.

TikTok hires Disney’s head of streaming for new CEO

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Micro video platform TikTok announced Monday that the company had hired Disney's Head of Streaming, Kevin Mayer, to be the company's new chief executive officer.

Troubled JC Penney to close 242 stores in Chapter 11 bankruptcy

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Big-box retailer JC Penney will close almost one-third of its U.S. store locations as part of a Chapter 11 bankruptcy restructuring plan that the company hopes will avoid an all-out liquidation of assets, a filing document said.

House passes $3T coronavirus relief package; Trump promises veto

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The House has passed a $3 trillion coronavirus relief bill that, if President Donald Trump hadn't promised to veto, would be the largest such package in U.S. history.

SK Telecom to launch high-security smartphone

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SK Telecom, South Korea's top mobile operator, announced it expects to launch the world's first smartphone equipped with quantum security technology later this month.

Stocks close flat Friday; finish worst week since March

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The major U.S. stock indexes rallied Friday to close flat, but not enough to overcome the market's worst week since late March.