JC Penney files for bankruptcy
Big box retailer JC Penney filed for bankruptcy Friday after making a $17 million interest payment.
Reality TV star, Texas engineer charged with coronavirus relief fraud
The Justice Department has charged two people, including a reality TV personality, for defrauding millions of dollars from the federal government allocated to help small businesses pay workers amid the coronavirus pandemic.
Senate questions tech executives on broadband access amid pandemic
The Senate on Wednesday questioned tech executives about what the industry is doing to ensure the broadband Internet infrastructure can keep up with the needs of teleworkers and online students amid the COVID-19 pandemic and moving forward.
Stocks fall after Fed chief says more help may be needed to recover
U.S. stocks fell Wednesday after Federal Reserve Chairman Jerome Powell said the U.S. government may need to throw more help at the coronavirus crisis.
Dow drops 457 points as concerns about reopening drag down markets
U.S. stocks fell on Tuesday amid growing concerns about plans to reopen the economy following measures to prevent the spread of COVID-19.
Tech stocks drive Nasdaq to six consecutive days of gains
Stocks closed mostly flat on Monday as tech stocks continued to rally but investors expressed concern about plans to reopen the U.S. economy.
Potato farmers reduce planting as demand plummets during pandemic
Potato farmers plan to plant fewer spuds this year after demand for America's most popular vegetable has plummeted during the coronavirus pandemic.
Musk threatens to move Tesla operations as company sues California county
Tesla filed a lawsuit Saturday against Alameda County, Calif., where its factories are located, over ongoing restrictions due to the COVID-19 pandemic, and CEO Elon Musk threatened to move the company's headquarters and operations out of California.
Dr. Anthony Fauci to enter ‘modified quarantine’ after possible White House exposure to COVID-19
Dr. Anthony Fauci, one of the nation's top strategists in the battle against the COVID-19 pandemic, is entering a "modified quarantine" after being exposed to a White House staffer who tested positive for the disease.
Textron nabs $20.7M contract modification for Navy drone program
AAI Corp., doing business as Textron Systems, was awarded a $20.7 million contract modification Friday for work on the Navy's Unmanned Influence Sweep System and Unmanned Surface Vehicle program.
4.1 million U.S. homeowners past due on their mortgage, data show
More than 4 million American homeowners are past due on their mortgage, a figure that's been fueled by the coronavirus pandemic, industry data showed Friday.
High-end retailer Neiman Marcus files for bankruptcy
Luxury retailer Neiman Marcus announced Thursday it has filed for bankruptcy, citing sizable debts and fallout from the coronavirus pandemic.
U.S. stocks rise; Nasdaq erases all losses from COVID-19 crisis
After a weeks-long slump, oil prices rose on Thursday to move toward a historic finish for the week -- and also helped U.S. stocks take off after the opening bell.
Sinclair agrees to pay $48M civil penalty to settle FCC probe into Tribune deal
Sinclair Broadcast Group agreed Wednesday to pay a record $48 million civil penalty to settle multiple Federal Communication Commission investigations.