81.6 F
Atlanta
Wednesday, August 12, 2020

: Uber and Lyft say they may shut down in California if forced to...

Uber CEO Dara Khosrowshahi, shown here in 2019, said Wednesday that Uber may have to shut down its app in California for at least a couple of months if...

Economic Outlook: Good news, bad news on stimulus: they talked – but nothing’s changed

WASHINGTON, DC - AUGUST 06: U.S. House Speaker Nancy Pelosi (D-CA) (R) speaks to reporters alongside Senate Minority Leader Chuck Schumer (D-NY) (L) following continued negotiations with Treasury Secretary...

Ben & Jerry’s rebukes U.K. on immigration, but critics chide company over its record...

Ice-cream maker Ben & Jerry’s is at the center of a row after criticizing the U.K. government’s immigration policies just weeks after parent Unilever ULVR, +2.31% faced questions itself...

: Lyft revenue and riders fall by more than half, but layoffs save earnings

Lyft reported second-quarter results Wednesday. AFP via Getty Images Lyft Inc.’s riders and revenue fell by more than half during a pandemic-dominated second quarter, but the company’s layoffs helped it top...

Kamala Harris is a friend, not foe, of Big Tech

An audible collective sigh of relief from Silicon Valley came shortly after Kamala Harris was named running mate of presumptive Democratic presidential nominee Joe Biden. Harris, D-Calif., views Big Tech...

Key Words: ‘Bond King’ warns of a return to March lows in the stock...

Joe Biden/Kamala Harris in 2020? Not so fast, according to DoubleLine Capital’s billionaire boss Jeffrey Gundlach, who predicted Donald Trump’s win the 2016 election. “ ‘Will Joe Biden beat Donald...

The Wall Street Journal: Goldman in the running for GM’s credit card business

Goldman Sachs Group Inc. is seeking to acquire General Motors Co.’s credit-card business, doubling down on consumer banking and betting on a future where people pay for gas, takeout...

The Margin: Vaping makes teens up to 7 times more likely to catch COVID-19:...

Here’s another cloud on the horizon for e-cigarette companies. A new Stanford study links vaping to a “substantially increased risk” of COVID-19 in teens and young adults. The national sample...

Stein Mart files for bankruptcy as analysts forecast pressure on usually-robust off-price retail

Off-price retailer Stein Mart Inc. announced it filed for bankruptcy on Tuesday amid mounting off-price pressure, a retail category that had been growing before COVID-19. To be sure, Stein Mart...

: ‘This is what these institutions were really built for. They were built for...

Senator Kamala Harris will be the first nominee on a major presidential party ticket to graduate from an HBCU. (Photo: Reuters/Carlo Allegri.) Paula Coates was driving home from work Tuesday...