Some of Friday’s top business news stories:
Associated Press
Fed: Rates to stay ultra-low even after inflation picks up, by Martin Crutsinger
Walmart joins Microsoft in bid for video app TikTok, by Joseph Pisani, Zen Soo
CNN
Lord & Taylor is closing all of its stores after 194 years in business, by Jordan Valinsky
90% of employers say working remotely hasn’t hurt productivity, by Jeanne Sahadi
The Wall Street Journal
America’s Energy Corridor Narrowly Averts Direct Hit From Hurricane Laura, by Rebecca Elliott Collin Eaton, Dan Molinski
Millennials Help Power This Year’s Housing-Market Rebound, by Nicole Friedman
CNBC
Ford and Fiat Chrysler remain under federal investigation in union corruption probe, by Michael Wayland
25% of U.S. malls are expected to shut within 5 years. Giving them a new life won’t be easy, by Lauren Thomas
Reuters
Musk confirms Tesla Nevada factory was target of ‘serious’ cyberattack, by Bhargav Acharya
U.S. labor market recovery slowing; economists urge more fiscal stimulus, by Lucia Mutikani
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