Some of Tuesday’s top business news stories:
Associated Press
Another restaurant chain, Friendly’s, hits wall in pandemic, by Dee-Ann Durbin
US manufacturing activity at highest levels in two years, by Martin Crutsinger
CNN
$284 million has already been wagered by British bettors on the US election outcome, by Chris Isidore
Oil prices tumble as lockdowns stoke recession fears, by Hanna Ziady
The Wall Street Journal
Walmart Scraps Plan to Have Robots Scan Shelves, by Sarah Nassauer
Covid-19 Slammed Rental-Car Firms, Then Business Turned Around, by Nora Naughton
CNBC
Americans show they’re eager to shop even as pandemic stretches on, retail economist says, by Melissa Repko
AMC seeks stock sale to raise $50 million to stave off bankruptcy, by Sarah Whitten
Reuters
Lack of passenger flights squeezes air freight capacity in peak season, by Jamie Freed
Fiat Chrysler faces up to $840 million in potential new U.S. regulatory costs, by David Shepardson
News about business journalism
Kaplan becomes wealth reporter at Business Insider
Vancouver radio station biz editor to retire
Business Insider hires Livingston to cover health insurance
FT taps Ralph as breaking news editor
Health tech reporter Robbins departs STAT for NY Times