American City Business Journals has joined The Washington Post and nine other news outlets in a lawsuit against the Small Business Administration that seeks detailed information about the $659 billion Paycheck Protection Program. Matthew...
Tesla’s CEO has cleared a milestone that will allow him to buy 1.7 million company shares at a much lower than market price, making a paper profit of more than $700 million. Claudia Assis...
Local news stations are running a segment produced by Amazon touting its efforts to keep warehouse employees safe from the coronavirus, reports Annie Palmer of CNBC.com. Palmer reports, “It’s unclear how many television stations ran the segment....
Utah-based media outlets are demanding that Utah County release the names of two businesses that county executives say ignored COVID-19 guidelines, reports Connor Richards of the Daily Herald. Richards reports, “The other media outlets represented...
Germany’s top court ruled against Volkswagen in the so-called Dieselgate case, ordering the company to compensate car owners. Ilona Wissenbach reported the news for Reuters: Volkswagen (VOWG_p.DE) must pay compensation to owners of vehicles...
Facebook is making remote work a permanent fixture, expecting half of its employees to work remotely in 10 years. Emily Bary from MarketWatch reported: Facebook Inc. FB, +0.61% Chief Executive Mark Zuckerberg expects that...
Ford suspended production at two factories after workers tested positive for Covid-19. CNN’s Chris Isidore reported: Just days after reopening its American assembly plants, Ford temporarily shut down two separate factories because employees tested...
Walmart reported a 74% surge in online sales during the first quarter as people stocked up on food and other essential items. Nathaniel Meyersohn reported the news for CNN: Walmart sales soared as Americans...
The U.S. auto industry is beginning to reopen with tightened health safety measures. Ben Klayman and Nick Carey reported the news for Reuters: The U.S. auto industry is slowly returning to life, with vehicle...
General Motors has laid off 8% of employees at its self-driving car unit Cruise. Jane Lanhee Lee and Davis Shepardson reported the news for Reuters: General Motors Co’s (GM.N) self-driving car unit Cruise told...
