Month: June 2020

3M filed a lawsuit against a merchant selling masks on Amazon.com for more than 18 times their list price, the manufacturer’s latest attempt to bring some order to the chaotic market for protective equipment.

The auto maker is reshuffling the management of its namesake VW brand, in a move that could weaken Volkswagen CEO Herbert Diess’s influence over ]day-to-day operations of the company’s largest single division.

BP is cutting thousands of jobs, accelerating existing plans to reshape the company after the coronavirus pandemic’s crushing impact on oil prices.

As the coronavirus pandemic stifles air travel, major airports around the world are rethinking plans to spend billions of dollars on new terminals, runways and hotels that could sit empty if demand doesn’t return.

The U.S. jobless rate fell to 13.3% and employers added 2.5 million jobs in May, early signs the labor market is mending as the economy started to reopen following lockdowns related to the coronavirus pandemic.

Federal Reserve officials are studying Australia’s program to buy government securities in unlimited quantities to peg some yields at low levels.

NASA’s inspector general is investigating an allegation that a high-ranking official improperly guided Boeing Co. regarding an agency competition for lunar-lander contracts, according to people familiar with the details.

Federal stimulus money for airlines is keeping them afloat through the coronavirus pandemic, but it’s not proving to be enough to sustain the industry at its pre-pandemic size.

Primal instincts often drive our desire to spend inordinate amounts of screen time poring over grim news, and social-media platforms are designed to keep us hooked.

Facebook CEO Mark Zuckerberg said that the company will review existing policies on how it handles content related to civil unrest or violence, as the company faces criticism over its decision to not moderate or take down certain posts.