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US Business

Families File First Wave of Covid-19 Lawsuits Against Companies Over Worker Deaths

Coronavirus victims and their families allege workplaces failed to protect them, including Safeway, Walmart and Tyson; employers said they took appropriate steps to combat the virus. The cases are part of an unfolding liability threat facing U.S. companies as many look to resume operations.

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US Business

Big Tech’s Power Comes Under Fire at Hearing

Lawmakers raised concerns about the market dominance of Amazon, Apple, Facebook and Google at a hearing with the four CEOs. The testimonies come as the companies face investigation by antitrust authorities in the U.S. and elsewhere while also experiencing sky-high valuations.

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US Business

GE Hit by Steep Decline in Jet-Engine Business

GE posted a roughly $2 billion quarterly loss as revenue tumbled 24%, hurt by a steep decline in a jet-engine business that has been hobbled by the coronavirus pandemic. The aviation business, once a profit engine, swung to a loss as orders plunged.

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