Month: August 2020

A California judge said ride-hailing companies Uber and Lyft shouldn’t classify their drivers as independent contractors, citing the state’s gig-worker law that went into effect this year.

The fast-food giant is seeking to recoup tens of millions of dollars it paid to Steve Easterbrook in severance and benefits, alleging that he lied to the board about sexual relationships with employees before his ouster last fall.

Toilet paper and frozen vegetables are making a comeback, but other backlogs in the supply chain are causing bare shelves and higher prices. Here is a charts-filled look at supermarket shelves during the pandemic.

A federal agency has put a planned $765 million loan to Eastman Kodak on hold after the deal came under congressional and regulatory scrutiny.

Simon Property Group has been in talks with Amazon to convert some Sears and J.C. Penney stores into Amazon fulfillment centers.

Several investment and technology firms are exploring a potential deal for the U.S. operations of TikTok, which is facing a Trump administration ban, but they each would have to surmount hurdles at least as high as the Chinese social-media platform’s main suitor, Microsoft.

Facebook Inc.’s hottest property has cloned numerous features from trendy, fast-growing social-media apps—none more intensely than Snapchat. With the launch of Instagram Reels, it’s TikTok’s turn.

Live-streaming has been popular among videogame enthusiasts for at least a decade. But the coronavirus pandemic has prompted a wave of people with other interests to take it up, too.

Employers added 1.8 million jobs in July and the unemployment rate fell to 10.2%, so far recovering less than half of the jobs lost due to the pandemic.