Year: 2020

More workers identified themselves as permanently laid off and unemployed for the long term in September, a sign the labor market’s recovery from the coronavirus pandemic is likely to be slow and protracted.

The Oracle co-founder could score two prizes at once in a TikTok deal: a flashy new customer for the company’s cloud-computing business and a victory over fierce rival Microsoft.

Some auto companies, like Tesla, are getting more involved in making electric-car batteries, while Ford and others favor buying from specialized manufacturers.

Advertisers are mindful of the nation’s mood, offering patriotism during wartime and nostalgia during recessions. Covid-19 offers a new challenge. The nation’s biggest brands are still searching for the right tone.

Vehicle deliveries hit a record in the most recent quarter, accelerating the Silicon Valley car maker’s recovery after sales slowed during the height of the pandemic.

Shares of Academy Sports & Outdoors fell in their market debut, even after the company lowered its price, highlighting the challenge the sporting-goods chain faces in winning over investors when much of the retail sector is ailing.