US Business

The company said the number of positive cases is below what it expected for its 1.3 million workers. Amazon has tested thousands of employees since March and said it would be conducting 50,000 tests a day by November.

Major oil companies signaled they remain under extreme financial pressure and oil prices slid Thursday as demand for fossil fuels rebounds slowly after being crushed by the coronavirus pandemic.

The U.S. auto industry’s recovery gathered momentum in the third quarter, with sales at auto makers rebounding from coronavirus-related lows and buyers returning to showrooms.

Across Iowa, the biggest hog-producing state, losses piled up for farmers and processors as the coronavirus reshaped the pork market. What initially looked like a prosperous year rapidly became the industry’s worst financial disaster ever, according to the National Pork Producers Council.

Gov. Gavin Newsom signed legislation that will require the boards of publicly traded companies based in the state to have at least one racially, ethnically or otherwise diverse director by 2021.

The airlines will go forward for now with a total of more than 32,000 job cuts after lawmakers were unable to agree on a broad coronavirus-relief package, the airlines told employees.

Boeing got a tentative personal endorsement for fixes to its beleaguered aircraft from the head of the Federal Aviation Administration after he personally took one of the jets on a test flight.

Hackers are launching more brazen attacks aimed at locking down entire networks, not just a few workstations, and increasingly target health-care companies, putting lives at risk as they demand higher bounties.

A comprehensive new study by McKinsey and Lean In suggests that many women—especially mothers—may have to step back or away from jobs because of the pandemic’s impact on their lives.

The U.S. Treasury said it has closed loans to seven passenger airlines and joined with the industry to call on Congress to extend more aid to prevent massive job cuts later this week.