Economy

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U.K. to ban gasoline car sales by 2030 as part of green plan

By Associated Press

Boris Johnson made the pledge as part of plans for a “green industrial revolution” that he claims could create up to 250,000 jobs in energy, transport and technology.

U.S. judge blocks Trump rule change affecting home care workers

By Don Thompson, Associated Press

Despite providing what the judge called “physically and psychologically demanding” home care services, the workers are paid a median $10.49 an hour nationwide.

How this financially troubled startup helped power Trump campaign communications

By Garance Burke, Associated Press

Phunware Inc., a software company that built the cellphone app propelling President Donald Trump's supporters, is in financial distress and has received key support from the administration and the president's reelection campaign.

Federal Reserve Chair Jerome Powell says surge in virus cases threatens U.S. economy

By Christopher Rugaber, Associated Press

Powell said the threat also means Congress and the White House should provide more stimulus spending to support the unemployed, states and cities, and small businesses, and to keep the economy afloat.

Amazon opens online pharmacy, disrupting another industry

By Joseph Pisani, Tom Murphy, Associated Press

The move propels Amazon into a new business and could shake up the pharmacy industry. Big chains like CVS and Walgreens rely on their pharmacies to bring them a steady flow of shoppers who stop by frequently to pick up…

Louisiana landlords sue over CDC eviction moratorium

By Associated Press

Louisiana landlords have filed a federal lawsuit seeking to overturn a moratorium on evictions ordered by the CDC to avoid spreading the novel coronavirus.

Airbnb details years of losses ahead of planned IPO

By Dee-Ann Durbin, Associated Press

The documents show that leading up to the coronavirus outbreak earlier this year, AirBnb was spending heavily on technology and marketing to grow its business. Its revenue jumped 32 percent to $4.8 billion in 2019, but it reported a net…

WATCH: Twitter, Facebook CEOs defend election actions, promise more

By Marcy Gordon, Associated Press

The Senate Judiciary Committee will hear testimony from Facebook's Mark Zuckerberg and Twitter's Jack Dorsey as the panel examines the social media giants' role in the election.

WATCH: Biden outlines plan to ease economic inequity amid pandemic

By Associated Press

Biden spoke about his plans to invest in infrastructure, technology and clean energy jobs, and create American manufacturing jobs by encouraging companies to make their products in the U.S.

Schools abandon classes, states retreat as virus surges

By Michelle R. Smith, Sean Murphy, Associated Press

School systems in Detroit, Indianapolis, Philadelphia and suburban Minneapolis are giving up on in-person classes, and some governors are reimposing restrictions on bars and restaurants or getting more serious about masks.