Nov 10 U.S. bankruptcy court approves sale of J.C. Penney By Anne D'Innocenzio, Associated Press A U.S. bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary lenders. Continue reading
Nov 10 GOP unveils $1.4 trillion spending bill amid post-election turmoil By Andrew Taylor, Associated Press Republicans controlling the Senate have unveiled a government-wide, $1.4 trillion spending bill. It's a mostly bipartisan measure that faces uncertain odds during this period of post-election tumult in Washington. Continue reading
Nov 10 EU files antitrust charges against Amazon over use of data By Associated Press European Union regulators have filed antitrust charges against Amazon, accusing the e-commerce giant of using data to gain an unfair advantage over merchants using its platform. Continue reading
Nov 09 Virus relief package uncertain in post-election Congress By Andrew Taylor, Associated Press President-elect Joe Biden is making clear that he wants new coronavirus legislation to pass before he takes office. But Republicans controlling the Senate are poised to assert more influence and have rejected demands for a more than $2 trillion package. Continue reading
Nov 09 European Union puts tariffs on U.S. but hopes for change with Biden By Lorne Cook, Associated Press The move comes a year after the World Trade Organization authorized the United States to slap penalties on EU goods worth. Continue reading
Nov 09 FTC says Zoom misled users on its security for online meetings By Associated Press Federal regulators are requiring Zoom to strengthen its security in a proposed settlement of allegations that the video conferencing service misled users about its level of security for meetings. Continue reading
Nov 09 WATCH: Biden speaks on plans for COVID-19, economy By Associated Press As he begins his transition to the presidency, Joe Biden is pivoting from a bitter campaign battle to a more pressing fight: reining in the pandemic. Continue reading
Nov 06 Facebook takes down fake Iranian accounts supporting anti-Netanyahu protests in Israel By Associated Press Facebook detailed several instances in which it removed fake accounts set up to interfere in the politics of other countries. Continue reading
Nov 06 Unemployment drops to 6.9 percent and U.S. adds a solid 638,000 jobs By Associated Press The gain suggested that a tentative economic recovery may remain intact even in the face of a surging viral outbreak. Continue reading
Nov 05 Facebook bans big 'Stop the Steal' group for sowing violence By Barbara Ortutay, David Klepper, Associated Press Facebook banned a large group called "Stop the Steal" that supporters of President Donald Trump were using to organize protests against the presidential vote count. Continue reading