Clorox Becomes ‘It’ Brand In World Sheltered In Place
NEW YORK (AP)- Sales at Clorox jumped 22% in its most recent quarter with millions of people growing more vigilant about cleaning routines in the pandemic. The company also announc...
As US Milk Sales Rise Amid Pandemic, “Got Milk?” Ads Return
NEW YORK (AP) -The dairy industry has a familiar question for you: “Got milk?”
Six years after the popular tagline was retired, “Got milk?” ads are back. A dairy industry-funded...
Retail Rout Gains Pace, Lord & Taylor Seeks Bankruptcy
NEW YORK (AP) — Lord & Taylor, America's oldest retailer, is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major r...
Amazon Closer To Launching Satellites, Upping Internet Reach
NEW YORK (AP) — Amazon.com is one step closer to space.
The company received government approval to put more than 3,200 satellites into orbit with the goal of beaming internet s...
How To Take A High-Interest Loan And Skip The Debt Cycle
NEW YORK (AP) - For the millions of Americans who struggle to afford an unexpected expense, high-interest payday and online loans may seem like acceptable options despite the inher...
Google To Keep Most Of Its Employees At Home Until July 2021
SAN RAMON, Calif. (AP) — Google has decided that most of its 200,000 employees and contractors should work from home through next June, a sobering assessment of the pandemic's pote...
Uncertainty Pushes Gold Price To Record, Over $1,930 Per Oz
BEIJING (AP) — The price of gold surged to a record above $1,934 per ounce on Monday as investors moved money into an asset seen as a safe haven amid jitters about U.S.-Chinese ten...
Mnuchin: Virus Aid Package Soon, $1,200 Checks By August
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Saturday that Republicans were set to roll out the next COVID-19 aid package Monday and assured there was backing from the ...
1.4 Million Seek Jobless Aid, First Increase Since March
WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening eco...
New Yorkers Ditching City For Elbow Room Fuel Housing Boom in Hudson Valley
ORANGE COUNTY, NY (AP) - If the outbreak roars back in New York City, Anil and Joyce Lilly will not be sheltering again in their Bronx apartment. They just bought a house an hour n...
US Sales Of Existing Homes Jump 20% After A 3-month Slump
BALTIMORE (AP) — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market...
Tesla’s Spent A Year Terrifying, Electrifying Wall Street
DETROIT (AP) — Tesla's losses were mounting last summer, massive debt payments were looming, and both Wall Street and federal regulators had run out of patience with the erratic be...
United Airlines Posts $1.6 Billion Loss In Virus-Scarred 2Q
NEWARK, NJ (AP) - United Airlines said Tuesday that it lost $1.63 billion in the second quarter as revenue plunged 87%, and it will operate at barely over one-third of capacity thr...
Norway’s Adevinta Buys eBay Classifieds Unit In $9.2B Deal
LONDON (AP) — EBay Inc. is selling its classifieds business to Norway's Adevinta in a deal worth $9.2 billion that will create the world's largest online classifieds group, the com...
Twitter: Hack Hit 130 Accounts, Company ‘Embarrassed’
OAKLAND, Calif. (AP) — Twitter says the hack that compromised the accounts of some of its most high-profile users targeted 130 people. The hackers were able to reset the passwords ...
LL Bean Inks First Wholesaler Partnerships In US
FREEPORT, Maine (AP) — L.L. Bean is expanding from its original model of direct-to-customer catalog sales and in-stores sales with an agreement to sell products in Nordstrom, Stapl...
3M Files Lawsuits For Price Gouging Of N95 Masks
MAPLEWOOD, Minn. — The leading manufacturer of N95 masks in the U.S. says it has investigated 4,000 reports of fraud, counterfeiting and price gouging in connection with the produc...
Bank Of America Sees Recessionary Impacts ‘Deep Into 2022’
NEW YORK (AP) — Bank of America's second quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by th...
Zappos Tries Something New: Sell 1 Shoe Instead Of 2
NEW YORK (AP) — Zappos is trying out new ways to sell shoes: allow shoppers to buy a single shoe at a time or purchase a pair in two different sizes.
The tests, which started Tu...
White House Campaign Urges Jobless To ‘Find Something New’
WASHINGTON (AP) — A new White House-backed ad campaign aims to encourage people who are unemployed or unhappy in their jobs or careers to go out and “find something new.”
The op...