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  • Apple’s iPhone 12 delay knocks more than $100 billion off market cap

    Apple’s iPhone 12 delay knocks more than $100 billion off market cap

    October 30, 2020 | 10:41am

    Apple’s decision to not give any iPhone 12 sales guidance during its Thursday earnings call cost it $100 billion. Shares of Apple are down more than 5 percent since it reported its fourth
  • Stocks drop as COVID-19 fears lead to Wall Street’s worst week in months

    Stocks drop as COVID-19 fears lead to Wall Street’s worst week in months

    October 30, 2020 | 09:53am

    US stocks tumbled again Friday as renewed fears about the coronavirus pandemic put Wall Street on pace for its worst week in months. The Dow Jones industrial average sank as much as 127.87 points, or
  • Moderna will have 20M COVID-19 vaccines ready by year’s end

    Moderna will have 20M COVID-19 vaccines ready by year’s end

    October 30, 2020 | 07:59am

    Biotech firm Moderna expects to have about 20 million doses of its experimental coronavirus vaccine ready to ship in the US by the end of the year. The Massachusetts-based drug developer will be
  • US GDP jumps 7.4 percent in third quarter, a record-setting rebound

    US GDP jumps 7.4 percent in third quarter, a record-setting rebound

    October 29, 2020 | 02:32pm

    The US economy staged a record-setting rebound from a bad case of the coronavirus in the third quarter — but the nation has yet to shake all of its symptoms.America’s gross domestic product —
  • ‘Songbird’ trailer: Michael Bay imagines four-year COVID lockdown hell

    ‘Songbird’ trailer: Michael Bay imagines four-year COVID lockdown hell

    October 29, 2020 | 02:31pm

    Because reality isn't bad enough.
  • Surge in online sales at Taco Bell helps Yum beat quarterly results

    Surge in online sales at Taco Bell helps Yum beat quarterly results

    October 29, 2020 | 01:16pm

    Yum Brands, parent of fast-food giants KFC, Taco Bell and Pizza Hut, posted a smaller-than-expected drop in comparable sales and beat profit estimates Thursday, helped by strong online sales at its
  • Comcast feels sting of pandemic as theme parks, movie studio squeezed

    Comcast feels sting of pandemic as theme parks, movie studio squeezed

    October 29, 2020 | 10:39am

    Comcast saw a 19 percent drop in third-quarter revenue at its NBCUniversal unit as the coronavirus continued to wreak havoc on its theme parks and movie business.The Philadelphia-based cable giant
  • Stocks climb as strong economic data follows COVID-19 selloff

    Stocks climb as strong economic data follows COVID-19 selloff

    October 29, 2020 | 10:31am

    US stocks posted tentative gains Thursday as strong economic data helped Wall Street recover from its coronavirus-fueled selloff.The Dow Jones industrial average climbed as much as 89.19 points, or
  • Economy Grows at Record Pace in Third Quarter, Remains Below Pre-Pandemic Levels | National Review

    Economy Grows at Record Pace in Third Quarter, Remains Below Pre-Pandemic Levels | National Review

    October 29, 2020 | 09:44am

    GDP increased by an annualized rate of 33.1 percent during the third quarter, the Commerce Department reported Thursday.
  • Deutsche Bank eyes bonus hikes after surprise quarterly profit

    Deutsche Bank eyes bonus hikes after surprise quarterly profit

    October 28, 2020 | 10:40am

    Deutsche Bank plans to reward its top-performing bankers with higher bonuses this year after its investment arm helped it post a surprise third-quarter profit. The German megabank has piled up a
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