Business Stories from June 10, 2020 (Change date)
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US deficit racks up record deficit with 4 months still to goJun 10, 2020 7:00 am - WASHINGTON (AP) - The federal government recorded a budget deficit of $1.88 trillion for the first eight months of this budget year, larger than even any annual shortfal...
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Just Eat Takeaway says it is in talks to merge with GrubhubJun 10, 2020 7:00 am - NEW YORK (AP) - Just Eat Takeaway.com says the European restaurant delivery company is in advanced talks with Grubhub for the two companies to merge. The Amsterdam-base...
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Simon Property, Starbucks fall; Five Below, AMC riseJun 10, 2020 7:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Wednesday: Simon Property Group Inc., down $3.46 to $83.01 The nation's biggest mall owner is backi...
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Ford, VW to collaborate on vans, pickup, electric vehicleJun 10, 2020 7:00 am - DEARBORN, Mich. (AP) - Ford and Volkswagen will each offer a small city van, a larger cargo van, a small pickup truck and an electric vehicle as part of their global all...
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Asian shares edge higher after Wall St rally fizzlesJun 10, 2020 7:00 am - BANGKOK (AP) - Shares were trading slightly higher in Asia on Wednesday after a weekslong rally on Wall Street hit the brakes. Markets rose Wednesday in Tokyo, Hong Kon...
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EU wants tech giants to report monthly on virus fake newsJun 10, 2020 7:00 am - BRUSSELS (AP) - A senior European Union official warned online platforms like Google and Facebook on Wednesday to step up the fight against fake news, coming notably fro...
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Closing prices for crude oil, gold and other commoditiesJun 10, 2020 7:00 am - Benchmark U.S. crude oil for July delivery rose 66 cents to settle at $39.60 a barrel Wednesday. Brent crude oil for August delivery rose 55 cents to $41.73 a barrel. Wh...
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Virus slows Dubai airport, world's busiest for global travelJun 10, 2020 7:00 am - DUBAI, United Arab Emirates (AP) - Perhaps nowhere is the world's lack of flights due to the coronavirus pandemic more clearly felt than at Dubai International Airport, ...
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Ford recalls about 2.5M vehicles for latch, brake troublesJun 10, 2020 7:00 am - DETROIT (AP) - Ford is recalling about 2.5 million vehicles in the U.S., Canada and elsewhere because of a nagging door latch problem and a brake fluid leak. The door la...
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Starbucks takes $3 billion hit to revenue during pandemicJun 10, 2020 7:00 am - Starbucks expects to lose more than $3 billion in revenue in its fiscal third quarter due to the new coronavirus, but said the disruption to its business should subside ...
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