Jul 7, 2020 | Finance
The Silicon Valley data-mining firm Palantir Technologies confidentially filed to go public, setting up what could be the biggest stock offering from a technology company since Uber’s debut last year. Founded in 2004 by investors including Peter Thiel, the company...
Jul 7, 2020 | Finance
WASHINGTON (AP) — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April. The Labor Department reported Tuesday that the number of available jobs rose sharply as...
Jul 7, 2020 | Finance
DETROIT (AP) — The U.S. government’s road safety agency is investigating complaints of fuel leaks in older Chevrolet Cobalt small cars and HHR wagons. The probe covers more than 614,000 Cobalts from the 2008 to 2010 model years and HHRs from 2008 and 2009. The...
Jul 7, 2020 | Finance
BRUSSELS (AP) — The European Union’s executive arm forecasts that the bloc’s economy will contract more than previously expected because of the coronavirus pandemic, which has caused lockdowns on business and public life that are only slowly being eased....
Jul 7, 2020 | Finance
DUBAI, United Arab Emirates (AP) — From French soccer jerseys to slick online campaigns, Dubai is trumpeting the fact that it reopened for tourism on Tuesday — but what that means for this sheikhdom that relies on the dollars, pounds, rupees and yuan spent by...
Jul 7, 2020 | Finance
Wall Street’s recent string of big gains came to an abrupt stop Tuesday as stocks closed broadly lower following a pullback in markets overseas. The S&P 500 fell 1.1% after spending most of the day in the red. The sell-off snapped the index’s five-day...
