Apple re-closes some stores, raising economic concerns

Apple re-closes some stores, raising economic concerns

Apple’s Friday decision to close stores in four states with surging coronavirus cases highlights a question that other businesses may soon face: Stay open or prepare for more shutdowns? Apple, like many other major U.S. retailers, shut down all of its U.S....
Chesapeake, struggling to survive, skips $13.5M in payments

Chesapeake, struggling to survive, skips $13.5M in payments

Chesapeake Energy, which has warned that it’s unsure if it can survive much longer, failed to make $13.5 million in interest payments that came due this week, according to a federal filing. The pioneering energy company grew to become one of the largest natural...
Wirecard CEO quits after auditors can’t find $2.1 billion

Wirecard CEO quits after auditors can’t find $2.1 billion

FRANKFURT, Germany (AP) — The chief executive of German payment service provider Wirecard AG resigned on Friday after the company disclosed that auditors could not find 1.9 billion euros ($2.1 billion) in cash, adding to the accounting woes of a firm once regarded as...
Google loses appeal against $56 million fine in France

Google loses appeal against $56 million fine in France

PARIS (AP) — France’s highest administrative court has upheld a fine of 50 million euros ($56 million) Google was ordered to pay for not being “sufficiently clear and transparent” with Android users about their data protection options. Google was first slapped...
Wall Street dips as virus fears drown out economy hopes

Wall Street dips as virus fears drown out economy hopes

NEW YORK (AP) — Wall Street careened through all the forces that have pushed and pulled it through the week, at first rising on Friday amid hope for the economy and then falling on worries about worsening coronavirus levels in some states, all before ending with...