Jul 6, 2020 | Finance
It’s time to do your taxes — no more delays. As the coronavirus pandemic took hold this spring, the federal government postponed the traditional April 15 filing deadline until July 15. The move provided some economic and logistical relief for taxpayers dealing with...
Jul 6, 2020 | Finance
LONDON (AP) — The Chinese ambassador to Britain accused Prime Minister Boris Johnson on Monday of meddling in China’s affairs by offering citizenship to 3 million people from Hong Kong following the imposition of a national security law. Ambassador Liu Xiaoming...
Jul 6, 2020 | Finance
WASHINGTON (AP) — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country. The Institute for Supply Management said Monday that its service sector...
Jul 6, 2020 | Finance
SILVER SPRING, Md. (AP) — Uber has widened its reach in the fiercely competitive delivery market by acquiring Postmates in a $2.65 billion all-stock deal, the company said Monday. The acquisition enables the ride-hailing giant to increase its delivery offerings at a...
Jul 5, 2020 | Finance
NEW YORK (AP) — Stocks rallied worldwide Monday as investors bet that the economy can continue its dramatic turnaround despite all the challenges ahead. The S&P 500 rose 1.6%, following up on similar gains in Europe and Asia, and clawed back to within 6.1% of its...
Jul 5, 2020 | Finance
BEIJING (AP) — Mercedes-Benz will recall more than 660,000 vehicles in China later this year for a possible oil leak. A seal between a high-pressure fuel pump and a low-pressure fuel pipe could weaken over time, allowing oil to leak when the engine starts in cold...