EU wants tech giants to do more to counter virus fake news

EU wants tech giants to do more to counter virus fake news

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 from countries like China and Russia, but she praised the approach of Twitter for fact-checking a tweet...
Buyer’s remorse: Mall deal implodes as virus shakes retail

Buyer’s remorse: Mall deal implodes as virus shakes retail

NEW YORK (AP) — The nation’s largest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes the retail industry. Simon Property Group announced it would buy Taubman Centers in early February, just weeks before the...
Ford, VW to collaborate on vans, pickup, electric vehicle

Ford, VW to collaborate on vans, pickup, electric vehicle

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 alliance announced last year. The companies announced some details of what the venture will yield...
May consumer prices fall 0.1%, the third consecutive month

May consumer prices fall 0.1%, the third consecutive month

WASHINGTON (AP) — U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession. The Labor Department said Wednesday that its consumer price index fell 0.1% last month after tumbling 0.8% in...
Virus pummels global economy, jobs – even without 2nd wave

Virus pummels global economy, jobs – even without 2nd wave

PARIS (AP) — The virus crisis has triggered the worst global recession in nearly a century — and the pain is not over yet even if there is no second wave of infections, an international economic report warned Wednesday. Hundreds of millions of people have lost...
Outcry as some nursing homes try to grab stimulus checks

Outcry as some nursing homes try to grab stimulus checks

WASHINGTON (AP) — Compounding the hardships of the coronavirus, some nursing homes have demanded that low-income residents turn over their $1,200 economic stimulus checks, a cash grab lawmakers want to halt. On Tuesday, Sens. Chuck Grassley, R-Iowa, and Ron Wyden,...