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Economic news

Florida's elderly 'Romeo and Juliet' risk COVID-19 for one final embrace - New York Post

It was love in the time of COVID-19 for a 90-year-old Florida man who died Saturday after he insisted on visiting his beloved wife who had caught the virus. Sam Reck died of coronavirus-related com…
Isabel Vincent

How you can cut the pricey cost of a mortgage refinance - MSN Money

Closing costs typically run into the thousands. But you have several ways to save.

Forget Airline Stocks. These 3 Stocks Are Better Buys Right Now. - Motley Fool

With a recovery looking distant, passenger airlines aren't top prospects.
John Bromels, Scott Levine, and Lee Samaha

Onion Recall: Salmonella outbreak expands to hundreds of people sickened in 43 states - WPVI-TV

A salmonella outbreak caused by onions is expanding and has infected 640 people from 43 states including Pennsylvania, New Jersey, Delaware.

DFC says Kodak deal on hold - 13WHAM-TV

Rochester, N. Y. (WHAM) - The U. S. International Development Finance Corporation (DFC) says its deal with Eastman Kodak is on hold. On July 28, DFC signed a letter of intent with Kodak as part of a federal initiative to shift production of generic prescript…
Sean Mickey

WSJ profile of Tim Cook offers new insight into the life and leadership style of the Apple CEO - 9to5Mac

A new profile from The Wall Street Journal offers an inside look at how Apple has evolved under the leadership of CEO Tim Cook. The report highlights the differences in leadership between Cook and Steve Jobs, including Cook’s more hands-off approach to produc…

Capital One ordered to pay $80 million penalty for its role in a 2019 data breach - The Verge

Capital One will pay an $80 million civil penalty for its role in a 2019 security breach that exposed the personal data of more than 100 million customers. In a scathing report on its investigation into the breach, the Office of the Comptroller of Currency sa…
Kim Lyons

These restaurant chains cut menu items during the pandemic - CNBC

Restaurant chains slimmed down their menus during the coronavirus pandemic to smooth operations, but some of those changes might become permanent.
Amelia Lucas

Winning the electric car race is just the beginning of Elon Musk's plan for Tesla - Business Insider - Business Insider

Musk's automaker dominates the EV market — which remains tiny, at just about 2% of global sales. It has to grow larger.
Matthew DeBord

Canada brewery apologises for beer named 'pubic hair' in Maori - BBC News

The company said it used the Maori word "Huruhuru" to mean its beer was "as light as a feather".
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In a downsized airline industry, focus shifts to leisure travelers - Minneapolis Star Tribune

With business travel greatly decreased, airlines are vying for a much smaller pool of committed, nonbusiness passengers. Perks and amenities are no longer the focus — health and safety are.
Kristen Leigh Painter

It is the state’s largest PPP loan scheme. Three from South Florida have been charged - Miami Herald

Buffett buys back $5.1 billion in Berkshire Hathaway stock as operating earnings take hit from coronavirus - CNBC

Berkshire announced it bought $5.1 billion of its own shares during the second quarter as the pandemic dented the conglomerate's operations.
Fred Imbert

Wendy's is eating McDonald's breakfast - CNN

On March 2, Wendy's finally launched its highly anticipated breakfast menu nationwide. Then, two weeks later, the morning commute basically collapsed because of lockdown measures encouraging people to work from home.
Jordan Valinsky, CNN Business

4 US deaths tied to methanol-based hand sanitizers - The Associated Press

NEW YORK (AP) — Alcohol-based hand sanitizers can help stop the coronavirus from spreading, but drinking the products turned out to be deadly for four people in two states. Health officials...
Mike Stobbe

Chinese users wait to see what impact Trump WeChat ban will have - South China Morning Post

Apple customers worry WeChat could be pulled from app stories, leaving them with a dilemma.

Stocks like PayPal & Apple will emerge from earnings season - CNBC

Analysts see more upside in stocks like PayPal and Apple coming out of earnings season.
Michael Bloom

Bill Gates on Covid-19: Most tests are “completely garbage” - Ars Technica

Gates on vaccines, Trump, and why social media is “a poisoned chalice.”

Nasdaq Valuations Say You’ll Be Stuck at Home for a Long Time - Bloomberg

3 No-Brainer Stocks to Buy That Can Make You Rich - The Motley Fool

These high-growth stocks look to be slam dunks for long-term investors.
Sean Williams