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Drones, bots and virtual stores: How your pandemic shopping boosted new trends in retail
Business

Drones, bots and virtual stores: How your pandemic shopping boosted new trends in retail

The coronavirus decimated the retail industry in 2020 — but also fueled dramatic advances in new technology. From Walmart’s self-driving delivery trucks to American Eagle’s […]

After grueling year, latest weekly initial jobless claims remain elevated, at 787,000
Business

After grueling year, latest weekly initial jobless claims remain elevated, at 787,000

The number of Americans filing initial weekly jobless claims totaled 787,000 last week, as consumers and businesses continue to navigate restrictive measures amid a rapid […]

Ground zero: What happened to all the coffee shops once corporate America stayed home?
Business

Ground zero: What happened to all the coffee shops once corporate America stayed home?

As former U.S. Marines, Compass Coffee founders Michael Haft and Harrison Suarez are no strangers to hardship. But 2020 has proven to be a challenge. […]

Vaccine and water unseats Mukesh Ambani as Asia’s richest person
Business

Vaccine and water unseats Mukesh Ambani as Asia’s richest person

Asia has a new richest person thanks to his vaccine-making firm and bottled water company. Zhong Shanshan has seen his wealth surge $7bn (£5.1bn) this […]

Ladbrokes owner Entain receives bid from MGM Resorts
Business

Ladbrokes owner Entain receives bid from MGM Resorts

US casino giant MGM Resorts has made an $11bn (£8.1bn) offer for British gaming company Entain, which owns Ladbrokes. The move is the latest attempt […]

Tesla hit half-million car target in 2020
Business

Tesla hit half-million car target in 2020

New York (CNN Business)Tesla (TSLA) hit its goal of building a half-million cars in 2020, a first for the company, it reported Saturday. The completed deliveries to […]

Saying goodbye to a wild year for stocks
Business

Saying goodbye to a wild year for stocks

Nobody could have predicted the market mayhem of 2020. Stocks hit record highs at the start of the year, before worries about the coronavirus pandemic […]

Wall Street to kick out Chinese telecom giants
Business

Wall Street to kick out Chinese telecom giants

The New York Stock Exchange (NYSE) said it will delist three Chinese telecommunications firms based on claimed links with its military China Mobile, China Telecom […]

Bitcoin tops $34,000 as record rally continues
Business

Bitcoin tops $34,000 as record rally continues

Bitcoin’s value surged above $34,000 (£24,850) for the first time on Sunday as the leading cryptocurrency continued to soar. It put the gain this year […]

Department of Labor says no lapse in unemployment benefits for gig workers, long-term unemployed
Business

Department of Labor says no lapse in unemployment benefits for gig workers, long-term unemployed

Despite a delay in signing the most recent piece of coronavirus relief legislation into law, the Department of Labor “does not anticipate” that there will be a […]

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