David Koenig, Associated Press | Posted Jul 2nd - 8:00am
American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic.
Mark Sherman, Associated Press | Posted Jul 2nd - 7:53am
The Supreme Court will consider ending a lawsuit that claims Nestle and Cargill facilitated the use of child slave labor on cocoa farms in Ivory Coast, a case that could further limit access to U.S. courts by victims of human rights abuses abroad.
Tom Krisher, Associated Press | Updated Jul 2nd - 7:36am
Tesla says it delivered more electric vehicles worldwide in the second quarter than it did in the first. The increase came even though coronavirus restrictions forced it to shut down its only U.S. factory for much of the period.
At least 123 people were killed Thursday in a landslide at a jade mine in northern Myanmar, the worst in a series of deadly accidents at such sites in recent years that critics blame on the government's failure to take action against unsafe conditions.
Nasser Karimi and Jon Gambrell, Associated Press | Updated Jul 2nd - 7:08am
A fire broke out early Thursday at a building above Iran's underground Natanz nuclear enrichment facility, though officials said it did not affect its centrifuge operation or cause any release of radiation.
Christopher Rugaber, Associated Press | Updated Jul 2nd - 7:04am
U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month yet still remained far short of regaining the colossal losses it suffered this spring.
Nicole Winfield and David McHugh, Associated Press | Updated Jul 2nd - 6:25am
Europe has limited the rise in unemployment caused by the pandemic with a wide array of government support programs, but that cannot hide widespread economic distress and anxiety among workers and small business owners.
David Rising and Jake Coyle, Associated Press | Posted Jul 2nd - 5:28am
The United States and South Africa have both reported record new daily coronavirus infections, with U.S. figures surpassing 50,000 cases a day for the first time, underlining the challenges still ahead as nations press to reopen their virus-devastated economies.