Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma
Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma
Sorted by date Results 26 - 50 of 86
ANNE D'INNOCENZIO AP Retail Writer NEW YORK (AP) — Two major retailers on Thursday joined the growing list of national chains that will require customers to wear face masks regardless of where cities or states stand on the issue. Target's mandatory face mask policy will go into effect Aug. 1, and all CVS stores will begin requiring them on Monday. More than 80% of Target's 1,800 stores already require customers to wear masks due to local and state regulations. Target will hand out masks at entrances to those who need them. T...
ANNE D'INNOCENZIO AP Retail Writer NEW YORK (AP) — Walmart will require customers to wear face coverings at all of its namesake and Sam's Club stores, making it the largest retailer to introduce such a policy that has otherwise proven difficult to enforce without state and federal requirements. The company said Wednesday that the policy will go into effect on Monday to allow time to inform customers. Currently, about 65% of its more than 5,000 stores and clubs are located in areas where there is already some form of g...
BARBARA ORTUTAY AP Technology Writer OAKLAND (AP) - Friday's widespread crashes of popular apps running on the iPhone's iOS operating system - including Tinder, Spotify and Pinterest - serve as a reminder that Facebook is still tracking you through your phone using sophisticated software, even if you're not browsing the social network. Early Friday, users of the apps reported crashes when they tried to open them up. Facebook attributed the problem, which was quickly fixed, to...
STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — U.S. stock indexes are drifting on Wednesday, as more gains for big tech companies help make up for weakness elsewhere across Wall Street. The S&P 500 was 0.1% higher, as of 1:30 p.m. Eastern time, after swinging between an earlier gain of 0.8% and a loss of 0.3%. Treasury yields and oil prices were also holding relatively steady. But caution still hung over markets, as gold nudged toward its highest price since 2011. The up-and-down trading was r...
DAVID KOENIG AP Airlines Writer United Airlines is warning 36,000 employees - nearly half its U.S. staff - they could be furloughed in October, the clearest signal yet of how deeply the virus pandemic is hurting the airline industry. The outlook for a recovery in air travel has dimmed in just the past two weeks, as infection rates rise in much of the U.S. and some states impose new quarantine requirements on travelers. United officials said Wednesday that they still hope to limit the number of layoffs by offering early...
STAN CHOE AP Business Writer NEW YORK (AP) — Most of Wall Street is slipping in midday trading on Tuesday, giving back some of the big gains made the past couple weeks, but a handful of tech giants bucked the trend and kept the market's losses in check. Seven out of 10 stocks in the S&P 500 were dropping, and the index was 0.1% lower, as of noon Eastern time. Stocks sank more in France, Germany and elsewhere after the European Union's executive arm said this year's recession caused by the coronavirus pandemic will be deeper t...
CHRISTOPHER RUGABER and JOYCE M. ROSENBERG AP Business Writers WASHINGTON (AP) — The Treasury Department on Monday released the names of more than 650,000 companies that received funds from the government's small business lending program, a massive effort intended to support the economy as states shut down in April to contain the viral outbreak. Treasury identified just a fraction of the total borrowers, naming only those companies that got more than $150,000. Those firms made up less than 15% of the nearly 5 million small c...
STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks closed broadly higher on Wall Street Thursday as investors welcomed a report showing the U.S. job market continues to climb out of the crater created by the coronavirus pandemic. The S&P 500 rose 0.5%, its fourth-straight gain. The index ended the holiday-shortened week with a gain of 4%. The Nasdaq composite climbed to another all-time high, aided by more gains in technology companies. Energy companies notched some of the biggest gains as o...
JUAN A. LOZANO Associated Press HOUSTON (AP) - The din of conversation and music that normally fills The Cottonmouth Club in downtown Houston fell silent last Friday when the owners shut it down for a second time during the coronavirus pandemic - a week before the Texas governor ordered all bars to follow suit amid a surge in infections. Co-owner Michael Neff - questioning what he saw as a rush to reopen by the state and wondering if his industry was making things worse as...
ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Stocks on Wall Street fell sharply Friday as confirmed new coronavirus infections in the U.S. hit an all-time high, prompting Texas and Florida to reverse course on the reopening of businesses. The combination injected new jitters into a market that's been mostly riding high since April on hopes that the economy will recover from a deep recession as businesses open doors and Americans begin to feel more confident that they can leave their homes again. The S&P 500 dropped...
BERLIN (AP) — Bayer will pay up to $10.9 billion to settle litigation over the subsidiary Monsanto's weedkiller Roundup, which has faced thousands of lawsuits over claims it causes cancer, the German-based company said Wednesday. Bayer said it was also paying up $1.22 billion to settle two additional areas of intense litigation, one involving PCB in water, and one involving dicamba, another weedkiller. The company said the Roundup settlement involves about 125,000 filed and unfiled claims. Under the agreement, Bayer will m...
ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Stocks fell sharply on Wall Street Wednesday as new coronavirus cases in the U.S. climbed to the highest level in two months, dimming investors' hopes for a relatively quick economic turnaround. The S&P 500 was down 2.6% in late-afternoon trading, giving back all of its gains for the month. The selling, which followed a skid in European stock indexes, accelerated around mid-morning on news that New York, New Jersey and Connecticut will require visitors from states with high...
JOSEPH PISANI AP Retail Writer NEW YORK (AP) - Amazon said Tuesday that its carbon footprint rose 15% last year, even as it launched initiatives to reduce its harm on the environment. The online shopping giant said activities tied to its businesses emitted 51.17 million metric tons of carbon dioxide last year, the equivalent of 13 coal burning power plants running for a year. That's up from 2018, when it reported a carbon footprint of 44.4 million metric tons. Amazon...
MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) - Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with "significant uncertainty" about the timing and strength of a recovery. He cautioned that the longer the recession lasts, the worse the damage that would be inflicted on the job market and businesses. In testimony to Congress, Powell stressed that the Fed is committed to using all its financial tools to cushion the...
JOSH BOAK and ANNE D'INNOCENZIO AP Business Writers BALTIMORE (AP) — American shoppers ramped up their spending on store purchases by a record 17.7% from April to May, delivering a dose of energy for retailers that have been reeling since the coronavirus shut down businesses, flattened the economy and paralyzed consumers during the previous two months. The government's report Tuesday showed that consumers' retail purchases have retraced some of the record-setting month-to-month plunges of March (8.3%) and April (14.7%) as b...
STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are falling again Monday on fears that new waves of coronavirus infections could derail the swift economic recovery that Wall Street was sure was on the way. The S&P 500 was down 0.9% in midday trading, though it pared its loss through the morning after being down 2.5% earlier. It follows up on even sharper losses in Asia and milder moves in Europe. The recent stumble for U.S. stocks means they're now 11% below their record set in February, after a furious rally had b...
NEW YORK (AP) — State officials in California and Washington are reviewing Amazon's business practices to determine whether the company is violating any laws with respect to the independent merchants that sell goods on its site, according to published reports. The Wall Street Journal reported Friday that California is examining the retail giant's business practices, focusing partly on how Amazon treats independent sellers on its platform. Also on Friday, The New York Times reported that state investigators in Washington a...
ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Wall Street managed to end a bumpy day broadly higher Friday but still finished with its worst week in nearly three months. The S&P 500 rose 1.3% a day after dropping nearly 6% in its biggest rout since mid-March. It lost 4.8% for the week, snapping a three-week winning streak for the benchmark index. Small-company stocks and bond yields rose, meaning investors were a bit more willing to take on risk again a day after the sell-off. The volatility this week interrupted what h...
STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Wall Street's rally is spilling into a new week as most stocks continue to ride the high supplied by Friday's surprisingly encouraging report on the U.S. jobs market. The S&P 500 was up 0.5% in midday trading on Monday, bringing it back within 5.3% of its record set in February, as optimism strengthens that the worst of the coronavirus-induced recession may have already passed. Stocks that would benefit most from an economy that's growing again were rising the...
ANDREW DALTON AP Entertainment Writer LOS ANGELES (AP) - A writer from a "Law & Order" spin-off and the play-by-play broadcaster for the NBA's Sacramento Kings found themselves out of jobs after making social media posts this week that their bosses found too incendiary or insensitive, highlighting an apparent surge in such firings across many lines of work. Lost jobs over social media statements that seemed like a good idea at the time have become a common occurrence, but the...
MATT OTT, TED SHAFFREY and LISA MARIE PANE Associated Press NEW YORK (AP) — The trading floor of the New York Stock Exchange reopened Tuesday in a largely symbolic step toward economic recovery, and stocks surged at the opening bell, even as the official U.S. death toll closed in on 100,000, a mark President Donald Trump once predicted the country would never see. With infections mounting rapidly in places like Brazil and India, a top global health official warned that the crisis around the world is far from over. The NYSE t...
MATT O'BRIEN AP Technology Writer Apple and Google on Wednesday released long-awaited smartphone technology to automatically notify people if they might have been exposed to the coronavirus. The companies said 22 countries and several U.S. states are already planning to build voluntary phone apps using their software. It relies on Bluetooth wireless technology to detect when someone who downloaded the app has spent time near another app user who later tests positive for the virus. Many governments have already tried, mostly...
MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) — The Trump administration has started giving energy companies temporary breaks on royalties and rent they pay to extract oil and gas from leases on public lands because of the coronavirus pandemic. The move drew quick criticism as a handout to industry that will mean less money for state governments. A Democratic lawmaker called for an investigation into whether the breaks were justified. Government data shows companies in Utah receiving steep cuts in the standard 12.5% r...
ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Stocks are mixed in midday trading on Wall Street Tuesday, a day after the market had its biggest jump in more than five weeks. The S&P 500 was up 0.1% after wavering between gains and losses for much of the day. Technology stocks rose, offsetting losses in health care companies, banks and elsewhere in the market. Bond yields mostly fell, a sign that investors were feeling cautious. Investors are betting that the economy and corporate profits will begin to recover from the...
ANNE D'INNOCENZIO AP Retail Writer NEW YORK (AP) — The coronavirus pandemic has pushed the storied but troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. As part of its reorganization, the 118-year-old company said late Friday it will be shuttering some stores. It said the stores will close in phases throughout the Chapter 11 process and details of the first phase will be disclosed in the coming weeks. Penney is the biggest retailer to file for bankruptcy...
