Tuesday, August 4, 2020
Aug. 4, 2020

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Wall Street climbs ahead of Fed announcement, led by tech

July 29, 2020, 8:43am Business

NEW YORK — Stocks are rising on Wall Street Wednesday ahead of a Federal Reserve announcement where investors expect the central bank to keep the accelerator floored on its aid for the economy. Read story

Holocaust survivors urge Facebook to remove denial posts

July 29, 2020, 8:39am Business

BERLIN — Holocaust survivors around the world are lending their voices to a campaign launched Wednesday targeting Facebook head Mark Zuckerberg, urging him to take action to remove denial of the Nazi genocide from the social media site. Read story

4 Big Tech CEOs getting heat from Congress on competition

July 29, 2020, 8:30am Business

WASHINGTON — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple — are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry. Read story

MacKenzie Scott begins giving away most of her Amazon wealth

July 29, 2020, 8:30am Business

MacKenzie Scott sees the $59.3 billion she’s accumulated through her ownership of about 4% of Amazon stock as “the product of a collective effort, and of social structures which present opportunities to some people, and obstacles to countless others.” Read story

Providence Academy smokestack to be demolished

July 29, 2020, 6:05am Business

A century-old smokestack near Providence Academy is unsafe and will have to be torn down, according to The Historic Trust. Read story

Late slump leaves stocks lower; gold holds at record high

July 28, 2020, 1:20pm Business

Stocks pulled lower on Wall Street Tuesday following a mixed set of earnings reports from dozens of big U.S. companies. Read story

In reversal, CES gadget show won’t be in-person after all

July 28, 2020, 8:35am Business

NEW YORK — CES, one of the world’s biggest technology conferences, will be a virtual event in January due to the coronavirus pandemic, a reversal from May when organizers said it would go on as a smaller gathering in Las Vegas. Read story

U.S. consumer confidence tumbles in July as COVID-19 spreads

July 28, 2020, 8:30am Business

WASHINGTON — U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country. Read story

Pandemic drives average age of cars in U.S. to a record high

July 28, 2020, 8:26am Business

Drivers are holding on to cars and trucks longer during the coronavirus pandemic. Read story

Port of Vancouver unloads record shipment of wind turbine blades

July 28, 2020, 6:05am Business

Workers at the Port of Vancouver looked the size of ants on Monday as they stood near the largest wind turbine blades to ever reach the West Coast. Read story