U.S. bankruptcy court approves sale of J.C. Penney
NEW YORK — J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a U.S. bankruptcy court approved the sale of the ailing…
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GOP unveils $1.4 trillion spending bill amid post-election turmoil
WASHINGTON — Republicans controlling the Senate unveiled a government-wide, $1.4 trillion spending bill today, a mostly bipartisan measure that faces uncertain odds during this period…
US job openings rise slightly in September, hiring slips
WASHINGTON — American employers advertised slightly more jobs in September but hired fewer people as the U.S. economy struggles to recover from spring’s coronavirus collapse….
Ulta to open beauty shops at 100 Target stores in 2021
NEW YORK — The nation’s largest beauty store chain, Ulta Beauty, has a deal to place shops in more than 100 Target stores by mid-2021….
UK unemployment rises to 4.8%, highest since 2016
LONDON — U.K. unemployment rose to its highest level since 2016 in the three months through September as the COVID-19 pandemic forced employers to shed…
EU files antitrust charges against Amazon over use of data
LONDON — European Union regulators have filed antitrust charges against Amazon, accusing the e-commerce giant of using data to gain an unfair advantage over merchants…
Election, vaccine news bring signs of economic hope
With Election Day in the rearview and promising developments in efforts to create an effective COVID-19 vaccine, markets reflected renewed hope that the nation’s economic…
Galena gallery wins $1,000 in business competition
GALENA, Ill. — A Galena art gallery was awarded $1,000 as part of a business proposal competition. NW Illinois Economic Development recently named Riverbend Gallery…
Election, vaccine news bring signs of economic hope
With Election Day in the rearview and promising developments in efforts to create an effective COVID-19 vaccine, markets reflected renewed hope that the nation’s economic…
FTC says Zoom misled users on its security for meetings
WASHINGTON — Federal regulators are requiring Zoom to strengthen its security in a proposed settlement of allegations that the video conferencing service misled users about…