Walmart to sell UK unit Asda in $8.8 billion deal
LONDON — Retail giant Walmart has agreed to sell its British chain of supermarkets, Asda, to the investors behind an international group of gas stations…
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The Latest: Amazon: Nearly 20,000 workers tested positive
NEW YORK — Amazon says nearly 20,000 of its workers have tested positive or been presumed positive for the virus that causes COVID-19. Amazon says…
US traffic deaths fell 2% in 2019; 3rd straight yearly drop
DETROIT — Traffic deaths in the U.S. fell for the third consecutive year in 2019, the government’s road safety agency reported. The downward trend is…
Average rate on 30-year mortgage tick down to 2.88%
SILVER SPRING, Md. — U.S. average rates on long-term mortgages edged down slightly this week, remaining at historically low levels. Mortgage buyer Freddie Mac reported…
August construction spending up 1.4%, led by home building
WASHINGTON — U.S. construction spending increased 1.4% in August, led by a surge in single-family homes. The gain was double the 0.7% increase in July,…
Business leaders say economy keeps improving after pandemic
OMAHA, Neb. — The economy continues to improve in nine Midwest and Plains states, but business remains slower than before the coronavirus pandemic began, according…
US manufacturing grows in August for fifth straight month
SILVER SPRING, Md. — U.S manufacturing grew at a slightly slower pace last month, continuing a rebound from spring’s coronavirus recession. The Institute for Supply…
Google to pay $1 billion over 3 years for news content
LONDON — Google will pay publishers $1 billion over the next three years for their news content. The internet search giant said today that it…
Consumer spending gains slow to 1% in August
WASHINGTON — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during the pandemic…
Facebook tightens political ad bans as US election nears
WASHINGTON — With just over a month to go before Americans head en masse to the polls in an extraordinarily contentious election, Facebook is expanding…