ViacomCBS to rebrand CBS All Access as Paramount Plus
NEW YORK — ViacomCBS will rebrand its CBS All Access streaming service as Paramount Plus, set to debut early next year with new, original shows….
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U.S. industrial production up modest 0.4% in August
WASHINGTON — U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months…
Lego to ditch plastic bags for paper ones in its boxed sets
NEW YORK — Lego said today that it will stop using plastic bags inside its boxed sets and replace them with paper ones. The Danish…
ADB forecasts developing Asian economies in recession in ’20
Developing economies in Asia will contract in 2020, the first such downturn in nearly 60 years, the Asian Development Bank said Tuesday in an update…
UK unemployment keeps rising even as businesses reopen
LONDON — Unemployment in the U.K. edged up in July even though large sections of the economy reopened after the coronavirus lockdown, a signal that…
UK’s Johnson defends planned law, says EU ‘unreasonable’
LONDON (AP) — British Prime Minister Boris Johnson on Monday defended his plan to unilaterally rewrite Britain’s divorce deal with the European Union as an…
UK’s Johnson defends planned law, says EU ‘unreasonable’
LONDON (AP) — British Prime Minister Boris Johnson on Monday defended his plan to unilaterally rewrite Britain’s divorce deal with the European Union as an…
Stocks open higher on Wall Street following burst of deals
Stocks are moving broadly higher on Wall Street in early trading today as investors welcome news of several big corporate deals. The S&P 500 was…
Verizon to buy prepaid phone seller Tracfone for up to $6.9 billion
Verizon, the country’s largest phone company, is buying prepaid phone seller Tracfone for up to $6.9 billion, expanding its low-income customer business. Tracfone, a subsidiary…
OPEC cuts oil demand forecasts, BP sees ‘peak oil’ in 2020s
LONDON — Developing countries’ difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the…