Plenty of overhead in this market: Betting on drone races
ATLANTIC CITY, N.J. — In the “gamblers will bet on absolutely anything” category, here’s a new one: A major sports book is taking bets on…
AP Wire
Roku buys library of the short-lived streaming service Quibi
Roku is buying the content library of Quibi, the short-lived streaming service, to bulk up its own free ad-supported channel. Quibi, short for quick bites,…
US loses 140,000 jobs, first monthly loss since spring
WASHINGTON — U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as…
UK watchdog investigates Google’s ad data revamp proposals
LONDON — Britain’s competition watchdog said today it launched an investigation into Google’s plan to overhaul its ad data system over worries it could leave…
Didn’t get your relief payment yet? You aren’t alone
Didn’t get your second relief check yet? You aren’t alone. While the IRS and Treasury have distributed the bulk of the anticipated $164 million in…
New Mercedes screen to stretch nearly full width of car
FRANKFURT, Germany — Daimler’s Mercedes-Benz has unveiled a key interior component of its upcoming electric luxury sedan: a large, curved screen that sweeps across almost…
US long-term mortgage rates hit new lows; 30-year at 2.65%
WASHINGTON — U.S. long-term mortgage rates declined this week to record lows for the first week of 2021. The year opens against the continuing backdrop…
Retail’s online future grows brighter after pandemic bump
Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. The COVID-19 pandemic has accelerated the…
US trade deficit jumps to $68.1 billion in November
WASHINGTON — The U.S. trade deficit jumped to $68.1 billion in November as a surge in imports overwhelmed a smaller increase in exports. The November…
US unemployment claims slip to still-high 787,000
WASHINGTON — The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral…