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…
AP Wire
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…
Amazon to hire 100,000 to keep up with online shopping surge
NEW YORK — Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said today that the new…
UK’s Johnson faces opposition to rewriting EU divorce deal
LONDON — Prime Minister Boris Johnson was trying to dampen down growing opposition today to his plan to unilaterally rewrite Britain’s divorce deal with the…
Gilead Sciences buying Immunomedics in $21 billion deal
NEW YORK — Shares of the cancer drug specialist Immunomedics more than doubled before the market opened Monday, a day after its sale to Gilead…
U.S. Ambassador to China, former Iowa Gov. Branstad, stepping down next month
BEIJING — The U.S. ambassador to China will step down early next month, ending a three-year tenure marked by a trade war and increasingly bitter…
TikTok owner picks Oracle over Microsoft as U.S. tech partner
The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the…
U.S. layoffs remain elevated as 884,000 seek jobless aid
WASHINGTON — The number of Americans applying for unemployment benefits was unchanged last week at 884,000, a sign that layoffs remain stuck at a historically…