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Tech Drives Indexes Higher on Wall Street After Choppy Start

Big technology companies powered stocks higher on Wall Street on July 20, extending the market’s gains after a three-week winning streak.

July 20, 2020

United Airlines Eyes Mammoth Bay Area Job Cuts

United Airlines has issued a formal notice to state officials that the air carrier intends to chop more than 6,000 jobs at San Francisco International Airport.

July 20, 2020

Pennsylvania Gov. Tom Wolf Unveils 27 Multimodal Projects

Pennsylvania Gov. Tom Wolf recently announced $30.2 million in funding will be dedicated to multimodal projects that are meant to improve safety and mobility.

July 20, 2020

FMCSA Virtual Summit to Focus on Truck Safety

The Federal Motor Carrier Safety Administration will hold a virtual trucking safety summit Aug. 5 to solicit ideas and information on improving the safe operation of property-carrying commercial motor vehicles on the nation’s roadways.

July 20, 2020

Global Air Passenger Slump to Last Until 2023, Moody’s Says

Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only then if effective vaccines and medicines are available, according to Moody’s Investors Service.

July 17, 2020

Tesla Keeps China Growth Going With Record Registrations

Tesla Inc. kept growing in China last month, with registrations of its electric vehicles jumping to a record in the world’s largest market as the coronavirus outbreak receded.

July 17, 2020

°®¶ą´«Ă˝ Construction Jumps 17.3% in June

Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring’s massive slowdown in building activity due to the coronavirus outbreak.

July 17, 2020

COVID-19 Continues to Damage Business at Nation’s Ports on Both Coasts

The COVID-19 pandemic and Trump administration trade policies with China will result in at least a 15% drop in cargo this year at the Port of Los Angeles, the nation’s busiest seaport.

July 17, 2020

Senate GOP to Focus on Schools, Jobs in COVID-19 Stimulus

The Senate’s next round of stimulus funding related to the coronavirus pandemic is likely to assist with education and boost the workforce, the chamber’s leader indicated.

July 16, 2020

Oil Slips as Looming OPEC Supply Surge Adds to Demand Woes

Oil snapped its two-day rally amid a weaker demand outlook underscored by the OPEC+ alliance’s decision to taper production cuts and U.S. economic data signaling a slowing recovery in the labor market.

July 16, 2020