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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Fox Business

Stock futures trade lower as coronavirus saps buying momentum

Wed, Jul 08, 2020

Stocks snapped a five-day winning streak on Tuesday....

US says Ghosn wired money to man who helped him flee Japan

Wed, Jul 08, 2020

Ghosn fled last December to Beirut from Japan...

Insurer Allstate to buy National General for about $4B

Wed, Jul 08, 2020

National General's shareholders will receive $32 per share in cash and closing dividends of $2.50 per share for each share held...

Tyson employees' coronavirus cases draw advocates' criticism

Wed, Jul 08, 2020

A total of 122 food justice, labor rights, animal welfare, and environmental justice groups wrote a stern letter to Tyson Foods demanding a better plan to protect its workers at its chicken, pork, and beef processing facilities nationwide from the coronavirus....

United warns employees of potential furloughs due to reduced demand

Wed, Jul 08, 2020

United Airlines is preparing for a potential furlough of employees effective Oct. 1 due to reduced demand....

U.S. probing allegations TikTok violated children's privacy: Sources

Wed, Jul 08, 2020

The Federal Trade Commission and the U.S. Justice Department are looking into allegations that popular app TikTok failed to live up to a 2019 agreement aimed at protecting children’s privacy....

Tesla doubters chase surging stock price

Tue, Jul 07, 2020

Some of the most pessimistic Tesla analysts raised their price targets as the stock surges....

Stocks take breather as Nasdaq slips from record levels

Tue, Jul 07, 2020

Investors engage in profit taking after Nasdaq hits fresh records....

Las Vegas casinos dealt new threat amid coronavirus resurgence

Tue, Jul 07, 2020

A resurgence in new COVID-19 cases could steer gamblers away from Las Vegas and towards regional casinos, according to one Wall Street analyst....

Judge rejects Dakota Access request for emergency order

Tue, Jul 07, 2020

A federal judge on Tuesday rejected a request for an emergency order to delay the process of shutting down the Dakota Access pipeline while attorneys appeal a ruling to shutter the pipeline during the course of an environmental review....