Business

Vehicles are seen parked at the Tesla car plant Monday, May 11, 2020, in Fremont, Calif. The parking lot was nearly full at Tesla's California electric car factory Monday, an indication that the company could be resuming production in defiance of an order from county health authorities. (AP Photo/Ben Margot)
Associated Press
May 12, 2020 - 8:23 am
Tesla CEO Elon Musk has emerged as a champion of defying stay-home orders intended to stop the coronavirus from spreading, picking up support — as well as critics — on social media. Among the supporters was President Donald Trump, who on Tuesday morning tweeted that Tesla's San Francisco Bay Area...
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FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Musk is threatening to pull the company’s factory and headquarters out of California in an escalating spat with local officials over reopening an electric vehicle plant. On Twitter Saturday afternoon, May 9, 2020. Musk also threatened to sue over Health Department coronavirus restrictions that have stopped Tesla from restarting production at its factory in Fremont south of San Francisco. (AP Photo/Susan Walsh, File)
Associated Press
May 11, 2020 - 7:09 am
Tesla CEO Elon Musk threatened Saturday to pull the company’s factory and headquarters out of California and sued local officials who have stopped the company from reopening its electric vehicle factory. In a lawsuit filed in federal court, Tesla accused the Alameda County Health Department of...
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FILE - In this May 7, 2020, file photo, a pedestrian walks by The Framing Gallery, closed due to the COVID-19 pandemic, in Grosse Pointe, Mich. The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. (AP Photo/Paul Sancya, File)
Associated Press
May 08, 2020 - 9:06 am
WASHINGTON (AP) — The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. The losses, reported by...
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FILE - In this Nov. 15, 2019, file photo an Uber office is seen in Secaucus, N.J. Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic. (AP Photo/Seth Wenig, File)
Associated Press
May 07, 2020 - 4:53 pm
NEW YORK (AP) — Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain. The ride-hailing giant said Thursday it is offloading...
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FILE - In this April 30, 2020 file photo, a man writes information in front of Illinois Department of Employment Security in Chicago. U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse with coronavirus outbreak closing the offices, factories, schools, construction sites and stores that propel the U.S. economy. The Wednesday, May 6, report from payroll company ADP showed the tragic depth and scale of job losses that left no part of the world’s largest economy unscathed.  (AP Photo/Nam Y. Huh, File)
Associated Press
May 07, 2020 - 6:14 am
WASHINGTON (AP) — Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the viral outbreak deepened the worst U.S. economic catastrophe in decades. Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the...
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Wynn Resorts
© Cia Pix | Dreamstime.com
Associated Press
May 07, 2020 - 5:17 am
Wynn Resorts Ltd. on Wednesday reported a first-quarter loss of $402 million, after reporting a profit in the same period a year earlier.
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The Airbnb logo is displayed on a computer screen on August 3, 2016 in London, England.
Carl Court/Getty Images
Mitch Kelly
May 06, 2020 - 7:06 am
Airbnb is banning all house parties in Las Vegas "until further notice".
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FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. U.S. auto safety investigators have found no apparent defect with the passenger air bag seat sensors in thousands of older General Motors sedans. The National Highway Traffic Safety Administration denied a 2013 petition filed by a private crash investigator seeking a formal investigation of full-size cars including the Chevrolet Impala from the 2004 to 2010 model years. (AP Photo/Matt Rourke, File)
Associated Press
May 06, 2020 - 6:20 am
DETROIT (AP) — General Motors' first-quarter net income fell 88%, but it still managed to make $247 million despite the arrival of the global coronavirus pandemic. U.S. automakers suspended production in much of the world in late March. For GM, that clipped revenue for the quarter by 6%, to $32.7...
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Exterior photo of the MGM Grand Hotel/Casino June 30, 2005 in Las Vegas, Nevada
Ethan Miller/Getty Images
Mitch Kelly
May 06, 2020 - 5:13 am
Layoffs could be coming for furloughed employees at MGM Resorts International.
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In a June 20, 2019 photo, a dealer conducts a card game at the Hard Rock casino in Atlantic City N.J. On Tuesday, May 5, 2020 unions and casino workers in four states called for casinos to provide protective equipment and adopt strict cleaning and health measures before casinos reopen in the U.S. (AP Photo/Wayne Parry)
Associated Press
May 05, 2020 - 10:41 am
ATLANTIC CITY, N.J. (AP) — Casino workers across the country want their employers to provide them with protective equipment and adopt tough new cleaning and social distancing policies before the gambling halls reopen during the coronavirus outbreak. Union leaders and workers from casinos in Las...
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