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New coronavirus cases in the United States hit a record high, raising investor concerns about the pace of the economic recovery.

The U.S. campaign to hamstring China’s Huawei Technologies Co. is gaining fresh impetus as the Trump administration chokes off supplies of vital microchips and Beijing causes dismay on both sides of the Atlantic with its stance on Hong Kong and the coronavirus.

American Airlines Group Inc. said it would sell flights to capacity starting July 1, abandoning caps on passenger loads that were designed to promote social distancing amid the coronavirus pandemic.

Diplomats have agreed on a provisional list of 15 countries, including Canada, Japan, Australia and South Korea, that should be allowed into the EU because their level of new COVID-19 cases meets the bloc’s safety criteria, according to a draft seen by Bloomberg.

Kanye West’s Yeezy fashion label is coming to Gap.

Investors will get an eighth of a warrant for every share held and each warrant will entitle them to purchase one share at US$22, the Houston-based company said in a statement.

After months of empty roads, lockdowns were easing and people were getting behind the wheel again. A station in Northern California was selling gasoline for a whopping $5.98 a gallon.

Amazon.com Inc., Overstock.com Inc., and Fisher Scientific Inc. have won highly lucrative U.S. government e-commerce contracts, giving them the power to control how vendors sell billions of dollars in goods to federal agencies.

Government lawyers have met with developers as recently as last week and are asking questions about Apple’s rules that require apps to use its App Store payment system for subscriptions, said the people, who declined to be identified discussing a confidential matter.

Nike Inc. is cutting jobs as the world’s largest athletic brand refocuses on selling directly to consumers, pushing further away from a traditional retail channel that’s been ravaged by the pandemic.

GM seeks to press ahead with the lawsuit, claiming Fiat Chrysler got better contracts than competing carmakers by bribing union officials. The added labour expenses increased GM’s costs by billions of dollars, the company says.

Exxon Mobil Corp. is preparing to cut jobs in the U.S. as the oil giant focuses on a slimmed-down and more efficient organizational structure, according to people familiar with the matter.

Turns out Jon Stewart's new film isn't 'Irresistible.'

Intu, which owns nine of the U.K’s top 20 shopping centres, fell into administration on Friday after failing to reach a deal with its creditors.

“The banking system remains well capitalized under even the harshest of these downside scenarios.” Fed Vice Chairman for Supervision Randal Quarles said in the statement.