Business News

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August 15, 2020 - 11:01 am
BY: CATHERINE THORBECKE, ABC NEWS (NEW YORK) -- For many Americans, the pandemic-induced financial crisis has brought an onslaught of economic pain not seen since the Great Depression. The U.S. economy, as measured by real GDP, contracted at a record-shattering 32.9% pace last quarter. Roughly 1 in...
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KNSS News
August 14, 2020 - 3:06 pm
Bity dwellers head south due to pandemic, rise in urban crime.
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August 14, 2020 - 12:27 pm
By CATHERINE THORBECKE, ABC News (NEW YORK) -- Amazon is further expanding its e-commerce empire, announcing on Friday that it's planning to launch a pharmacy in Bangalore, India, amid the COVID-19 pandemic. Amazon Pharmacy will allow customers "to order prescription-based medication in addition to...
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August 14, 2020 - 10:16 am
By OLIVIA RUBIN and SOO RIN KIM, ABC News (WASHINGTON) -- As the U.S. Postal Service finds itself at the center of a growing D.C. political battle, newly disclosed details about the head of the agency's finances have prompted renewed scrutiny over what critics call potential conflicts of interest...
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FILE - In this May 13, 2020, file photo, Ford Motor Co., line workers put together ventilators that the automaker is assembling at the Ford Rawsonville plant in Ypsilanti Township, Mich. American industry rebounded last month as factories began to reopen for the first time since being shut down by the coronavirus in Aprll. The Federal Reserve said Tuesday, June 16, 2020, that industrial production — including output at factories, mines and utilities — rose 1.4% in May after plummeting a record 12.4% in April and 4.6% in March. (AP Photo/Carlos Osorio, File)
KNSS News
August 14, 2020 - 8:49 am
WASHINGTON (AP) — American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck. The Federal Reserve reported Friday that industrial production — including output at factories, mines and utilities...
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August 14, 2020 - 7:30 am
By KELLY MCCARTHY, ABC News (NEW YORK) -- A California medical student is raising awareness about the conditions farmworkers like her mother face -- all with a single tweet about her summer job. Gianna Nino was about to finish her summer job picking blueberries in Patterson, Washington, to return...
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KNSS News
August 13, 2020 - 5:55 pm
FTC to investigate TikTok consumer datea, processing
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KNSS News
August 13, 2020 - 5:40 pm
An agricultural equipment manufacturer plans to invest $43 million to put in a facility in Salina, Kansas, that will create 120 new jobs.
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AP Photo/Eric Gay
KNSS News
August 13, 2020 - 1:28 pm
The number of Americans applying for unemployment dropped below 1 million last week for the first time since the coronavirus outbreak took hold in the U.S. five months ago, but layoffs are still running extraordinarily high.
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August 13, 2020 - 12:45 pm
By KATIE KINDELAN, ABC News (NEW YORK) -- Black women will not achieve equal pay with white men for at least another century, according to a report released Thursday. "What that means in real terms is that my daughter and my daughter’s daughter will not see pay equity in their lifetime if we do...
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