Facebook Takes Down a Network of Accounts Tied to Roger Stone
Facebook said it had removed a network of more than 100 pages and accounts linked to Roger Stone, the longtime confidant of President Trump, because it violated company rules against coordinated inauthentic behavior.
Amazon Settles Allegations of U.S. Sanctions Violations
The e-commerce giant's screening system allegedly failed to flag transactions with blacklisted customers.
IBM Acquiring Software-Bot Maker WDG Automation
WDG Automation's software, which features artificial-intelligence capabilities, enables businesses to automate workplace tasks. The company, based in São José do Rio Preto, Brazil, has more than 600 prebuilt robotic process automation functions.
Costco's Shares Rise as Sales Jump in June
Shares of Costco Wholesale rose in after-hours trading after the company posted an increase in sales in June as consumers stockpiled items during lockdown measures in response to the coronavirus pandemic.
Wirecard Under Criminal Scrutiny in Probe of Alleged Bank Fraud
The Justice Department is examining whether scandal-plagued German payment company Wirecard played a critical role in an alleged $100 million bank-fraud conspiracy connected to an online marijuana marketplace, according to people familiar with the investigation.
United Warns It May Cut Almost Half Its U.S. Workforce
United Airlines said it could be forced to shed almost half its U.S. workforce, telling 36,000 employees that they could be furloughed from Oct. 1 because of the pandemic-driven slump in passenger demand.
Rio Tinto to Close 'Uneconomic' New Zealand Smelter
Rio Tinto is closing its sole aluminum smelter in New Zealand by August next year, causing the loss of about 2,600 jobs, after a review found it wasn't financially viable.
Bed Bath & Beyond to Close 200 Stores
The retailer posted a 49% drop in quarterly sales after the coronavirus temporarily closed most of its stores.
Brooks Brothers, Hurt by Casual Friday and Virus, Files for Bankruptcy
Brooks Brothers, which dressed the American business class in pinstripes for more than 200 years, survived two world wars and the shift to casual dressing. But it was no match for the coronavirus pandemic.
Kitchen-Supply Chain Sur La Table Files for Bankruptcy
The retailer, which sells high-end cookware and offers gourmet-cooking classes at its stores, filed for bankruptcy protection with a buyout offer from investment firm Fortress.
