GM Fills Truck Plant Vacancies With Salaried Workers, Angering Union

The car maker is taking the unusual step of tapping salaried employees to keep the lines running at a plant near St. Louis as the pandemic continues impact staffing. GM's move drew objections from union leaders. 


 
American Airlines to Cut 19,000 Jobs by Oct. 1 When Federal Aid Ends

American Airlines said it would shed 19,000 workers by Oct. 1 as the carrier prepares to downsize to cope with the coronavirus pandemic's blow to travel demand, which isn't expected to rebound for years. 


 
Apple Can't Block 'Fortnite' Creator From Developer Tools, Judge Rules

A California federal judge granted the maker of "Fortnite" a partial reprieve in its battle against Apple. 


 
Best Buy's Growth Is Crimped by Product Shortages

The electronics retailer's online sales surged in the latest quarter as consumers bought laptops, appliances and other items that help them work and cook from home, but executives said product shortages crimped the gains. 


 
Fitbit Can't Race Past Google's Shadow

New smartwatches and fitness tracker come as Google buyout remains up in the air. 


 
Facebook to Challenge Thailand's Order to Block Website Focused on Monarchy

Thai government ordered Facebook to block access to a popular group that scrutinized the royal family's role in politics, a politically sensitive subject in the country. 


 
Ant Group's Filing for Big IPO Reveals Firm's Large Profits

The Chinese financial-technology giant controlled by Jack Ma released detailed financials for the first time as it gears up for what is likely to be a record-breaking IPO. The filing showed a highly profitable business with more than one billion annual active users on its Alipay app. 


 
SBA Accused of Skirting Financial Disclosure Rule

A watchdog panel of government inspectors general is asking the Small Business Administration to provide full disclosure of borrowers who received Paycheck Protection Program loans of $25,000 and up. 


 
Smith & Wesson Shuffles Finance Chiefs Amid Boom in Gun Sales

Smith & Wesson Brands' new finance chief faces the challenge of navigating the gun industry's booms and busts, as a recent surge in firearms demand calls for a ramp-up in production even as the company looks to stay lean. 


 
Carlyle Buys Eight Solar Projects in Maine

Carlyle Group has acquired eight solar projects in Maine as the asset manager seeks to capitalize on New England's expanding renewable-energy market.