Stocks rally on news that second COVID-19 vaccine shows promise

Stocks are rallying again Monday, with the S&P 500 adding more to its record high and the Dow Jones Industrial Average on track to erase the last of its pandemic losses, following another round of encouraging data on a possible coronavirus vaccine.

Third annual DMV Black Restaurant Week underway

DMV Black Restaurant Week has begun – and through Sunday you’ll be able to take advantage of some great deals for a great cause.

Stocks close at record high despite Trump's refusal to concede in 2020 election

A huge fear for Wall Street coming into this month was a contested U.S. presidential election, one that could drag the market through more painful uncertainty.

U.S. bankruptcy court approves sale of J.C. Penney

The U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement that has substantially all of J.C. Penney’s retail and operating assets acquired by Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.

Stocks surge on Wall Street amid vaccine news, US election outcome

The Dow Jones Industrial Average surged 1,500 points, or 5.4%, in early trading Monday and the S&P 500 jumped 3.7% after drugmaker Pfizer said early data show its coronavirus vaccine looks highly effective.

Trader Joe's discloses coronavirus infection rates after report highlights grocer risk

Trader Joe's has disclosed the COVID-19 infection rate among its employees, addressing rising concern over a recent survey that revealed a number of grocery store workers at a Boston market had the disease without showing symptoms.

Historic Speed Unlimited closing
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Another iconic D.C. area business is closing its doors in the era of COVID-19.

Wall Street rallies again as stocks ride post-2020 election wave

Markets are banking on Tuesday's election leading to split control of Congress, which could mean low tax rates, lighter regulation on businesses and other policies that investors like remain the status quo.

Stocks rally after election night slip

Stocks are rallying Wednesday, as investors embrace the upside of more gridlock in Washington, after markets spun through an election night of surprises and sharp swings.

Billions in COVID-19 business loans possibly given to scammers, report says

The Office of Small Business Administration (SBA) Inspector General Michael Ware found that it may have distributed billions of dollars to fraudulent businesses claiming financial distress due to the COVID-19 pandemic, according to a report.

Facebook, Twitter, Google CEOs get earful on bias, warning of new limits

With next week’s election looming, the CEOs of Twitter, Facebook and Google are being scolded by Republicans at a Senate hearing for alleged anti-conservative bias in the companies’ social media platforms.

Stocks plunge as COVID-19 cases surge in US

The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.

Italy closes gyms, shuts eateries early amid rising COVID-19 cases

Italy’s leader has imposed at least a month of new restrictions to fight rising coronavirus infections, shutting down gyms, pools and movie theaters and putting an early curfew on cafes and restaurants.

Coca-Cola will discontinue half of its beverage brands

Last week, the Coca-Cola Company announced that it would discontinue drinks like Tab and Odwalla, but announced on Thursday that it would retire half of its portfolio by the end of the year.

Quibi is shutting down, citing low subscriptions amid COVID-19 pandemic

A short six months after promising to revolutionize video viewing, short-form streaming service Quibi raised a white flag Wednesday and announced it was shutting down.