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Traders scratch their heads as financial stock soars 2,800%

An Abu Dhabi-based investment holding company is leaving traders and investors scratching their heads after a 2,819% surge in its stock in the past 12 months with very low trading volumes.

Tax-averse Nashville goes where few other cash-poor cities dare

Nashville’s Music Row has gone quiet, its teeming hotels have emptied and its bustling restaurants, like the Capitol Grille, a fixture since 1910, are open for take-out only.

North Dakota's largest power plant looks set to close

The Coal Creek Station facility is located roughly 50 miles north of Bismarck.

Stocks close mixed as tech gains offset coronavirus jitters

The Nasdaq Composite ended higher for a sixth straight session Monday as shares of major technology companies resumed their rally. The strength in big tech also lifted the S&P 500 to the flatline from losses earlier in the session.

The airline business is terrible and probably will get worse

Delta Air Lines started 2020 celebrating what it said was the most successful year in company history. 

IRS explains why some got smaller COVID-19 relief checks

The IRS on Monday outlined several "common scenarios" explaining why some people received a smaller coronavirus relief payment than they expected.

Trump could offer Americans a deal on Social Security

President Donald Trump is reportedly considering another way to get more money to struggling Americans, by letting them take an advance on their Social Security benefits.

Musk reopens Tesla's plant, dares authorities to arrest him

Elon Musk restarted production at Tesla Inc.’s only U.S. car plant, flouting county officials who ordered the company to stay closed and openly acknowledging he was risking arrest for himself and his employees.

These American brands might not survive the coronavirus

Businesses of all sizes in America are facing an unprecedented crisis as a result of the COVID-19 pandemic.

62 companies hiring nationwide

Grocery stores, businesses that sell online or provide online services, delivery and shipping services, and companies that make and sell household goods, cleaning products, hand sanitizers or medical protective gear are humming along and many are scrambling for help.

America's biggest mall owner to reopen 50% of its centers this week

The biggest U.S. mall owner Simon Property Group said Monday that it plans to have roughly 50% of its properties reopened again within the next week.

US economy may be in for a 'square root'-shaped recovery

A small dead-cat bounce and then lower for longer is what a “square root” implies.

80 million Chinese may already be out of work

The pandemic all but shut down China for several weeks this year, wreaking havoc on the world's second largest economy and forcing millions of people out of work.

A distinct possibility: 'Temporary' layoffs may be permanent

In late March, Britney Ruby Miller, co-owner of a small chain of steakhouse restaurants, confidently proclaimed that once the viral outbreak had subsided, her company planned to recall all its laid-off workers. 

Dental practices led record job losses in April but are already bouncing back

Dental practices shed a record 503,000 jobs in April, but are already starting to bring workers back this month.

Tesla sues California county over plant shutdown

Alameda County ordered the facility closed to prevent the spread of coronavirus and said it was working with Elon Musk's electric car company to resolve the issue.

Former Google CEO Eric Schmidt is reportedly no longer an advisor to the company

While Schmidt might not have his technical advisor role anymore, he remains an Alphabet shareholder after leaving the board seat he held for 18 years.

Double black swan hitting Texas drags down rest of US

In all his years in the Texas oil patch, the billionaire Russell Gordy has never seen a bust like this.

Essential workers fall into an unemployment trap

You can’t get unemployment insurance if you’ve been deemed “essential.”