Chron.com

Luby’s, the iconic but struggling Texas cafeteria chain known for its comfort foods, plans to sell its restaurant business and assets to pay shareholders long unhappy with the Houston company’s financial performance.

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New York Times

The latest on stock market and business news during the coronavirus outbreak.

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Yahoo Entertainment

The U.S. Senate unanimously approved legislation on Wednesday giving small businesses up to 24 weeks to use Paycheck Protection Program loans created during the coronavirus pandemic, up from the current eight-week deadline. The legislation, already passed by…

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HuffPost

The states said they'd received reports of overcrowded stores, a lack of social distancing and workers who felt pressure to clock in.

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CNN

Walmart is removing firearms and ammunition from sales floors in some of its stores following nationwide protests sparked by the death of George Floyd.

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USA Today

Ben & Jerry's posted, "The murder of George Floyd was the result of inhumane police brutality that is perpetuated by a culture of white supremacy."

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Bloomington Pantagraph

Comcast has gone down for thousands of customers in multiple states, according to widespread reports.

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Gizmodo.com

As the future of theaters remains uncertain post-pandemic, cinema chain AMC said in a regulatory filing this week that “substantial doubt exists” about its “ability to continue as a going concern” and its chances of springing back even after its theaters are,…

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9to5Mac

A federal judge has ruled that Apple has to face a lawsuit accusing the company of hiding the fact that iPhone demand in China was declining, leading to “tens of billions of dollars in shareholder losses.” The specific focus is on the comments made by Apple C…

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Fox Business

Private equity investments can generate massive returns but also great losses.

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Investor's Business Daily

Gilead Sciences' coronavirus treatment, remdesivir, could capture nearly $8 billion in 2022 sales, an analyst said Wednesday as he upgraded GILD stock.

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CNBC

Finding good news in the loss of another 3 million jobs isn't easy, but the steep drop in private payrolls for May could be a sign that the worst over.

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WYFF4 Greenville

Sixteen Upstate and Western North Carolina BI-LO stores will become Food Lions, after being bought out by the company, officials say.

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The Wall Street Journal

Meg Whitman, CEO of the short-form streaming service, will accept a reduction in compensation

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