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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Fox Business

Walmart taking guns, ammunition off sales floor during George Floyd protests

Wed, Jun 03, 2020

Walmart has removed guns and ammunition from the sales floor of some stores as protests have spread across the country....

Dow jumps 527 points with economic rebound in focus

Wed, Jun 03, 2020

US job losses are stabilizing boosting investor confidence....

Ex-Enron CEO Skilling launching second act: digital marketplace for oil investors

Wed, Jun 03, 2020

Former Enron CEO Jeffrey Skilling, released last year after a 14-year prison term stemming from the energy firm's collapse, is raising funds to launch a digital marketplace catering to professional oil and gas investors....

US hits 33 Chinese firms, institutions with new trade restrictions

Wed, Jun 03, 2020

The agency has added the companies and institutions to an economic blacklist, accusing them of helping China spy on its minority Muslim Uighur population in Xinjiang....

Pilgrim's Pride CEO, 3 other chicken industry executives indicted for price fixing

Wed, Jun 03, 2020

Four chicken industry executives were indicted Wednesday for allegedly conspiring to fix prices on chickens sold to restaurants and grocery stores....

France says latest US trade threats over digital tax a 'contradiction'

Wed, Jun 03, 2020

French Finance Minister Bruno Le Maire criticized U.S. threats of trade sanctions over digital service taxes, which he said clashed with its calls for G7 unity on other issues....

Campbell Soup sales surge as consumers stock up during pandemic

Wed, Jun 03, 2020

The boost in snacks and canned-goods consumption helped Campbell accomplish its goal of getting customers to stock up on its iconic red-and-white cans of soup....

Trump administration bars Chinese airlines from flying to U.S.

Wed, Jun 03, 2020

The move penalizes China after Beijing failed to comply with an existing agreement on flights between the world's two largest economies....

US tax codes, trade agreements incentivize overseas production, must change: AFL-CIO boss

Wed, Jun 03, 2020

AFL-CIO President Richard Trumka told "Mornings with Maria" the tax code "rewards people for taking jobs offshore."...

Twitter explains labeling policy after Top Dems' tweets go unchecked

Wed, Jun 03, 2020

Twitter sought to clarify its labeling policy after not placing labels on disputed tweets from top Democrats....