Department store chain Neiman Marcus emerges from bankruptcy
Neiman Marcus Holding Co said on Friday it has completed its Chapter 11 bankruptcy protection process, emerging from one of the highest-profile retail collapses during the COVID-19 pandemic.
SpaceX handed loss in challenge over Air Force contract
A federal judge plans to deny SpaceX’s challenge to U.S. Air Force contracts awarded to its rivals, writing in a Thursday court filing that the Pentagon properly assessed the development of SpaceX CEO Elon Musk’s Starship rocket system as “too risky and expensive.”
White House slams FBI chief Wray over voter fraud testimony
FBI Director Christopher Wray faced criticism from the White House for the second time in a week on Friday when President Donald Trump’s chief of staff questioned his ability to detect voter fraud as the November election draws near.
Tech leads Wall Street higher as virus fears rise
Technology stocks again rode to Wall Street’s rescue on Friday, propelling the main indexes higher, but the Dow and the S&P 500 were on track for their longest weekly losing streak in a year after fears of an economic slowdown sparked a sell-off.
Alphabet settles shareholder suit over sexual misconduct cases
Alphabet Inc on Friday settled a shareholder lawsuit that accused the Google parent of covering up lavish exit packages to executives found responsible for sexual misconduct, saying it would overhaul workplace policies and increase oversight of its diversity efforts.
Teenager charged with killing two Kenosha protesters fights extradition
Kyle Rittenhouse, the teenager charged with killing two protesters and injuring another during demonstrations about race and justice in Kenosha, Wisconsin, will fight extradition from Illinois, his lawyer told a court hearing on Friday.