Disney leads companies announcing layoffs; big airline job cuts loom – CNBC

An employee cleans the grounds behind the closed gates of Disneyland Park on the first day of the closure of Disneyland and Disney California Adventure theme parks, in Anaheim, California, on March 14, 2020.DAVID MCNEW | AFP | Getty ImagesA number of job cuts have been announced in the last 24 hours as companies grapple…

Airlines are hours away from cutting more than 30,000 jobs without billions more in federal aid – CNBC

Association of Flight Attendants International President Sara Nelson joins airline executives, fellow union heads and political leaders to call on Congress to pass an extension of the Payroll Support Program to save thousands of jobs, during a news conference outside the U.S. Capitol September 22, 2020 in Washington, DC.Chip Somodevilla | Getty ImagesThe terms of…

Palantir, the controversial data company, is set to make its Wall Street debut – CNN

Palantir Technologies, the secretive data company best known for taking on controversial work for the US government, is expected to make its Wall Street debut Wednesday.

Ford recalls over 700K vehicles; backup cameras can go dark – Fox Business

DETROIT — Ford is recalling more than 700,000 vehicles in North America because the backup cameras can show distorted images or suddenly go dark.The recall covers most 2020 versions of Ford’s F-Series trucks, as well as the 2020 Explorer, Mustang, Transit, Expedition, Escape, Ranger and Edge. Also included are the Lincoln Nautilus and Corsair. F-Series trucks…

Market Coverage: Wednesday September 30 Yahoo Finance – Yahoo Finance

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U.S. economy plunges 31.4% in the second quarter but a big rebound is expected – CNBC

The U.S. economy plunged at a record rate in the spring but is poised to swing to a record increase in the quarter that is just ending.The Commerce Department reported Wednesday that the gross domestic product, the economy’s total output of goods and services, fell at a rate of 31.4% in the April-June quarter, only…

Companies added better than expected 749,000 jobs amid jump in construction, hospitality, ADP says – CNBC

Companies added jobs at a faster-than-expected pace in September due in good part to a surge in manufacturing hires, according to a report Wednesday from ADP.The firm’s monthly private-sector jobs count showed growth of 749,000, ahead of the 600,000 expected from a Dow Jones economist survey.The report, done in conjunction with Moody’s Analytics, comes two…

Jeep has a legendary reputation, but a growing number of rivals – CNBC

It is hard not to notice Jeep’s good fortune. The brand exclusively makes sport utility vehicles — and, now, one pickup — allowing it to stroll right into today’s car market with just the right offerings, while other brands have had to scramble to adjust to consumer tastes. In the U.S., Jeep is its parent Fiat Chrysler’s strongest…

NYSE sets $7.25 reference price for Palantir’s direct listing, and $21 for Asana – MarketWatch

The New York Stock Exchange set a so-called reference price of $7.25 a share for data-mining-software company Palantir Technologies’ PLTR, direct listing Wednesday. In a statement, the exchange said the reference price is not the opening price, but rather a guide for investors. Asana ASAN, , a work collaboration software company which is also going…