United Kingdom

Lisa Baertlein

California court rules Amazon is liable for injuries from defective products

13 Aug 2020

LOS ANGELES Amazon.com can be held liable like other traditional retailers for injuries from defective products sold via its sprawling e-commerce marketplace, a California state appeals court ruled on Thursday.

COVID-19 to weigh on U.S. seaport peak shipping season

13 Aug 2020

LOS ANGELES Imports at major U.S. container seaports could hit their lowest level in four years as the novel coronavirus pandemic pummels a U.S. economy that was already grappling with negative effects of the U.S.-China trade war, experts said.

Top U.S. mall operator Simon faces pandemic pain

10 Aug 2020

Surging COVID-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before the pandemic began.

UPS shares hit new high as pandemic drives healthcare, e-commerce shipments

30 Jul 2020

United Parcel Service Inc exceeded analyst estimates for quarterly profit and revenue on Thursday as pandemic-fueled rises in lucrative healthcare and air shipments helped offset a margin squeeze from surging e-commerce home deliveries, sending shares up as much as 17.6%.

Will investors look past Amazon's COVID-19 e-commerce costs?

29 Jul 2020

Investors' penchant for prioritizing growth over profit at Amazon.com Inc will be put to the test on Thursday, when investors absorb the impact of second-quarter pandemic-related costs that could top $4 billion (3 billion pounds).

U.S. restaurants whipsawed as pandemic re-closures sweep states

16 Jul 2020

Perbacco, the upscale Italian restaurant in San Francisco's Financial District, had a new takeout menu and a skeleton crew to offer outside service as the coronavirus pandemic first forced cities and states to cancel indoor dining.

As virus-wary shoppers opt for online purchases, retailers pay the price

15 Jul 2020

LOS ANGELESOnline sales may be a saving grace for pandemic-battered retailers with fewer shoppers in their stores. But many retailers, from department store chain Macy's Inc to essential retailer Target Corp, are grappling with higher expenses related to e-commerce.

World News

Protests swell in Belarus, Lukashenko blames foreigners

Belarusian leader Alexander Lukashenko on Friday told people to stay at home to avoid becoming "cannon fodder" for what he said were foreign-backed revolutionaries after huge crowds took to the streets for a sixth consecutive day to demand he step down.