LOS ANGELES -- Knott's Berry Farm recently felt more like a national park than a theme park. Reopening for a Knott's-designed food event dubbed Taste of Calico, the Southern California park's famed ghost town was clear for roaming on an early Friday afternoon. And though there was an air of trepidation among the guests seeking boysenberry-fueled...Read more

Millions of self-employed individuals would be left out of President Donald Trump's move to defer payroll taxes for the last four months of the year, according to tax experts.

That's because the executive action specifically refers to taxes paid under Sec. 3101(a) of the Internal Revenue Code, which set the Social Security tax rate at 6.2% for ...Read more

CHICAGO -- Downtown business owners still struggling during the coronavirus pandemic were scrambling to board up broken windows and take stock of damage after a wave of vandalism and looting early Monday morning.

For some, it was the second time this summer, following an earlier wave of looting that took place during the unrest that followed ...Read more

CHICAGO -- Downtown business owners still struggling during the coronavirus pandemic were scrambling to board up broken windows and take stock of damage after a wave of vandalism and looting early Monday morning.

For some, it was the second time this summer, following an earlier wave of looting that took place during the unrest that followed ...Read more

WASHINGTON -- Diplomats from several Latin American and European countries are trying to delay next month's vote on President Donald Trump's nominee to lead a key international development bank, hoping to push the decision into next year, when a new U.S. president could be in office.

Trump broke norms by nominating a U.S. citizen from his ...Read more

With his four executive orders purportedly aimed at relieving Americans of the burdens of the coronavirus, President Trump spun the theme of his administration -- the Art of the Con -- up to a higher level.

The orders he signed Saturday include a supposed moratorium on evictions and foreclosures, a deferral of student loan payments and an ...Read more

UPS plans to levy higher holiday shipping surcharges on some of the biggest retailers that send out tens of thousands of packages a week.

UPS already has peak surcharges of 30 cents per package through Nov. 14 on ground residential shipments from those large corporate customers shipping significantly more packages. The company added surcharges ...Read more

For likely the first time in Royal Caribbean Group's 52-year history, the company has gone nearly four months without a passenger cruise. It's no surprise then, that the company's second quarter earnings were the worst on record as the COVID-19 pandemic keeps the industry largely paralyzed.

In a financial filing Monday, Royal Caribbean Group ...Read more

President Donald Trump's order to delay collection of payroll taxes thrusts a dilemma on U.S. companies: continue withholding the money from workers expecting bigger paychecks or pass it on and potentially put themselves or their employees at risk of a big end-of-year bill from the IRS.

Trump signed an order over the weekend deferring the due ...Read more

The pandemic-induced downturn initially had hints of being the sharpest but shortest U.S. recession on record. Now there are increasing signs of economic scarring that resemble past slumps.

Beneath a headline number showing a better-than-expected gain in July jobs, the government's employment report contained indications of underlying weakness....Read more

Let's be blunt. It makes no sense for Microsoft Corp. to buy TikTok.

Sure, a cohort of bankers and lawyers can make the case for how it would help the U.S. software giant "get back in the game" of social media and advertising. But the 45-year-old company pivoted away from pitching to consumers a long time ago, a move accelerated by Chief ...Read more

There were plenty of casualties left in the rubble of failed negotiations on another trillion-dollar-plus rescue package for a U.S. economy mired in a historic, pandemic-induced recession.

Worst hit are the families, businesses, and state and local governments that have had a safety net pulled out from under them at a time some data suggest ...Read more

McDonald's Corp. filed suit against its ousted leader Steve Easterbrook, alleging his termination last fall over a relationship with an employee shouldn't have included severance pay because he "concealed evidence and lied about his wrongdoing."

Easterbrook -- who was fired as chief executive officer in November "without cause" -- had ...Read more