Business

MGM announced plans to reopen its Las Vegas hotels and casino. FOX Business’ Kristina Partsinevelos and more. Barry Diller’s IAC / InterActive Corp. said on Monday it had bought a 12% stake in MGM Resorts International for about $ 1 billion, sending the casino operator’s shares up 14%. The investment …

Trump announces nomination speech plans Donald Trump said on Monday that the White House and the Battlefield of the Civil War in Gettysburg, Pennsylvania, were two locations that would be considered the venue of his Republican nomination speech later this month. In a Twitter post, the president said “We will …

Hyundai’s autonomous joint venture with Aptiv has a new name: Motional. The company, which plans to test completely untested cars for service for riding dogs later this year, said the new name is meant to evoke the ‘movement’ of transport rather than the ’emotion’ of the decision to move safely …

Confidence in small business owners in the U.S. took a hit in July as the coronavirus case escalated and plans to reopen were delayed or restored, data from the National Federation of Independent Businesses showed Tuesday . The NFIB’s Small Business Optimism Index fell 1.8 points to 98.8 in July. …

Here’s what you need to know: Credit …Mark Lennihan / Associated Press Wall Street was near a remarkable milestone on Tuesday, one that defies the human and economic toll of the coronavirus pandemic, the strengthening of relations between the United States and China, and a stablemate in Washington who is …