Business

It’s going to be harder to get a flight out of Williamsport. That’s because the city was one of 15 in the U.S. that American Airlines announced this week that it was suspending service. The suspensions are set to coincide with the end of federal assistance through the CARES Act …

Joe Biden is the Democratic nominee for president, and he has proposed $ 4 trillion in new tax increases to fund a collection of federal programs to pull the US out of recession. Among the measures are a possible round of incentive checks, state support, $ 8,000 tax credit for …

Amazon’s retail manager Jeff Wilke, who helped the company transform itself from an online bookstore into a global colossus, will retire early next year. Wilke, 53, has been with Amazon for more than two decades and was considered a potential successor to founder and CEO Jeff Bezos. His responsibilities grew …

Almost all of the agency’s financial problems stem from a unique, arcane accounting system that does not follow any business other than government agency and that does not reflect real costs. (“Completely absurd,” as one lawmaker calls it.) The financial problems have nothing to do with the expected increase in …

There was a fierce study this week in contrasts at the top of the chip industry. Nvidia, which recently acquired Intel to become the world’s most valuable chipmaker, reported blowout revenue. Jensen Huang, its founder and CEO, used the moment to explain his vision for what comes next. As he …