Recovery grinds forward

Evening Briefing
Bloomberg

The number of Americans applying for initial jobless benefits decreased by 33,000 to 860,000 in the week ended Sept. 12, according to the federal government. The decline, following a slight increase the prior week, may indicate the economic recovery's ability to grind forward despite significant headwinds, such as the nation's inability to stem the coronavirus pandemic and the continuing stalemate over a second bailout as millions begin to run out of benefits. U.S. stocks fell and Treasuries gained. —David E. Rovella

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Here are today's top stories

Trump's sudden embrace of a bigger bailout package has left his fellow Republicans skeptical and Democrats holding out for more.

Makers of two of the leading coronavirus vaccine candidates disclosed detailed information about their pivotal late-stage clinical trials and how they plan to gauge their shots' safety and effectiveness. France just reported the most new daily infections since its lockdown, and more than 1,000 Americans are still dying every day from the disease. Here is the latest on the pandemic.

Walmart is rolling out sweeping changes to staffing in its U.S. stores ahead of the holiday shopping season, bringing pay raises for some, but not all, members of its massive workforce.

U.S. Postmaster General Louis DeJoy was ordered by a federal judge to halt recent operational changes nationwide at the U.S. Postal Service. DeJoy's elimination of overtime and removal of sorting machines and mailboxes triggered multi-state litigation alleging the Republican megadonor is seeking to suppress mail-in voting in the coming election.

Elon Musk's next big thing is 40,000 satellites beaming broadband all over the world, Bloomberg Businessweek reports. He hopes low-Earth orbits will help him succeed where so many others have failed.

Sixty of Elon Musk's Starlink satellites seen in the night sky on April 22.

Photographer: Yuri Smityuk/TASS/Getty Images/TASS

Does Facebook need Trump more than Trump needs Facebook? Bloomberg Businessweek reports on how Facebook employees fear CEO Mark Zuckerberg's commitment to free speech is more about protecting the president than the company's ideals.

Gas companies are abandoning their wells, leaving them to leak dangerous greenhouse gases, well, forever, Bloomberg Green reports. Just one orphaned site in California could have emitted more than 30 tons of methane. There are millions more like it.

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