Business

Virus accelerates in Italy; US urges citizens to avoid north

MILAN (AP) — Coronavirus infections in Italy rose 50% Sunday and the U.S. government issued its strongest travel warning...
20:13 1 March 2022

Virus fears close down France’s famed Louvre Museum

PARIS (AP) — The spreading coronavirus epidemic shut down France’s Louvre Museum on Sunday, with workers who guard its ...
16:21 1 March 2022

Trump tries to shift blame as virus outbreak rattles markets

WASHINGTON (AP) — As global markets plunged amid growing fears about the coronavirus outbreak, President Donald Trump an...
23:00 28 February 2022

What’s happening: Virus fears hit Africa, markets, schools

PARIS (AP) — Amusement parks, sporting events, religious gatherings, reality TV shows, even schools. More and more of da...
22:49 28 February 2022

Fed Chair Powell pledges to use tools to support economy

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing ...
22:12 28 February 2022

Cruise lines, passengers scramble to respond to coronavirus

MIAMI (AP) — Being trapped aboard a ship with thousands of people as the new coronavirus spreads around the world isn’t ...
20:11 28 February 2022

FCC proposes fines for phone companies that shared user data

NEW YORK (AP) — The Federal Communications Commission has proposed roughly $200 million in fines combined for the four m...
19:02 28 February 2022

House approves bill to ban the sale of flavored e-cigarettes

WASHINGTON (AP) — Moving to stem a vaping epidemic among young people, the House has approved a bill to ban the sale of ...
17:52 28 February 2022

US consumer spending slowed in January while incomes jumped

WASHINGTON (AP) — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy w...
13:54 28 February 2022

Market corrections: scary but also, in some cases, necessary

NEW YORK (AP) — After six days of being pounded by a virus-induced, global sell-off, U.S. markets hit a milestone this w...
13:27 28 February 2022

Markets slide, auto show canceled as virus impact spreads

LONDON (AP) — Stock markets are heading for their worst week since 2008, Europe’s top auto show has been canceled and co...
12:51 28 February 2022

Global stocks fall again on fear of virus impact on economy

Global stock markets plunged further Friday on spreading fears over the impact of the new coronavirus, with some indexes...
12:50 28 February 2022

Asia stocks tumble on virus fears after Wall Street plunge

Asian stock markets plunged further Friday on spreading virus fears, deepening an global rout after Wall Street endured ...
6:16 28 February 2022

China manufacturing plunges in February amid virus controls

BEIJING (AP) — China’s manufacturing plunged in February by an even wider margin than expected after efforts to contain ...
4:33 28 February 2022

Beyond Meat narrows 4Q loss as plant-based meat sales jump

Beyond Meat narrowed its losses in the fourth quarter as sales of its plant-based meat soared.The El Segundo, California...
21:35 27 February 2022

Markets down, Facebook cancels show: Virus hits businesses

The spread of the new coronavirus around the world is hitting companies hard as they suspend production, meetings, event...
18:40 27 February 2022

US mortgage rates decline; 30-year loan at 3.45%

WASHINGTON (AP) — U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China’...
17:44 27 February 2022

US pending home sales climbed 5.2% in January

WASHINGTON (AP) — There was a 5.2% jump in Americans signing contracts to buy homes in January from the previous month a...
15:01 27 February 2022

US economy grew at 2.1% rate in Q4 but virus threat looms

WASHINGTON (AP) — The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the...
14:02 27 February 2022

UK court blocks Heathrow expansion over climate concerns

LONDON (AP) — Campaigners won a court ruling Thursday to block the plan for a third runway at Heathrow Airport on enviro...
9:15 27 February 2022

Labor union unveils $150M campaign to help defeat Trump

WASHINGTON (AP) — One of the nation’s largest labor unions is unveiling plans to invest $150 million in a nationwide cam...
5:17 27 February 2022

Asian shares slump after Trump announcement on virus plans

Shares fell in Asia on Thursday after President Donald Trump announced the U.S. was stepping up its efforts to combat th...
4:54 27 February 2022

Bloomberg’s online campaign tests Facebook, Twitter rules

Mike Bloomberg’s stockpile of cash, swarm of employees and paid social media influencers are testing the abilities of on...
21:51 26 February 2022

Satellite almost on empty gets new life after space docking

CAPE CANAVERAL, Fla. (AP) — A communication satellite almost out of fuel has gotten a new life after the first space doc...
21:20 26 February 2022

Cause of Los Angeles-area refinery fire under investigation

CARSON, Calif. (AP) — The cause of an explosion and fire at a Southern California refinery was under investigation Wedne...
20:44 26 February 2022

Utility to pay $53M for blasts that damaged homes, killed 1

BOSTON (AP) — A utility company will pay the largest criminal fine ever imposed for breaking a federal pipeline safety l...
17:48 26 February 2022

An increasingly isolated Iran tries to control virus crisis

DUBAI, United Arab Emirates (AP) — Iran girded Wednesday for a long battle against the coronavirus that is spreading rap...
17:37 26 February 2022

Virus outbreak stalks markets as 2020 gains get wiped out

LONDON (AP) — Global shares fell sharply once again Wednesday as fears over the speed of the new coronavirus around the ...
13:02 26 February 2022

Panasonic scraps solar panels partnership with Tesla

TOKYO (AP) — Panasonic is pulling out of its partnership with Tesla to produce solar panels at a factory in New York sta...
12:56 26 February 2022

Asian shares slide on fears virus will stunt global economy

TOKYO (AP) — Asian shares slid Wednesday following another sharp fall on Wall Street as fears spread that the growing vi...
3:54 26 February 2022