Feb 19
Sahib Bhatia
Business News
Starbucks' new mask requirements for US customers
A deeply divided Poland chooses a president
Another 1.3 million workers filed jobless claims
Walgreens lost $1.7B in 3Q as pandemic continues
Germany seizes server hosting pilfered U.S. files
US economy may be stalling out as viral outbreak worsens
Deutsche Bank fined millions over Epstein ties
Employers can't require COVID antibody tests: EEOC
'Significant divergences' remain in Brexit talks
Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt
Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, is filing for bankruptcy protection
July 08, 2020
Asian stocks sink after Wall St losses on economy worries
Asian stock markets have followed Wall Street lower on concerns economic recoveries might fade as coronavirus cases increase in the United States and some other countries
7/10/2020 05:56:28
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Latest Business Video
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30 minutes ago
Takeaways: Paycheck Protection loans and the Catholic Church
An Associated Press analysis of federal data has found that the U.S. Roman Catholic Church and affiliated groups received federal aid worth at least $1.4 billion under the federal Paycheck Protection Program
30 minutes ago
1 hour ago
Asian stocks sink after Wall St losses on economy worries
Asian stock markets have followed Wall Street lower on concerns economic recoveries might fade as coronavirus cases increase in the United States and some other countries
1 hour ago
3 hours ago
Asian stocks sink after Wall St losses on economy worries
Asian stock markets have followed Wall Street lower on concerns economic recoveries might fade as coronavirus cases increase in the United States and some other countries
3 hours ago
July 10
Biden pledges New Deal-like economic agenda to counter Trump
Democrat Joe Biden is turning his campaign against President Donald Trump toward the economy
July 10
July 09
Walgreens, Bed Bath & Beyond fall; Costco, SAP rise
Stocks that moved heavily or traded substantially on Thursday: Walgreens, Bed Bath & Beyond fall; Costco, SAP rise
July 09
July 09
Setbacks hamper pipeline industry backed by Trump
The U.S. energy boom and strong backing from President Donald Trump propelled a major expansion of the nation’s sprawling oil and gas pipeline network in the past decade
July 09
July 09
How major US stock indexes fared Thursday
Banks helped drag stocks lower on Wall Street Thursday amid worries that recent improvements in the economy may be set to stall as coronavirus cases continue to climb
July 09
July 09
Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
July 09
July 09
US economy may be stalling out as viral outbreak worsens
The U.S. economy is stumbling as the viral outbreak is intensifying across the country, threatening to slow hiring even as the unemployment rate remains in double-digits
July 09
July 09
Brazil asks investment firms to adopt protected Amazon areas
Brazil’s government has proposed that global asset-managers adopt protected areas in the Amazon rainforest in order to curb illegal deforestation ahead of the season farmers traditionally use fire to clear land and brush
July 09
July 09
Starbucks will require customers to wear face coverings at all US locations
The Seattle-based coffee chain will require facial coverings starting July 15.
July 09
July 09
Virus forces catering platform to find new audience, purpose
When it launched in 2017, the catering tech platform HUNGRY had one sort of customer in mind, well-heeled office workers
July 09
July 09
Ireland's Donohoe named head of eurozone finance group
Ireland’s Paschal Donohoe has been elected to head the finance group of the powerful bloc of 19 nations using Europe’s single currency
July 09
July 09
UK reopens gyms, pools, as Treasury chief warns of recession
The U.K.'s Treasury chief says the country is heading for unprecedented economic times, including one of the most severe recessions it has ever seen, as it emerges from the COVID-19 pandemic
July 09
July 09
AP EXPLAINS: Public won't see Trump's tax documents for now
Two Supreme Court rulings will keep President Donald Trump’s tax returns, banking records and other financial documents out of the public eye for the time being
July 09
July 09
Virus causes uncertainty for state lotteries
The coronavirus has rattled state lotteries across the country
July 09
July 09
Germany seizes server hosting pilfered U.S. police files
German authorities, acting at the behest of the U.S. government, have seized a computer server that hosted a huge cache of files from U.S. federal, state and local law enforcement agencies obtained in a Houston data breach last month
July 09
July 09
Walgreens lost $1.7B in 3Q as pandemic tightens grip
The coronavirus pandemic pushed Walgreens to a $1.7 billion loss it the most recent quarter with customers staying home or limiting shopping to essential supplies from grocery stores
July 09
July 09
2Q earnings to show how virus menaced Corporate America
Earnings reporting season is about to get underway for big companies, and the forecasts are grim
July 09
July 09
Another 1.3 million workers filed for unemployment insurance
Weekly unemployment filings have been in the millions each week since mid-March.
July 09
July 09
EU says 'significant divergences' remain in Brexit talks
EU and U.K. negotiators have yet to find a way to overcome “significant divergences” in their attempt to seal a post-Brexit compromise
July 09
July 09
Morocco to start reopening borders after strict lockdown
Morocco will start gradually reopening its air and maritime borders next week after one of the world’s strictest border lockdowns
July 09
July 09
Regional governor in Russia arrested on murder charges
A provincial governor in Russia’s far east has been arrested on charges of involvement in multiple murders
July 09
July 09
EU court: No need to reveal IP addresses in uploading cases
The European Union’s highest court has ruled that online platforms like YouTube don’t have to disclose the full personal data including email addresses, telephone numbers or IP addresses of users who illegally upload movies and copyright material
July 09
July 09
Asian stocks follow Wall Street higher after tech gains
Asian stock markets have followed Wall Street higher following gains for U.S. technology stocks
July 09
July 09
Amazon will stop selling Redskins merchandise
Amazon will stop selling Washington Redskins merchandise after the football team said it would undergo a review of its name, which is considered a racial slur
July 09
July 09
Nevada regulators OK company buying Caesars Entertainment
Reno-based Eldorado Resorts Inc. received the go-ahead from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17 billion deal creating a gambling giant with properties in 16 U.S. states and several other countries
July 09
July 09
How many people saw 'Hamilton'? For now, that's a secret
The streaming of “Hamilton” by the Disney+ streaming service was surely the big event on television screens in American living rooms this past weekend
July 09
July 09
Facebook civil rights audit: 'Serious setbacks' mar progress
A two-year audit of Facebook's civil rights record found “serious setbacks” that have marred the social network's progress on matters such as hate speech, misinformation and bias
July 09
July 08
Lawyer: TSA makes changes after whistleblower's complaint
The TSA has made some changes at airport security checkpoints after a whistleblower inside the agency complained about poor protection against the coronavirus
July 08
July 08
Correction: Virus Outbreak-Business Fallout story
In a story July 7, 2020, about business-related fallout from the coronavirus pandemic, The Associated Press erroneously reported Regeneron Pharmaceuticals is working on a COVID-19 vaccine candidate
July 08
July 08
United Airlines warns 36,000 workers they could be laid off
United Airlines is sending layoff warnings to 36,000 employees, nearly half its U.S. staff
July 08
July 08
Facebook takes down accounts tied to Roger Stone
Facebook on Wednesday said it has removed dozens of accounts linked to the hate group Proud Boys, to President Donald Trump’s longtime ally Roger Stone and to employees of Brazil’s president, Jair Bolsonaro, among others
July 08
July 08
Judge dismisses GM's bribery lawsuit against Fiat Chrysler
A federal judge in Detroit has tossed out General Motors’ lawsuit alleging that rival Fiat Chrysler paid off union leaders to get better contract terms than GM
July 08
July 08
Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt
Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, is filing for bankruptcy protection
July 08
July 08
CDC: Minorities affected much more in meatpacking outbreaks
A new report studying the impact of the coronavirus on workers in meat processing plants has found that 87% of people infected were racial or ethnic minorities and that at least 86 workers have died
July 08
July 08
How major US stock indexes fared Wednesday
Stocks closed higher Wednesday, as more gains for big tech companies helped make up for weakness elsewhere across Wall Street
July 08
July 08
Canada predicts historic deficit due to pandemic spending
The Canadian government is predicting a historic CDN$343 billion (US$254 billion) deficit for 2020-21 resulting from its economic and stimulus plans to battle COVID-19
July 08
July 08
Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
July 08
July 08
Biogen, AMC Entertainment rise; Levi Strauss, Ascena fall
Stocks that moved heavily or traded substantially on Wednesday: Biogen, AMC Entertainment rise; Levi Strauss, Ascena fall
July 08
July 08
Supreme Court expected to rule on Trump tax records Thursday
The Supreme Court is expected to rule Thursday on whether Congress and the Manhattan district attorney can see President Donald Trump’s taxes and other financial records that the president has fought hard to keep private
July 08
July 08
CORRECTS: US consumers cut borrowing by $18.3 billion in May (Corrects APNewsAlert to say amount was $18.3B, not $19.1B)
CORRECTS: US consumers cut borrowing by $18.3 billion in May (Corrects APNewsAlert to say amount was $18.3B, not $19.1B)
July 08
July 08
US consumers reduced their borrowing by $19.1 billion in May following huge April decline
US consumers reduced their borrowing by $19.1 billion in May following huge April decline
July 08
July 08
Trump, Lopez Obrador visit is about trade, but politics too
President Donald Trump’s meeting with Mexican President Andrés Manuel López Obrador is being billed as a celebration of economic ties and the new North American trade agreement
July 08
July 08
US starts talks on free trade agreement with Kenya
The United States and Kenya have begun talks on a free trade agreement that would mark the first U.S. trade deal with a sub-Saharan nation
July 08
July 08
Housing market heats up, cruise industry in murky waters
Home buying is heating up, despite the pandemic
July 08
July 08
UK gets creative: Job bonus and eating out schemes announced
The British government has unveiled a package of measures that it hopes will help the economy bounce back and limit a spike in unemployment as a result of the coronavirus pandemic
July 08
July 08
Renters face financial cliff ahead; limited help available
Renters are nearing the end of their financial rope as the assistance and protections given to them during the pandemic run their course
July 08
July 08
Malaysian palm oil giant hit with forced labor allegations
An anti-trafficking organization has filed a petition to ban importation of palm oil produced by one of the world’s largest suppliers, saying it found evidence of child and forced labor on plantations that supply American food and cosmetics companies
July 08
July 08
Coppola and Henson companies get loans for winery, puppetry
From a godfather of cinema to Kermit the Frog, the U.S. government’s small business lending program sent pandemic relief money into unexpected corners of the entertainment industry
July 08