Business

A cargo ship approaches the port of Piraeus as other ships are anchored, near Athens, Greece, Tuesday, May 26, 2020. During the new coronavirus pandemic, about 150,000 seafarers are stranded at sea in need of crew changes, according to the International Chamber of Shipping. Roughly another 150,000 are stuck on shore, waiting to get back to work. (AP Photo/Petros Giannakouris)
June 04, 2020 - 2:55 am
ATHENS, Greece (AP) — For nearly four months, Capt. Andrei Kogankov and his oil tanker crew haven’t set foot on dry land. With global travel at a virtual standstill due to the coronavirus pandemic, the Russian captain was forced to extend his normal contract. He still doesn’t know when he’ll be...
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A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020. Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)
June 04, 2020 - 1:18 am
Most Asian stock markets rose Thursday after Wall Street gained on surveys showing better U.S. jobs and manufacturing conditions than expected. Tokyo, Sydney and Southeast Asia advanced while Shanghai declined. Hong Kong recovered from early losses and was unchanged at midday. Stock markets have...
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FILE - In this May 21, 2020, file photo, a worker looks over an electronic slot machine as chairs have been removed from some machines to maintain social distancing between players at a closed Caesars Palace hotel and casino in Las Vegas. Cards will be cut, dice will roll and jackpots jingle when casinos in Las Vegas and Nevada begin reopening at 12:01 a.m. Thursday, June 4. There will be big splashes, even amid ongoing unrest, and big hopes for recovery from an unprecedented and expensive closure prompted by the coronavirus pandemic. (AP Photo/John Locher, File)
June 04, 2020 - 12:04 am
LAS VEGAS (AP) — The casino coronavirus closure is ending, with cards to be dealt, dice to roll and slot jackpots to win again starting Thursday in Las Vegas and throughout Nevada. Hotel-casinos in suburban Sin City planned to be first to open at 12:01 a.m., followed later in the morning by a...
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LGBTQ community members join Black Lives Matter demonstrators lie face down depicting George Floyd during his detention by police, blocking an intersection in protest over Floyd's death, in West Hollywood, Calif., on Wednesday, June 3, 2020. Floyd, an African American, died on May 25 after a white Minneapolis police officer pressed a knee into his neck for several minutes even after he stopped moving and pleading for air. (AP Photo/Richard Vogel)
June 03, 2020 - 9:37 pm
SAN FRANCISCO (AP) — California authorities have charged more than 100 people with looting, assault and other crimes committed during and around protests while police in a San Francisco Bay Area city said Wednesday that a break-in suspect died after being shot by police who mistook his hammer for a...
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Students wearing face masks to help protect against the spread of the new coronavirus stand in a line to have their body temperatures checked before entering their classrooms at a high school in Ulsan, South Korea, Wednesday, Jun 3, 2020. (Bae Byung-soo/Newsis via AP)
June 03, 2020 - 8:39 pm
The Latest on the coronavirus pandemic. COVID-19 causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. ___ SEOUL, South Korea __ South Korea has confirmed 39 additional cases of the...
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This April 28, 2020 file photo shows the Pilgrim's Pride plant in Cold Spring. Minn. A federal grand jury has charged four current and former chicken company executives with price-fixing. The U.S. Department of Justice says the executives from Colorado-based Pilgrim’s Pride and Georgia-based Claxton Poulrty conspired to fix prices and rig bids for broiler chickens from at least 2012 to 2017.(Dave Schwarz/St. Cloud Times via AP)
June 03, 2020 - 4:35 pm
WHEAT RIDGE, Colo. (AP) — The CEO of Pilgrim's Pride is one of four current and former chicken company executives indicted Wednesday on charges of price-fixing. The U.S. Department of Justice said a federal grand jury in Colorado found that executives from Greeley, Colorado-based Pilgrim’s Pride...
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FILE - In this April 6, 2020 file photo, a pharmacist holds a bottle of the drug hydroxychloroquine in Oakland, Calif. Results published Wednesday, June 3, 2020, by the New England Journal of Medicine show that hydroxychloroquine was no better than placebo pills at preventing illness from the COVID-19 coronavirus. The drug did not seem to cause serious harm, though - about 40% on it had side effects, mostly mild stomach problems. (AP Photo/Ben Margot)
June 03, 2020 - 2:50 pm
A malaria drug President Donald Trump took to try to prevent COVID-19 proved ineffective for that in the first large, high-quality study to test it in health workers and others closely exposed to people with the disease. Results published Wednesday by the New England Journal of Medicine show that...
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FILE - In this May 21, 2020 file photo, a man looks at signs of a closed store due to COVID-19 in Niles, Ill. U.S. businesses shed 2.76 million jobs in May, as the economic damage from the historically unrivaled coronavirus outbreak stretched into a third month. The payroll company ADP reported Wednesday that businesses have let go of a combined 22.6 million jobs since March.AP Photo/Nam Y. Huh, File)
June 03, 2020 - 2:01 pm
WASHINGTON (AP) — The epic damage to America’s job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment report: Eight million more jobs are estimated to have been lost. Unemployment could near 20%. And potentially fewer than half of all...
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June 03, 2020 - 1:06 pm
WASHINGTON (AP) — The Federal Reserve has approved an expansion of its $500 billion emergency program to support state and local governments. The expansion will allow all states to have at least two cities or counties eligible to tap the Fed support program regardless of population. The Fed board...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 3, 2020. Asian shares are rising after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. (AP Photo/Ahn Young-joon)
June 03, 2020 - 11:33 am
Stocks are rising again Wednesday on optimism that the economy can climb out of its current hole more quickly than earlier feared. The S&P 500 was up 1.1% in midday trading, heading for its fourth straight gain as lockdowns loosen around the world and raise hopes for a coming economic recovery...
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