Business

In this photo released by Astrid Magenau, Magenau poses for a photo with her father in Stuttgart, Germany on June 6, 2020. Magenau wasn’t able to keep a promise to hold her father’s hand at his deathbed in Germany because of Australia’s extraordinary pandemic restrictions that make her feel like a prisoner in her adopted country. (Astrid Magenau via AP)
October 28, 2020 - 8:43 pm
CANBERRA, Australia (AP) — Astrid Magenau wasn’t able to keep a promise to hold her father’s hand at his deathbed in Germany because of Australia’s extraordinary pandemic restrictions that make her feel like a prisoner in her adopted country. Australia has sought to prevent new coronavirus cases...
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FILE - In this Oct. 20, 2019, file photograph, the company logo shines off the grille of an unsold 2019 F-250 pickup truck at a Ford dealership in Littleton, Colo. Ford Motor Co. posted a stronger-than-expected third-quarter net profit, the company announced Wednesday, Oct. 28, 2020, as demand for cars and trucks recovered from coronavirus shutdowns and the company sold more high-margin trucks. (AP Photo/David Zalubowski, File)
October 28, 2020 - 4:18 pm
DETROIT (AP) — Ford Motor Co. posted a stronger-than-expected third-quarter net profit as demand for cars and trucks recovered from coronavirus shutdowns and the company sold more high-margin trucks. The automaker says it made $2.39 billion, or 60 cents per share, as factories edged back to normal...
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October 28, 2020 - 4:15 pm
CHARLOTTE, N.C. (AP) — Visa Inc. said Wednesday that its fiscal fourth quarter profits dropped 29% due to fewer dollars crossing on its namesake payment network while the world was in the grips of a pandemic-caused recession. The San Francisco-based company posted a profit of $2.14 billion, or 97...
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FILE - In this March 12, 2020 file photo, Venezuelan President Nicolas Maduro speaks at the Miraflores presidential palace in Caracas, Venezuela. The Trump administration pushed back Tuesday, Sept. 2, 2020 on Maduro, saying he deserves no praise for releasing a few political prisoners ahead of a congressional election when many more remain unjustly jailed. (AP Photo/Matias Delacroix, File)
October 28, 2020 - 2:56 pm
CARACAS, Venezuela (AP) — Venezuela’s President Nicolás Maduro said Wednesday that a large oil refinery suffered a “terrorist attack” as his government struggles to provide domestic fuel to the crisis-stricken nation. Maduro also said two foreigners were detained prior to the alleged attack on...
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FILE - In this Jan. 25, 2020, file photo a Boeing 777X airplane takes off on its first flight with the Olympic Mountains in the background at Paine Field in Everett, Wash. Boeing will cut more jobs as it continues to lose money and revenue during a pandemic that has smothered demand for new airline planes. The company said Wednesday, Oct. 28, that it expects to cut its workforce to about 130,000 employees by the end of next year, down 30,000 from the start of this year. (AP Photo/Ted S. Warren, File)
October 28, 2020 - 11:11 am
Boeing will cut more jobs as it continues to bleed money and its revenue fades during a pandemic that has smothered demand for new airline planes. The company said Wednesday that it expects to cut its workforce to about 130,000 people by the end of next year, or 30,000 fewer than it began with in...
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A pedestrian pass the New York Stock Exchange, Friday, Oct. 2, 2020, in New York. Stocks around the world are falling sharply Wednesday, Oct. 28, on worries the worsening pandemic will push governments to bring back restrictions on businesses. (AP Photo/John Minchillo)
October 28, 2020 - 10:32 am
NEW YORK (AP) — Stocks around the world are tumbling Wednesday on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy. The S&P 500 was down 2.9% in midday trading on Wall Street, heading for a third straight loss. It’s already down 5% this week,...
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FILE - In this Nov. 10, 2016, photo, people walk near a Microsoft office in New York. Microsoft says Iranian hackers have posed as conference organizers in Germany and Saudi Arabia in an attempt to spy on “high-profile” people using spoofed email invitations. The tech company said Wednesday, Oct. 28, 2020, it detected attempts by the hacking group it calls Phosphorus to trick former government officials, policy experts and academics. (AP Photo/Swayne B. Hall)
October 28, 2020 - 9:00 am
REDMOND, Wash. (AP) — Microsoft says Iranian hackers have posed as conference organizers in Germany and Saudi Arabia in an attempt to break into the email accounts of “high-profile” people with spoofed invitations. The tech company said Wednesday it detected attempts by the hacking group it calls...
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FILE - In this Monday, April 13, 2020 file photo, medical personnel in protective gear prepare to receive a patient at a hospital in Antwerp, Belgium. This week news struck that the European Center for Disease Control has put Belgium at the largest number of COVID-19 cases per 100,000 citizens, surpassing the Czech Republic, it is revealed Tuesday Oct. 27, 2020. (AP Photo/Virginia Mayo, File)
October 28, 2020 - 7:23 am
BERLIN (AP) — Germany and France were bracing for new lockdowns Wednesday, as governments sought to stop the fast-rising tide of coronavirus cases that are beginning to fill European hospitals. French markets opened lower on expectations that President Emmanuel Macron will announce tough measures...
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In this July 27, 2020 file photo, the tails of three UPS aircraft are shown parked at Miami International Airport in Miami. UPS, whose brown delivery trucks have become omnipresent on neighborhood streets during the pandemic, is reporting strong profits and revenue in its most recent quarter. (AP Photo/Wilfredo Lee, File)
October 28, 2020 - 6:36 am
ATLANTA (AP) — UPS, whose brown delivery trucks have become omnipresent on neighborhood streets during the pandemic, said profits and revenue surged in its most recent quarter. With so many people getting what they need delivered to the front door, the consolidated average daily volume at UPS...
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The moon shines next to the headquarters of the Deutsche Bank in Frankfurt, Germany, early Sunday, Oct. 4, 2020. (AP Photo/Michael Probst)
October 28, 2020 - 4:41 am
FRANKFURT, Germany (AP) — Deutsche Bank reported its third straight quarterly profit as loan losses diminished amid continuing government financial help for businesses during the coronavirus pandemic and as revenues rose at its investment bank. The bank said Wednesday it made a profit of 309...
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