Business

An employee of a bank wearing a face mask watches the computer monitors at the foreign exchange dealing room in Seoul, South Korea, Tuesday, March 31, 2020. Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak. (AP Photo/Lee Jin-man)
March 30, 2020 - 10:36 pm
TOKYO (AP) — Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak. Japan's benchmark Nikkei 225 rose 0.8% in morning trading to 19,243.91. Australia's S&P/ASX 200 added 2.0% to...
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The Navy hospital ship USNS Comfort arrives in New York, Monday, March 30, 2020. The ship has 1,000 beds and 12 operating rooms that could be up and running within 24 hours of its arrival on Monday morning. It's expected to bolster a besieged health care system by treating non-coronavirus patients while hospitals treat people with COVID-19. (AP Photo/Seth Wenig)
March 30, 2020 - 10:14 pm
NEW YORK (AP) — New York's governor urgently appealed for medical volunteers Monday amid a “staggering” number of coronavirus deaths, as he and health officials warned that the crisis unfolding in New York City is just a preview of what other U.S. communities could soon face. “Please come help us...
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March 30, 2020 - 9:09 pm
NEW YORK (AP) — Sony Pictures on Monday cleared out its summer calendar due to the coronavirus, postponing the releases of Jason Reitman's “Ghostbusters: Afterlife” and the Marvel movie “Morbius” to 2021. Hollywood's summer season — the film industry's most lucrative time of year — is increasingly...
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Phu Dang, left, the owner of i5 Pho restaurant, gets help from a contractor as he boards up his business, Monday, March 30, 2020, in Seattle's downtown Pioneer Square neighborhood. Dang closed his business to dine-in customers earlier in the month and had tried doing takeout only food in response to the new coronavirus pandemic, but he said his location did not attract enough customers for take out and he decided to fully close for the time being. He said his decision to board up came after a nearby business was broken into over the weekend. (AP Photo/Ted S. Warren)
March 30, 2020 - 7:27 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related to the global economy, the work place and the spread of the virus. _______ AIR CARE: Britain’s health service is asking airline cabin crew who have been...
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A store employee waits for customers at a re-opened retail street in Wuhan in central China's Hubei province on Monday, March 30, 2020. Shopkeepers in the city at the center of China's virus outbreak were reopening Monday but customers were scarce after authorities lifted more of the anti-virus controls that kept tens of millions of people at home for two months. (AP Photo/Olivia Zhang)
March 30, 2020 - 6:52 pm
WUHAN, China (AP) — The city at the center of China's virus outbreak was reopening for business Monday after authorities lifted more of the controls that locked downs tens of millions of people for two months. “I want to revenge shop,” one excited customer declared as she traversed one of Wuhan's...
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Gas USA is selling gas for 97.9 cents a gallon, Monday, March 30, 2020, in Cleveland. Oil started the year above $60 and has plunged on expectations that a weakened economy will burn less fuel. The world is awash in oil, meanwhile, as producers continue to pull more of it out of the ground. (AP Photo/Tony Dejak)
March 30, 2020 - 3:51 pm
DALLAS (AP) — U.S. gasoline prices have dropped to their lowest levels in four years, and they are almost sure to go lower as oil prices plunge. Price-tracking services put the national average Monday around $2 a gallon. Some stations were spotted charging under a dollar. But don't expect a...
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FILE - This Dec. 12, 2018, file photo shows traffic on the Hollywood Freeway in Los Angeles. The Trump administration is rolling back tough Obama-era mileage standards and gutting one of the United States' biggest efforts to slow climate change. The administration released its relaxed mileage rules Tuesday. (AP Photo/Damian Dovarganes, File)
March 30, 2020 - 3:45 pm
WASHINGTON (AP) — President Donald Trump is poised to roll back ambitious Obama-era vehicle mileage standards and raise the ceiling on damaging fossil fuel emissions for years to come, gutting one of the United States' biggest efforts against climate change. The Trump administration is expected to...
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FILE - This March 27, 2008, aerial file photo, shows the Pentagon in Washington. The Pentagon is reconsidering its awarding of a major cloud computing contract to Microsoft after rival tech giant Amazon protested what it called a flawed bidding process. U.S. government lawyers said in a court filing this week of March 13, 2020 that the Defense Department “wishes to reconsider its award decision” and take another look at how it evaluated technical aspects of the companies' proposals to run the $10 billion computing project. (AP Photo/Charles Dharapak, File)
March 30, 2020 - 3:06 pm
The Latest on the coronavirus pandemic. The new coronavirus 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. TOP OF THE HOUR: —Navy hospital ship arrives in New York City. —Japan...
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Linda DeFrancesco stocks shelves with her farm's own salsa, spreads, veggies and salsa at DeFrancesco Farm Stand in Northford, Conn., Thursday, March 26, 2020. Businesses across the state are worried about the impact of the coronavirus, even the ones considered "essential" like farmers' markets and garden centers. The farm stand opens Saturday at 10 a.m. (Dave Zajac/Record-Journal via AP)
March 30, 2020 - 1:49 pm
NEW YORK (AP) — When will the money arrive? That's the urgent question for small business owners who have been devastated by the coronavirus outbreak. They're awaiting help from the $2 trillion rescue package signed into law Friday. But with bills fast coming due, no end to business closings and an...
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In this Saturday, March 28, 2020 photo, Kyle Kofron poses for a photo outside his home in St. Louis. Kofron still has his job at an ice cream factory, but his three roommates are suddenly unemployed due the the coronavirus pandemic. Kofron is advocating for a rent strike during the outbreak saying it may be their only option. (AP Photo/Jeff Roberson)
March 30, 2020 - 12:16 pm
ST. LOUIS (AP) — With millions of people suddenly out of work and rent due at the first of the month, some tenants are vowing to go on a rent strike until the coronavirus pandemic subsides. New York, Boston, Los Angeles, San Francisco and St. Louis are among many cities that have temporarily banned...
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