Corporate news

March 28, 2020 - 1:28 pm
MOSCOW (AP) — Russia’s state-controlled Rosneft oil company says it is ceasing operations and selling its assets in Venezuela. Rosneft said in a statement Saturday that it decided to sell its business in Venezuela to a company that is 100% owned by the Russian government. It said it “concluded an...
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In this March 24, 2020, photo, farmworkers keep their distance from each other as they work at the Heringer Estates Family Vineyards and Winery in Clarksburg, Calif. Farms continue to operate as essential businesses that supply food to California and much of the country as schools, restaurants and stores shutter over the coronavirus. But some workers are anxious about the virus spreading among them and their families. Steve Heringer, general manager of the 152-year-old family owned business said workers now have more hand sanitizer and already use their own gloves for field work. (AP Photo/Rich Pedroncelli)
March 28, 2020 - 10:29 am
SACRAMENTO, Calif. (AP) — Salvador Calzadillas isn't worried about catching the coronavirus when he's picking mandarin oranges in the trees in central California. But he said the mere act of getting to the groves each day puts him and his wife, also a farmworker, at risk, and there’s nothing they...
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President Donald Trump listens to a question as he speaks about the coronavirus in the James Brady Press Briefing Room, Friday, March 27, 2020, in Washington. (AP Photo/Alex Brandon)
The Associated Press
March 28, 2020 - 8:22 am
WASHINGTON (AP) — After days of desperate pleas from the nation’s governors, President Donald Trump took a round of steps to expand the federal government’s role in helping produce critically needed supplies to fight the coronavirus pandemic even as he warned the leaders of hard-hit states not to...
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Medical staff members arrive for a duty shift at Dongsan Hospital in Daegu, South Korea, Friday, March 27, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death.(Lee Yong-hwan/Newsis via AP)
March 28, 2020 - 12:39 am
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: — U.N. says 86 staffers around world have reported...
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Media stand in front of the Eiffel Tower where the word "Merci", the French word for 'Thank you", is emblazoned as France's coronavirus death toll continued to climb, in Paris, Friday, March 27, 2020. Health workers fighting to save lives in France from COVID-19 have received a huge show of gratitude, from the Eiffel Tower. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Thibault Camus)
The Associated Press
March 27, 2020 - 9:53 pm
NEW ORLEANS (AP) — New Orleans rushed to build a makeshift hospital in its convention center Friday as troubling new outbreaks bubbled in the United States, deaths surged in Italy and Spain and the world warily trudged through the pandemic that has sickened more than a half-million people. In a...
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Media stand in front of the Eiffel Tower where the word "Merci", the French word for 'Thank you", is emblazoned as France's coronavirus death toll continued to climb, in Paris, Friday, March 27, 2020. Health workers fighting to save lives in France from COVID-19 have received a huge show of gratitude, from the Eiffel Tower. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Thibault Camus)
March 27, 2020 - 8:47 pm
America's coronavirus infections have surged to the most in the world, reaching 100,000 cases Friday with New York still the worst hit in the country. Troubling new outbreaks are bubbling in other cities including Chicago, Detroit and New Orleans, which is rushing to build a makeshift hospital in...
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President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room, Friday, March 27, 2020, in Washington. (AP Photo/Alex Brandon)
March 27, 2020 - 8:30 pm
DETROIT (AP) — President Donald Trump issued an order Friday that seeks to force General Motors to produce ventilators for coronavirus patients under the Defense Production Act. Trump said negotiations with General Motors had been productive, “but our fight against the virus is too urgent to allow...
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FILE - In this Tuesday, March 24, 2020 file photo, Gov. Andrew Cuomo speaks during a news conference against a backdrop of medical supplies at the Jacob Javits Center that will house a temporary hospital in response to the COVID-19 outbreak in New York. Cuomo, a Democrat, ripped the GOP-led Senate's version of the coronavirus package as "terrible" for New York and said, based on preliminary reports, that it would send the state some $4 billion in direct aid. (AP Photo/John Minchillo)
March 27, 2020 - 4:42 pm
The coronavirus is pounding state governments with a financial one-two punch, costing them millions to try to contain the disease just as businesses are shutting down and tax revenue is collapsing. The sharp drop in revenue could jeopardize some states' ability to provide basic services. States...
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In this image provided by Jay Woods, Woods, a Designated Market Maker with IMC and NYSE Floor Governor, who normally works on the New York Stock Exchange trading floor, works in his home office in Basking Ridge, N.J., Thursday, March 26, 2020. Stocks are opening lower on Wall Street, Friday, March 27, as the market gives back some of the gains it piled up over the past three days. (Shannon Woods/Courtesy Jay Woods via AP)
March 27, 2020 - 1:59 pm
Stocks are lower Friday on Wall Street, erasing part of a huge rally over the past three days. The market is still on track for sizable gains for the week following two weeks of relentless selling. Much of this week's rally was driven by enthusiasm over a historic $2 trillion financial rescue...
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Pope Francis celebrates Mass at his Santa Marta residence, at the Vatican, Friday, March 27, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (Vatican News via AP)
March 27, 2020 - 1:49 pm
VATICAN CITY (AP) — Praying in a desolately empty St. Peter's Square, Pope Francis on Friday likened the coronavirus pandemic to a storm laying bare illusions that people can be self-sufficient and instead leaves “all of us fragile and disoriented” and needing each other's help and comfort. Francis...
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