Corporate news

A person wearing protective masks due to coronavirus fears walks past a boarded up business in Philadelphia, Tuesday, March 24, 2020. (AP Photo/Matt Rourke)
March 24, 2020 - 6:17 pm
The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Here's a look at developments Tuesday as central banks, businesses and workers attempt to navigate a global outbreak that has brought economic activity to a standstill...
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FILE - In a June 3, 2014, photo, the Paradise Fossil Plant stands in Drakesboro Ky. (AP Photo/Dylan Lovan, File)
March 24, 2020 - 12:21 pm
DRAKESBORO, Ky. (AP) — President Donald Trump tried to stop it from happening. The top Republican in the Senate, Mitch McConnell, did too. Despite their best efforts to make good on Trump’s campaign promise to save the beleaguered coal industry, including an eleventh-hour pressure campaign, the...
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FILE - In this Dec. 6, 2019, file photo, Cindy Parlow Cone, vice president of the U.S. Soccer Federation, attends a meeting of the organization's board of directors Friday, Dec. 6, 2019, in Chicago. Carlos Cordeiro resigned as the federation's president Thursday night, March 12, 2020, three days after the organization sparked a backlash when its legal papers in a gender discrimination lawsuit claimed the women's national team players had less physical ability and responsibility than their male counterparts. His decision elevated former American midfielder Parlow Cone to become the first woman president in the history of the 107-year-old federation. (AP Photo/Charles Rex Arbogast, File)
March 24, 2020 - 11:46 am
NEW YORK (AP) — The new president and chief executive officer of the U.S. Soccer Federation say settling a lawsuit filed by women's national team players is a priority. “A lot of damage has been done,” president Cindy Parlow Cone said Tuesday during her first news conference since taking over when...
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FILE - In this Wednesday, Nov. 14, 2018, file photo, sheriff's deputies recover the body of a Camp Fire victim in Paradise, Calif. Pacific Gas & Electric said Monday, March 23, 2020, it will plead guilty to 84 counts of involuntary manslaughter in connection with the 2018 fire in Northern California that killed 84 people and decimated three towns. (AP Photo/Noah Berger, File)
March 23, 2020 - 6:40 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric will plead guilty to 84 counts of involuntary manslaughter for a swath of death and destruction left behind after its fraying electrical grid ignited a 2018 wildfire that destroyed three Northern California towns and drove the nation's largest utility...
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This undated electron microscope image made available by the U.S. National Institutes of Health in February 2020 shows the virus that causes COVID-19. The sample was isolated from a patient in the U.S. (NIAID-RML via AP)
March 23, 2020 - 3:53 pm
Excitement about treating the new coronavirus with malaria drugs is raising hopes, including with President Donald Trump. But the evidence that they may help is thin, and a run on the drugs is complicating access for people who need them for rheumatoid arthritis or lupus. Chloroquine and a similar...
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Barber Sami Matta, left, gives a haircut to Steve Perosino, of Dedham, Mass., right, at Chris & Sam's Barbershop, in Norwood, Mass., Monday, March 23, 2020. The Barbershop is to close by noon Tuesday, March 24, in keeping with Mass. Gov. Charlie Baker's order that all non-essential businesses close at noon Tuesday and remain closed through Tuesday, April 7, out of concern about the spread of the coronavirus. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. The vast majority of people recover from the new virus. (AP Photo/Steven Senne)
March 23, 2020 - 3:38 pm
The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Following are business developments Monday related to the outbreak as governments attempt to stabilize their economies, companies struggle to cope and millions of people...
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Scott Mitchell fills a box with toilet paper at the Tissue Plus factory, Wednesday, March 18, 2020, in Bangor, Maine. The new company has been unexpectedly busy because of the shortage of toilet paper brought on by hoarders concerned about the coronavirus. (AP Photo/Robert F. Bukaty)
March 23, 2020 - 7:20 am
PORTLAND, Maine (AP) — There's no denying Tissue Plus is on a roll. As luck would have it, the company launched production of toilet paper a couple of weeks ago — just as the reality of the coronavirus outbreak was starting to hit the U.S. Consumers began stocking up on the basic necessity in the...
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In this May 19, 2011 photo, robots weld a Chevrolet Sonic at the General Motors Orion Assembly plant in Orion Township, Mich. General Motors, Ford, jet engine maker Rolls-Royce and other companies are talking to their governments about repurposing idled factories to produce vital goods to fight the coronavirus such as ventilators and surgical masks. On Friday, March 20, 2020 President Donald Trump invoked the Korean War-era Defense Production Act, allowing the government to marshal the private sector to fight the COVID-19 pandemic. Although it allows the government to steer factories to overcome shortages, makers of heavy goods such as cars and trucks can't just flip a switch and produce something else. (AP Photo/Paul Sancya)
March 21, 2020 - 2:02 pm
DETROIT (AP) — Factories that crank out cars and trucks looking into making much-needed ventilators. Distilleries intended for whiskey and rum to instead turn out hand sanitizers and disinfectants. And an electronics maker that builds display screens repurposed for surgical masks. All are answering...
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People wear face masks as they walk through an office complex in Beijing, Friday, March 20, 2020. Italy's deaths from the coronavirus pandemic eclipsed China's on Thursday as the scourge extended its march across the West, where the United States and other countries increasingly enlisted the military to prepare for an onslaught of patients and California's governor ordered people in the most-populous U.S. state to stay home. The virus causes only mild or moderate symptoms, such as fever and cough, for most people, but severe illness is more likely in the elderly and people with existing health problems. (AP Photo/Mark Schiefelbein)
March 21, 2020 - 1:00 am
The Latest on the coronavirus pandemic, which has infected more than 275,000 people and killed more than 11,300. The COVID-19 illness causes mild or moderate symptoms in most people, but severe symptoms are more likely in the elderly or those with existing health problems. More than 88,200 people...
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A United Express airplane is sprayed with deicing fluid while waiting for take off from Denver International Airport as travelers deal with the spread of the coronavirus Friday, March 20, 2020, in Denver. According to the World Health Organization, most people recover in about two to six weeks depending on the severity of the illness. (AP Photo/David Zalubowski)
March 20, 2020 - 6:33 pm
Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China. The outbreak of the virus that causes COVID-19 has caused unprecedented disruptions that have brought an unparalleled shock to the global economy. Following are developments...
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