Business

A couple in protective masks during the coronavirus outbreak walk past the Philadelphia Museum of Art in Philadelphia, Friday, April 3, 2020. The museum has temporarily closed due to the COVID-19 pandemic. (AP Photo/Matt Rourke)
AP
April 03, 2020 - 10:23 pm
NEW YORK (AP) — The Trump administration urged Americans to cover their faces in public and limited exports of medical supplies Friday as New York’s governor took his own dramatic step to fight the coronavirus — vowing to seize unused ventilators from private hospitals and companies. President...
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FILE - In this March 5, 2020, file photo, Dr. Deborah Birx, Ambassador and White House coronavirus response coordinator, holds a 3M N95 mask as she and Vice President Mike Pence visit 3M headquarters in Maplewood, Minn., in a meeting with the company's leaders and Minnesota Gov. Tim Walz to coordinate response to the COVID-19 coronavirus. On Friday, April 3, 2020, the manufacturing giant pushed back against criticism from Trump over production of face masks that are badly needed by American health care workers. 3M said the administration asked it to stop exporting medical-grade masks to Canada and Latin America, which the company said raises “significant humanitarian implications” and will backfire by causing other countries to retaliate against the U.S. (Glen Stubbe/Star Tribune via AP, File)/Star Tribune via AP)
AP
April 03, 2020 - 7:37 pm
President Donald Trump said Friday his administration will try to stop “profiteers” from exporting medical protective gear, shortly after picking a fight with manufacturing giant 3M, a major producer and exporter of face masks used to protect health care workers from the coronavirus. 3M argued that...
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FILE - In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by U.S. flags flying outside the New York Stock Exchange in New York. Global stocks are down, Friday, April 3, after the U.S. government said employers cut 701,000 jobs in March as they shut down or sharply curtailed business due to the coronavirus outbreak. (AP Photo/Mary Altaffer, File)
AP
April 03, 2020 - 11:55 am
NEW YORK (AP) — Stocks are falling in early afternoon trading Friday, putting Wall Street on track for its third losing week in the last four. The losses came after the government reported that U.S. employers cut 701,000 jobs last month, the first drop in nearly a decade and the latest of what is...
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A carpenter, who declined to be identified, cuts plywood to cover a closed store where artwork in support of people affected by the coronavirus already covers an adjacent panel in downtown Seattle, Thursday, April 2, 2020. The number of people seeking unemployment benefits in Washington set a new record last week, with tens of thousands more people in the state filing new claims as non-essential businesses remain closed due to the ongoing coronavirus pandemic. (AP Photo/Elaine Thompson)
AP
April 03, 2020 - 6:09 am
WASHINGTON (AP) — After a record 113 straight months of hiring, the government's monthly jobs report Friday is expected to show that the American jobs machine came to a sudden halt in March as a result of the coronavirus. Economists have forecast that the government will say employers shed about...
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Wearing a mask amid concerns of the spread of COVID-19 a woman pushes a basket full of groceries out of a store in Richardson, Texas, Wednesday, April 1, 2020. (AP Photo/LM Otero)
AP
April 01, 2020 - 7:58 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Wednesday related to the global economy, the work place and the spread of the virus. ________ THINGS WE VALUED: The outbreak has reshuffled the pecking order of what holds...
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In this photo taken from video provided by the New York Stock Exchange, NYSE Security Director Gregory Crane rings the opening bell at the NYSE on Wednesday, April 1, 2020. U.S stocks joined a worldwide downdraft Wednesday as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak. (New York Stock Exchange via AP)
AP
April 01, 2020 - 3:19 pm
NEW YORK (AP) — Wall Street and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts — and as experts say they still can’t predict when it will end. The S&P 500 lost 4.4% after the White House said anywhere from 100,000 to...
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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)
AP
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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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)
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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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)
AP
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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A woman looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, March 27, 2020. Shares are mostly higher in Asia after stocks surged again on Wall Street with the approaching approval of a massive coronavirus relief bill by Congress.(AP Photo/Eugene Hoshiko)
AP
March 27, 2020 - 1:11 am
BANGKOK (AP) — Asian shares mostly tracked Wall Street's advance on Friday in Asia in anticipation congressional approval of massive coronavirus relief for the U.S. economy. Tokyo jumped 2.5% and Shanghai added 0.9%. Stocks sank 5.3% in Australia, ending a three day winning streak as investors...
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