Corporate news

A person on a stretcher is removed from Carnival's Holland America cruise ship Zaandam at Port Everglades during the new coronavirus pandemic, Thursday, April 2, 2020, in Fort Lauderdale, Fla. Those passengers that are fit for travel in accordance with guidelines from the U.S. Centers for Disease Control will be permitted to disembark. (AP Photo/Lynne Sladky)
AP
April 02, 2020 - 7:57 pm
FORT LAUDERDALE, Fla. (AP) — A cruise ship that had at least two passengers die of coronavirus while barred from South American ports finally docked Thursday in Florida after two weeks at sea and days of negotiations with initially resistant local officials. The Zaandam and a sister ship sent to...
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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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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)
AP
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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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 sign showing an auto dealership closed as a preemptive COVID-19 action is shown Thursday, March 26, 2020 jn Detroit. Automakers' moves to reopen plants in the U.S. come as new auto sales are expected to fall dramatically for the month of March. Edmunds.com expects March sales to fall nearly 36% from a year earlier. (AP Photo/Paul Sancya)
AP
March 26, 2020 - 4:06 pm
DETROIT (AP) — Ford, Fiat Chrysler, Honda and Toyota took steps Thursday to restart North American factories that have been closed to protect workers from the coronavirus. The plants would reopen in early or mid-April, restoring the largest source of cash for automakers that generally book revenue...
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FILE - In this Monday, March 2, 2020 file photo, Gilead Sciences CEO Daniel O'Day speaks at a meeting with President Donald Trump, members of the Coronavirus Task Force, and pharmaceutical executives in the Cabinet Room of the White House in Washington. Gilead, the pharmaceutical giant that makes remdesivir, a promising coronavirus drug, has registered it as a rare disease treatment with U.S. regulators on Monday, March 23, 2020, a status that can potentially be worth millions in tax breaks and competition-free sales. (AP Photo/Andrew Harnik)
AP
March 24, 2020 - 8:11 pm
WASHINGTON (AP) — The pharmaceutical giant that makes a promising coronavirus drug has registered it as a rare disease treatment with U.S. regulators, a status that can potentially be worth millions in tax breaks and competition-free sales. What that specialty status will actually mean for the...
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People wear masks and gloves as they travel on a tube in London, Friday, March 13, 2020. 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. (AP Photo/Kirsty Wigglesworth)
AP
March 13, 2020 - 10:47 pm
The Latest on the world's coronavirus pandemic: Officials say tests have confirmed three cases of the new coronavirus in Puerto Rico, the first for the U.S. territory. Gov. Wanda Vazquez said Friday night that the public school system would close for 14 days and that no cruise ships or the ferry...
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AP
March 11, 2020 - 10:54 am
NEW YORK (AP) — The Latest on the action in the financial markets (all times local): 11:40 a.m. Analysts at Goldman Sachs predict the longest-ever bull market for stocks will soon end, citing expectations of weaker company profits this year. The analysts lowered their 2020 earnings forecast for S...
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Specialist Timothy Nick works on the floor of the New York Stock Exchange, Monday, March 9, 2020. The Dow Jones Industrial Average plummeted 1,500 points, or 6%, following similar drops in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus. (AP Photo/Richard Drew)
AP
March 09, 2020 - 8:27 pm
Stocks took their worst one-day beating on Wall Street since the global financial crisis of 2008 as a collapse in oil prices Monday combined with mounting alarm over what the coronavirus could do to the world economy. The staggering losses, including a 7.8% tumble in the Dow Jones Industrial...
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