Corporate news

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, July 7, 2020. Asian shares were mixed Tuesday, as some benchmarks were buoyed by an ongoing worldwide rally as investors bet on a dramatic economic turnaround amid ongoing challenges of the coronavirus outbreak. (AP Photo/Vincent Yu)
AP
July 06, 2020 - 11:41 pm
TOKYO (AP) — Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high. Japan's benchmark Nikkei 225 dropped 0.6% to 22,577.65 and South Korea'...
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FILE - In this June 6, 2020, file photo, demonstrators protest near the White House in Washington over the death of George Floyd, a black man who was in police custody in Minneapolis. In just about any other year, Juneteenth, the holiday celebrating the day in 1865 that all enslaved black people learned they had been freed from bondage, would be marked with a cookout, a parade, or a community festival. But Juneteenth 2020 will be a day of protest in may places Friday, June 19. (AP Photo/Alex Brandon, File)
AP
June 18, 2020 - 7:37 pm
In just about any other year, Juneteenth, the holiday celebrating the day in 1865 that all enslaved black people learned they had been freed from bondage, would be marked by African American families across the nation with a cookout, a parade, a community festival, a soulful rendition of “Lift Ev’...
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In this June 12, 2020, photo, Gregory Minott stands in front of Town Hall in Andover, Mass. Minott came to the U.S. from his native Jamaica more than two decades ago on a student visa and was able to carve out a career in architecture thanks to temporary work visas. Now a U.S. citizen and co-founder of a real estate development firm in Boston, he worries that new restrictions on student and work visas expected to be announced soon will prevent others from following a similar path to the American dream. (AP Photo/Elise Amendola)
AP
June 16, 2020 - 12:06 am
BOSTON (AP) — Gregory Minott came to the U.S. from his native Jamaica more than two decades ago on a student visa and was able to carve out a career in architecture thanks to temporary work visas. Now a U.S. citizen and co-founder of a real estate development firm in Boston, the 43-year-old worries...
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FILE - In this May 8, 2020, file photo, a J.C. Penney store sits closed in Roseville, Mich. The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. Penney said late Friday, May 15, 2020, it will be closing some stores and will be disclosing details and timing in the next few weeks. (AP Photo/Paul Sancya, File)
AP
June 04, 2020 - 8:58 pm
NEW YORK (AP) — J.C. Penney said Thursday that it will start closing 154 of its stores next week in what it is calling the first phase of its efforts to shrink its footprint. The Plano, Texas-based retailer said it could take about 10 to 16 weeks to complete the closures. A list of the stores...
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People relax on Primrose Hill, in London, Wednesday, May 20, 2020. Lockdown restrictions due to the coronavirus outbreak have been relaxed allowing unlimited outdoor exercise and activities such as sunbathing. The UK's Met Office said Wednesday, it is the hottest day of the year so far with 27.8 Celsius recorded at Heathrow. (AP Photo/Matt Dunham)
AP
May 20, 2020 - 4:38 pm
NEW YORK (AP) — This is what “normal” will look like for the foreseeable future. In Connecticut, restaurants are reopening with outdoor-only dining and tables 6 feet (2 meters) apart. In Beverly Hills, California, the rich and glamorous are doing their shopping from the curb along Rodeo Drive. And...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 20, 2020. Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. (AP Photo/Ahn Young-joon)
AP
May 20, 2020 - 3:50 pm
Stocks closed broadly higher on Wall Street Wednesday, clawing back all of its losses from a day earlier and extending its strong gains for the week. The S&P 500 rose 1.7% as the market bounced back from a sudden drop on Tuesday that snapped the index's three-day winning streak. Crude oil...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 20, 2020. Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. (AP Photo/Ahn Young-joon)
AP
May 19, 2020 - 10:50 pm
TOKYO (AP) — Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. Japan's benchmark Nikkei 225 rose nearly 0.9% in morning trading to 20,606.92 on expectations that a state of...
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A worker cleans near a bank's currency advertisement board in Seoul, South Korea, Tuesday, May 12, 2020. Shares are lower in Asia as news of fresh outbreaks of coronavirus cases and more infections among White House staff overshadowed hopes Tuesday over reopening economies. (AP Photo/Lee Jin-man)
AP
May 12, 2020 - 3:50 pm
Worries about the downside of reopening the economy too soon are weighing on markets, and Wall Street fell Tuesday to its biggest loss since the start of the month. The S&P 500 dropped 2.1% after spending much of the day drifting between small gains and losses, as investors debate whether the...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 6, 2020. Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. (AP Photo/Ahn Young-joon)
AP
May 05, 2020 - 10:45 pm
Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. Benchmarks in Shanghai and Sydney declined while Hong Kong, Seoul and Southeast Asia followed Wall Street higher. Japanese markets were closed for a holiday...
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In this Dec. 8, 2009 file photo, a butcher places beef on display at Costco in Mountain View, Calif. U.S. meat supplies are dwindling due to coronavirus-related production shutdowns. As a result, some stores like Costco and restaurants like Wendy's are limiting sales. U.S. beef and pork processing capacity is down 40% from last year. On Monday, May 4, 2020 nearly 20% of U.S. Costco, Sam's Club, Hy-Vee and Kroger are limiting purchases of meat to avoid panic buying. (AP Photo/Paul Sakuma, file)
AP
May 05, 2020 - 5:49 pm
The effects of the coronavirus pandemic have moved beyond meat processing plants and are now hitting dinner plates. Several U.S. production plants have been temporarily shuttered in the last two weeks after hundreds of workers were sickened by the virus. That has led to meat shortages, with Wendy's...
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