Monday: Big layoffs, bigger hirings, massive markets swings
Mar 23, 2020
The Associated Press 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…
0
Share 
Read More
What you need to know today about the virus outbreak
Mar 20, 2020
AP - The death toll from the global pandemic surpassed 10,000 people worldwide and the effects of a global economy grinding to a halt because of the pandemic were beginning to show, from millions of unsold…
Jobless claims jump by 70,000 as virus starts to take hold
Mar 19, 2020
By MARTIN CRUTSINGER WASHINGTON (AP) — The number of Americans filing new claims for unemployment benefits surged last week by 70,000, indicating that the impact of the coronavirus was starting to be felt in rising…
Trump invokes emergency authority; Big 3 automakers closing
Mar 18, 2020
By TIM SULLIVAN and DAVID RISING MINNEAPOLIS (AP) — President Donald Trump on Wednesday moved to invoke emergency authority to marshal industry to fight the coronavirus, as the economic fallout from the crisis mounted with…
World hunkers down at home, stranded travellers scramble
Mar 17, 2020
By CHRIS BLAKE and FRANK JORDANS BERLIN (AP) — Tens of millions of people hunkered down in government-ordered isolation Tuesday as borders slammed shut, schools and businesses closed and increasingly drastic restrictions on movement took…
Americans adjust to new life, hunker down amid coronavirus
Mar 13, 2020
By MICHELLE R. SMITH and GILLIAN FLACCUS AP - Workers lost their jobs, parents came up with impromptu home lesson plans for children kept home from shuttered schools. Families fretted over dwindling retirement accounts, the…
The mighty bull market falls victim to a tiny virus
Mar 12, 2020
By STAN CHOE NEW YORK (AP) — In the end, the mighty bull was slayed by a tiny virus. The longest bull market in U.S. history can now be said to have lasted almost 11…
WHO declares virus crisis a pandemic, U.S. stocks plunge
Mar 11, 2020
By JAMEY KEATEN, MARIA CHENG and JOHN LEICESTER GENEVA (AP) — The World Health Organization declared Wednesday that the global coronavirus crisis is now a pandemic as U.S. stocks plunged into bear market territory and…
New York sending in National Guard to control virus
Mar 10, 2020
By MARINA VILLENEUVE and OLGA R. RODRIGUEZ New York’s governor announced Tuesday he is sending the National Guard into a New York City suburb to help fight what is believed to be the nation’s biggest…
Dow loses 1,200 points, bond yields tumble as oil crashes
Mar 09, 2020
By STAN CHOE NEW YORK (AP) — Stocks fell sharply Monday on Wall Street on a combination of coronavirus fears and plunging oil prices, triggering a brief, automatic halt in trading to let investors catch…