Business

German Economy Minister Peter Altmaier, left, and German Finance Minister and Vice-Chancellor Olaf Scholz arrive to give a press conference on an aid package in response to the COVID-19 coronavirus pandemic, in Berlin, Monday April 6, 2020. Restrictions on civil liberties and social restrictions have been imposed in many countries as the highly contagious COVID-19 coronavirus sweeps the globe. (John Macdougall/Pool via AP)
April 08, 2020 - 4:39 am
BRUSSELS (AP) — European governments remained at loggerheads Wednesday over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of finance officials who clashed over aid conditions and a proposal to borrow together to pay for the health crisis. Finance ministers...
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A man reads a newspaper with the headline: 'PM in intensive care', outside St Thomas' Hospital in central London as British Prime Minister Boris Johnson is in intensive care fighting the coronavirus in London, Tuesday, April 7, 2020. Johnson was admitted to St Thomas' hospital in central London on Sunday after his coronavirus symptoms persisted for 10 days. Having been in hospital for tests and observation, his doctors advised that he be admitted to intensive care on Monday evening. 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/Kirsty Wigglesworth)
April 08, 2020 - 3:29 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — New York virus death toll tops 9/11 deaths. —...
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FILE- This Oct. 9, 2018, file photo shows an oil rig and pump jack in Midland, Texas. Goldman Sachs is warning of another sharp drop in oil prices, Thursday, March 26, 2020, saying some oil producers are eventually going to have to shut some wells because the coronavirus outbreak is crushing demand. (Jacob Ford/Odessa American via AP, File, File)
April 08, 2020 - 3:21 am
TEHRAN, Iran (AP) — Iran demanded on Wednesday that U.S. oil production levels must be known before an upcoming OPEC meeting with Russia and others seeking to boost global energy prices. The meeting of the so-called OPEC+ is scheduled to be held Thursday after officials delayed it following Saudi...
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A man stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, April 8, 2020, in Tokyo. Asian shares were mostly lower after gyrating in early trading amid uncertainty over the coronavirus outbreak. Japan’s Nikkei 225 inched up in Wednesday morning trading, but benchmarks in Australia, South Korea and Chine are lower. (AP Photo/Eugene Hoshiko)
April 08, 2020 - 2:05 am
TOKYO (AP) — Japan's benchmark advanced but other Asian shares fell Wednesday amid uncertainty over the coronavirus outbreak, which continues to claim more lives around the world. Japan's Nikkei 225 jumped 2.1% to finish at 19,353.24. Stronger than expected machinery orders helped lift sentiment...
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Police officers wearing face masks to protect against the spread of new coronavirus sit on motorcycles near a toll gate for vehicles entering and exiting Wuhan in central China's Hubei Province, Wednesday, April 8, 2020. After 11 weeks of lockdown, the first train departed Wednesday morning from a re-opened Wuhan, the origin point for the coronavirus pandemic, as residents once again were allowed to travel in and out of the sprawling central Chinese city. (AP Photo/Ng Han Guan)
April 07, 2020 - 10:32 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Japan PM Abe urges cooperation with state of...
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Customers wear face masks as they line up to enter a supermarket keeping social distancing following the government's measures to help stop the spread of the coronavirus, in Tel Aviv, Israel, Tuesday, April 7, 2020. Israeli Prime Minister Benjamin Netanyahu announced Monday a complete lockdown over the upcoming Passover holiday to control the country's coronavirus outbreak, but offered citizens some hope by saying he expects to lift widespread restrictions after the week-long festival. (AP Photo/Oded Balilty)
April 07, 2020 - 10:30 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus. ___________ CUSTOMERS FIRST: The pandemic is sapping trillions from the economy and the...
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Passengers wearing protective suits to protect against the spread of new coronavirus gather outside of Hankou train station ahead of the resumption of train services in Wuhan in central China's Hubei Province, Wednesday, April 8, 2020. After 11 weeks of lockdown, the first train departed Wednesday morning from a re-opened Wuhan, the origin point for the coronavirus pandemic, as residents once again were allowed to travel in and out of the sprawling central Chinese city. (AP Photo/Ng Han Guan)
April 07, 2020 - 9:45 pm
NEW YORK (AP) — New York City’s death toll from the coronavirus rose past 4,000 on Tuesday, eclipsing the number killed at the World Trade Center on 9/11. In Britain, Prime Minister Boris Johnson lay in intensive care, believed to be the first major world leader hospitalized with the virus. The...
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FILE - In this Aug. 15, 2019, file photo, a Pacific Gas & Electric worker walks in front of a truck in San Francisco. Pacific Gas & Electric's complex plan for emerging from bankruptcy may face a make or break moment during a court hearing Tuesday, April 7, 2020, that will re-examine the merits of a $13.5 billion settlement with the victims of catastrophic wildfires caused by the utility. (AP Photo/Jeff Chiu, File)
April 07, 2020 - 7:49 pm
BERKELEY, Calif. (AP) — A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promises as it tries to preserve a plan for getting out of bankruptcy in an unraveling...
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FILE - This Aug. 17, 1997 file photo shows Earl G. Graves Sr. with his book "How To Succeed In Business Without Being White" in New York. Graves Sr., who championed black businesses as the founder of the first African American-owned magazine focusing on black entrepreneurs, has died. He was 85. His son said Graves died Monday, April 6, 2020. (AP Photo/Bebeto Matthews, File)
April 07, 2020 - 6:48 pm
NEW YORK (AP) — Earl Graves Sr., who championed black businesses as the founder of the first African American-owned magazine focusing on black entrepreneurs, has died. He was 85. Graves died Monday after a long battle with Alzheimer’s disease, his son, Earl “Butch” Graves Jr, said in a post on...
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FILE- In this Aug. 4, 2017 file photo, former pharmaceutical company CEO, Martin Shkreli, arrives at federal court in New York. The convicted former drug company wants out of prison so he can help research a treatment for the coronavirus. Shkreli's attorney said Tuesday, April 7, 2020, that he will be filing court papers asking federal authorities to release Shkreli for three months so he can do laboratory work “under strict supervision.” (AP Photo/Seth Wenig, File)
April 07, 2020 - 4:56 pm
NEW YORK (AP) — Convicted former drug company CEO Martin Shkreli, known as “Pharma Bro,” wants to get out of prison so he can help research a treatment for the coronavirus, his lawyer said Tuesday. Defense attorney Ben Brafman said that he will file court papers asking federal authorities to...
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