Business

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)
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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Restaurant workers Alvyn Lopez, left, and Maria Lindo watch for customers as they stand outside Aura at Books & Books, Monday, July 6, 2020, on Miami Beach, Florida's famed Lincoln Road. In Miami-Dade County, population 2.7 million, Mayor Carlos Gimenez ordered the closing of restaurants and certain other indoor places, including vacation rentals, seven weeks after they were allowed to reopen. Beaches will reopen on Tuesday after being closed over the weekend. (AP Photo/Wilfredo Lee)
July 06, 2020 - 10:26 pm
MIAMI (AP) — Hospitals rapidly approached capacity across the Sunbelt, and the Miami area closed indoor dining at restaurants and gyms again because of the surging coronavirus Monday, as the U.S. emerged from a Fourth of July weekend of picnics, pool parties and beach outings that health officials...
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FILE - In this July 11, 2019, file photo, Assemblywoman Autumn Burke, D-Inglewood, calls on lawmakers to approve a wildfire measure she co-authored, with Assemblyman Chris Holden, D-Pasadena, and Assemblyman Chad Mayes, R-Yucca Valley, before the Assembly in Sacramento, Calif. A coronavirus outbreak in the California Legislature has indefinitely delayed the state Assembly's return to work from a scheduled summer recess. Assembly Speaker Anthony Rendon's office confirmed five people who work in the Assembly have tested positive for the coronavirus. They include Burke, who is believed to have contracted the virus while on the Assembly floor last month. (AP Photo/Rich Pedroncelli, File)
July 06, 2020 - 8:05 pm
SACRAMENTO, Calif. (AP) — A coronavirus outbreak in the California Legislature has indefinitely delayed the state Assembly’s return to work from a scheduled summer recess, highlighting the rapid spread of the virus in a state that has imposed new restrictions on bars and restaurants following a...
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FILE - In this Oct. 23, 2019, file photo, a campaign poster for Seattle City Council incumbent candidate Kshama Sawant is posted outside her campaign headquarters in Seattle. The City Council on Monday, July 6, 2020, approved a new tax on big businesses two years after the council repealed a similar tax amid pressure from corporations such as Amazon. (AP Photo/Elaine Thompson, File)
July 06, 2020 - 7:36 pm
SEATTLE (AP) — The Seattle City Council on Monday approved a new tax on large businesses, two years after the council repealed a big business tax amid pressure from corporations such as Amazon and the prospect of a voter referendum. The new tax called “JumpStart Seattle,” from lead sponsor and...
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FILE - In this July 11, 2019, file photo, Assemblywoman Autumn Burke, D-Inglewood, calls on lawmakers to approve a wildfire measure she co-authored, with Assemblyman Chris Holden, D-Pasadena, and Assemblyman Chad Mayes, R-Yucca Valley, before the Assembly in Sacramento, Calif. A coronavirus outbreak in the California Legislature has indefinitely delayed the state Assembly's return to work from a scheduled summer recess. Assembly Speaker Anthony Rendon's office confirmed five people who work in the Assembly have tested positive for the coronavirus. They include Burke, who is believed to have contracted the virus while on the Assembly floor last month. (AP Photo/Rich Pedroncelli, File)
July 06, 2020 - 7:27 pm
SACRAMENTO, Calif. -- A coronavirus outbreak in the California Legislature has indefinitely delayed the state Assembly’s return to work from a scheduled summer recess. Assembly Speaker Anthony Rendon’s office confirmed five people who work in the Assembly have tested positive for the coronavirus...
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WWL AP Feed General
July 06, 2020 - 6:43 pm
DETROIT (AP) — An appeals court on Monday said the CEOs of General Motors and Fiat Chrysler don't have to meet to settle a lawsuit between the two automakers. The court overturned an extraordinary decision by a federal judge in Detroit who had ordered GM's Mary Barra and FCA's Mike Manley to get...
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FILE - This Sept. 15, 2019, file photo shows The Greenbrier resort nestled in the mountains in White Sulphur Springs, W.Va. At least six of billionaire West Virginia Gov. Jim Justice family entities received the Paycheck Protection Program loans, meant to keep small businesses afloat during the coronavirus pandemic, including the governor’s lavish resort The Greenbrier, as well as The Greenbrier Sporting Club, an exclusive members-only club linked to the resort. (AP Photo/Steve Helber, File)
July 06, 2020 - 4:54 pm
COLUMBUS, Ohio (AP) — Governors who ordered shutdowns as their states responded to the coronavirus pandemic were among millions of beneficiaries of the loan program created to help small businesses weather COVID-19's effect on the economy, data released Monday show. The governors of at least seven...
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FILE - In this June 30, 2020 file photo, Treasury Secretary Steven Mnuchin testifies during a House Financial Services Committee hearing on the coronavirus response on Capitol Hill in Washington. The Treasury Department said it is releasing on Monday, July 6 the names of more than 700,000 companies that received funds from the government’s small business lending program, a massive effort intended to support the economy as states shut down in April to contain the viral outbreak (Tasos Katopodis/Pool via AP, File)
July 06, 2020 - 4:43 pm
WASHINGTON (AP) — The government on Monday identified roughly 650,000 mostly small businesses and nonprofits that received taxpayer money from a federal program that probably softened job losses from the coronavirus but also benefited some politically connected firms. The Treasury Department’s...
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FILE - This March 29, 2018, file photo shows the Facebook logo on screens at the Nasdaq MarketSite in New York's Times Square. Social media site and messaging services Facebook, WhatsApp and Telegram will suspend processing law enforcement requests for user data in Hong Kong, as they assess the impact of the new national security law enacted in the city last week. Facebook and its popular messaging app subsidiary WhatsApp said in separate statements Monday, July 6, 2020, that they would pause the review of government requests for user data in Hong Kong, “pending further assessment of the National Security Law, including formal human rights due diligence and consultations with international human rights experts. (AP Photo/Richard Drew, File)
July 06, 2020 - 2:17 pm
HONG KONG (AP) — Social media platforms and messaging apps including Facebook, WhatsApp, Telegram, Google and Twitter will deny law enforcement requests for user data in Hong Kong as they assess the effect of a new national security law enacted last week. Facebook and its messaging app WhatsApp...
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FILE - In this May 15, 2020 file photo, an Uber sign is displayed inside a car in Chicago. Uber finally got its food delivery company, acquiring Postmates in a $2.65 billion all-stock deal, the ride-hailing giant confirmed Monday, July 6. (AP Photo/Nam Y. Huh, File)
July 06, 2020 - 2:06 pm
SILVER SPRING, Md. (AP) — Uber has widened its reach in the fiercely competitive delivery market by acquiring Postmates in a $2.65 billion all-stock deal, the company said Monday. The acquisition enables the ride-hailing giant to increase its delivery offerings at a time when the global pandemic...
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