Business News

WWL AP Feed General
March 30, 2020 - 5:10 pm
HOUSTON (AP) _ Contango Oil & Gas Co. (MCF) on Monday reported a loss of $138.4 million in its fourth quarter. The Houston-based company said it had a loss of $1.32 per share. Losses, adjusted for asset impairment costs, came to 13 cents per share. The oil and gas company posted revenue of $37...
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President Donald Trump speaks about the coronavirus in the Rose Garden of the White House, Monday, March 30, 2020, in Washington. (AP Photo/Alex Brandon)
March 30, 2020 - 5:02 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: — Navy hospital ship arrives in New York City. —Japan...
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WWL AP Feed General
March 30, 2020 - 5:01 pm
DALLAS (AP) _ Transcontinental Realty Investors Inc. (TCI) on Monday reported a fourth-quarter loss of $7.2 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Dallas-based company said it had a loss of 83 cents. The real estate investor posted revenue of...
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FILE - In this June 15, 2017, file photo, bagged purchases from the Kroger grocery store in Flowood, Miss., sit inside this shopping cart. A group of Instacart workers are organizing a strike across the U.S. starting Monday, March 30, 2020, to demand more pay and protection as they struggle to meet a surge in demand for grocery deliveries during the coronavirus pandemic. It was unclear how many of Instacart's shoppers - most of whom work as independent contractors - would join the strike. (AP Photo/Rogelio V. Solis, File)
March 30, 2020 - 4:52 pm
NEW YORK (AP) — Some Instacart and Amazon warehouse workers walked off the job Monday demanding greater safeguards against the coronavirus, even as both companies are speed-hiring hundreds of thousands of new workers to handle a surge in delivery orders. The one-day strikes had little impact on...
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In this Thursday, March 26, 2020 photo, A.J. Davidson, who works in the business development department at Blue Delta Jeans, packages face guards made at the jeans manufacturing site in Shannon, Miss. The company has shifted its operation from making custom jeans to help with the demand of face masks to combat the coronavirus outbreak. 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/Julio Cortez)
March 30, 2020 - 4:33 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related to the global economy, the work place and the spread of the virus. _______ AIR CARE: Britain’s health service is asking airline cabin crew who have been...
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Gas USA is selling gas for 97.9 cents a gallon, Monday, March 30, 2020, in Cleveland. Oil started the year above $60 and has plunged on expectations that a weakened economy will burn less fuel. The world is awash in oil, meanwhile, as producers continue to pull more of it out of the ground. (AP Photo/Tony Dejak)
March 30, 2020 - 3:51 pm
DALLAS (AP) — U.S. gasoline prices have dropped to their lowest levels in four years, and they are almost sure to go lower as oil prices plunge. Price-tracking services put the national average Monday around $2 a gallon. Some stations were spotted charging under a dollar. But don't expect a...
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WWL AP Feed General
March 30, 2020 - 3:14 pm
NEW YORK (AP) — When will the money arrive? That's the urgent question for small business owners who have been devastated by the coronavirus outbreak. They're awaiting help from the $2 trillion rescue package signed into law Friday. But with bills fast coming due, no end to business closings and an...
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A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, March 30, 2020. Asian shares started the week with further losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world.(AP Photo/Vincent Yu)
March 30, 2020 - 3:08 pm
NEW YORK (AP) — Stocks are closing higher again on Wall Street Monday, led by health care stocks, bringing the market's surge over the past week to 17%. The S&P 500 rose more than 3% for its fourth gain in five days, following up its best weekly gain since hitting bottom after the financial...
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The Navy hospital ship USNS Comfort passes lower Manhattan on its way to docking in New York, Monday, March 30, 2020. The ship has 1,000 beds and 12 operating rooms that could be up and running within 24 hours of its arrival on Monday morning. It's expected to bolster a besieged health care system by treating non-coronavirus patients while hospitals treat people with COVID-19. AP Photo/Seth Wenig)
March 30, 2020 - 2:13 pm
NEW YORK (AP) — New York's governor issued an urgent appeal for medical volunteers Monday amid a “staggering” number of deaths from the coronavirus, saying: “Please come help us in New York, now.” And tens of thousands of retired or sidelined nurses and doctors were already answering the call. The...
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A cyclist passes Macy's in Herald Square, Monday, March 23, 2020, in New York. Macy's stores nationwide are closed due to the coronavirus. (AP Photo/Mark Lennihan)
March 30, 2020 - 1:56 pm
NEW YORK (AP) — Macy's says it will temporarily stop paying tens of thousands of employees who were thrown out of work when the chain closed its stores in response to collapsing sales during the pandemic. The majority of its 125,000 employees, including stock people and sales clerks, will still...
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