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FILE - In this March 17, 2020 file photo, people wait in line for help with unemployment benefits at the One-Stop Career Center in Las Vegas. A record-high number of people applied for unemployment benefits last week as layoffs engulfed the United States in the face of a near-total economic shutdown caused by the coronavirus. The surge in weekly applications for benefits far exceeded the previous record set in 1982. (AP Photo/John Locher, File)
Associated Press
March 26, 2020 - 8:43 am
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — nearly five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus. The surge in weekly applications was a stunning reflection of the damage the viral outbreak...
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WWL AP Feed General
March 26, 2020 - 7:47 am
WASHINGTON (AP) — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contraction due to the impact of the coronavirus. The Commerce Department said Thursday in...
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FILE - This photo provided by the New York Stock Exchange shows the unoccupied NYSE trading floor, closed temporarily for the first time in 228 years as a result of coronavirus concerns, Tuesday March 24, 2020. Global stocks and U.S. futures declined Thursday after the U.S. Senate approved a proposed $2.2 trillion virus aid package following a delay over its details and sent the measure to the House of Representatives. (Kearney Ferguson/NYSE via AP, File)
March 26, 2020 - 7:44 am
NEW YORK (AP) — The Latest on the action in the financial markets (all times local): 8:35 a.m. U.S. stock futures are rebounding after the U.S. government said nearly 3.3 million people filed for unemployment benefits last week, a dramatic indication of the impact of the coronavirus outbreak on the...
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FILE - In this July 30, 2019, file photo, One Championship founder Chatri Sityodtong, center, gestures as Reece McLaren, right, of Australia and Danny Kingad, of the Philippines face off during the media presentation for this ONE Championship mixed martial arts fight dubbed: Dawn of Heroes, in suburban Pasay city, south of Manila, Philippines. As his mixed martial arts promotions go behind closed doors and audience free, Sityodtong says he's finding ways to thrive during the coronavirus pandemic that is shutting down sports around the globe. (AP Photo/Bullit Marquez, File)
March 26, 2020 - 2:51 am
He survived the Asian financial crisis, which wiped out entire economies and tore his family apart. As his mixed martial arts promotions go audience free, One Championship founder Chatri Sityodtong says he's finding ways to thrive during the coronavirus pandemic that is shutting down sports around...
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A staff member carries plastic buckets containing medical waste from new coronavirus patients at the Dongsan Hospital in Daegu, South Korea, Wednesday, March 25, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (Park Dong-joon/Yonhap via AP)
March 25, 2020 - 8:46 pm
The Latest on the coronavirus pandemic. 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. TOP OF THE HOUR: — South Korea has 104 new coronavirus cases, 5...
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Unidentified Los Angeles residents are admistered with a test for COVID-19 while in their vehicles inside the Crenshaw Christian Center in South Los Angeles Wednesday, March 25, 2020. With California virus cases surging, Gov. Gavin Newsom said his stay-at-home order for 40 million Californians may stay in place into May. (AP Photo/Damian Dovarganes)
March 25, 2020 - 7:16 pm
SACRAMENTO, Calif. (AP) — Five of the nation's largest banks have agreed to temporarily suspend residential mortgage payments for people affected by the coronavirus, California Gov. Gavin Newsom said Wednesday. The announcement came as Newsom provided yet another grim statistic about the economic...
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WWL AP Feed General
March 25, 2020 - 4:27 pm
ADDISON, Texas (AP) _ Transatlantic Petroleum Ltd. (TAT) on Wednesday reported a loss of $2.5 million in its fourth quarter. On a per-share basis, the Addison, Texas-based company said it had a loss of 4 cents. The oil and gas company posted revenue of $16.5 million in the period. For the year, the...
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In this image provided by Jonathan Corpina, Jonathan Corpina, Senior Managing Partner at Meridian Equity Partners Inc., who normally works on the New York Stock Exchange trading floor, works in his home office in Armonk, NY., Wednesday, March 25, 2020. Stocks are wobbling in tentative trading Wednesday as a historic, worldwide rally downshifts dramatically after just a day. (Danielle Corpina/Courtesy Jonathan Corpina via AP)
March 25, 2020 - 4:22 pm
NEW YORK (AP) — Stocks scored their first back-to-back gains Wednesday since a brutal sell-off began five weeks ago, but much of an early rally faded late in the day as a last-minute dispute threatened to hold up a $2 trillion economic rescue package in Congress. The S&P 500 rose 1.2%, bringing...
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FILE - In this July 9, 2015, file photo, a man walks outside the headquarters of Gilead Sciences in Foster City, Calif. Gilead Sciences said Wednesday, March 25, 2020 it will give up the specialty status it received days earlier for its COVID-19 drug amid public outrage that the company was seeking to boost the profits of its treatment. (AP Photo/Eric Risberg, File)
March 25, 2020 - 2:55 pm
WASHINGTON (AP) — Facing public criticism, the maker of a promising coronavirus drug said Wednesday it will waive a special regulatory designation that could have allowed it to block competition and boost profits for its treatment. Gilead Sciences said it will ask U.S. regulators to revoke the so-...
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The newly renamed Hotel 166, located near the Northwestern University Hospital complex is seen Monday, March 23, 2020, in Chicago. The city of Chicago plans to reserve thousands of hotel rooms for people with mild cases of the coronavirus and others unable to return to their homes while awaiting test results, Mayor Lori Lightfoot announced Monday. Lightfoot said the city has partnered with five hotels, including the Hotel 166, and will have 1,000 rooms available by Tuesday. She estimates 2,000 rooms will be available by the end of the week. (AP Photo/Charles Rex Arbogast)
March 25, 2020 - 2:36 pm
CHICAGO (AP) — Hours before his first shift cooking for people with mild cases of COVID-19 who are being quarantined in a downtown Chicago hotel, Jose Gonzalez made a plan to protect his family from the coronavirus. Chicago's plan to reserve at least 1,000 hotel rooms through partnerships with five...
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