Business News

More Than 5 Million Customers Affected In Latest…

The hotel chain says a system containing guests' names and personal information was accessed.

Chinese struggle to return to work as virus…

Millions of Chinese workers are streaming back to factories, shops and offices but many still face anti-coronavirus controls that add to their financial losses and aggravation

Carnival Corp. Seeking Billions To Handle…

The coronavirus has forced many cruise lines, including ones owned by Carnival Corporation, to suspend operations.

Drop in sales mean Powerball jackpots will get…

Look for Powerball jackpots to get even smaller as the new coronavirus keeps more people at home, not out buying lottery tickets

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American Airlines Says It Will Seek $12B In…

Airline executives said the government assistance "will allow us to fly through even the worst of potential future scenarios."

World Bank OKs first $1.9B for poor countries…

The World Bank has approved its first funds to help some of the globe’s poorer countries combat the coronavirus outbreak

Crocs Donating Shoes To Health Care Workers Amid…

​Health workers across the U.S. can request a free pair of the company's shoes through its website.

US allowing longer shifts at nuclear plants in…

U.S. nuclear plants will be allowed to keep workers on longer shifts to deal with staffing problems in the coronavirus pandemic

Singapore Airlines To Slash Operations Amid…

​The company said it will reduce capacity by 96% due to recent global border restrictions.

Memo: Some in US may not get stimulus checks…

The federal government is sending financial help to millions, but the timing of those payments may vary

Unemployment To Hit 30% Because Of Coronavirus…

James Bullard told Bloomberg News the second quarter will likely see a 50% drop in gross domestic product as well.

AP-NORC poll: Widespread support for virus relief…

A new poll from The Associated Press-NORC Center for Public Affairs Research finds wide support for several measures that have already been taken to prop up the U.S. economy, especially those aimed at helping individuals, small businesses and hospitals

Nikki Haley Resigns From Boeing's Board Of…

The former U.S. ambassador to the U.N. resigned over the company's request for government aid in response to the coronavirus pandemic.

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Mexican economy may contract by 4 to 8% in 2020

Mexico's Treasury predicts the country's economy will contract by as much as 3.9% in 2020 the face of the spreading COVID-19 pandemic, but private analysts are making even more dire predictions: the country's worst economic downturn since the Great Depression

Unemployment Claims Rise Amid Outbreak

As coronavirus outbreak triggers layoffs, unemployment claims are on the rise.

Stimulus aid for 'small business' will go to some…

As the federal government prepares to launch a $349 billion loan program meant to help small businesses survive the coronavirus pandemic, critics have growing concerns that some mom-and-pop shops might get squeezed out

U.S. Automakers Willing To Produce Ventilators At…

Ventilators, which help patients breathe, are being used by hospitals to treat some of the more severe coronavirus cases.

'Top Gun Maverick' postponed to December due to…

Hollywood's summer movie season is all but finished

New York Stock Exchange To Close Floor, Shift To…

​The NYSE's president said two people tested positive for the coronavirus but that the building has been cleaned since they were last inside.

Outbreak: bankruptcies, layoffs, quiet skies and…

There may be no company that people will associate with more when they look back at this time than Zoom

Big Three Automakers Agree To Halt Production…

Ford, Fiat Chrysler and General Motors will stop production in North America.

Trump says he expects Russia, Saudis to cut oil…

President Donald Trump says he expects Saudi Arabia and Russia will dramatically cut production and end an oil war that sent energy prices plummeting

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Federal Reserve Activates Economic Safeguards…

The Fed is using two emergency lending programs to help keep credit flowing.

With business vaporizing, Europe focuses on…

As both COVID-19 cases and unemployment rise across Europe, governments and the European Union are trying to cushion the violence of the economic shock with schemes to avoid layoffs

Survey: Athletic directors bracing for financial…

Athletic directors across the U.S. are bracing for a potential financial crisis related to the coronavirus pandemic