Stocks slide as Amazon, other companies detail virus fallout

Stocks slide as Amazon, other companies detail virus fallout

Stocks closed broadly lower on Wall Street Friday after Amazon and other big companies reported disappointing results, the latest evidence of how the coronavirus pandemic is hobbling the economy and hurting corporate earnings. A day after closing out its best month...
Forbidden City, parks in Chinese capital reopen to public

Forbidden City, parks in Chinese capital reopen to public

BEIJING (AP) — Beijing’s parks and museums including the ancient Forbidden City reopened to the public Friday after being closed for months by the coronavirus pandemic.The Forbidden City, past home to China’s emperors, is allowing just 5,000 visitors daily, down from...
Visa 2Q profits up 3.6%, helped by more spending on network

Visa 2Q profits up 3.6%, helped by more spending on network

Visa said Thursday that its fiscal second-quarter profits increased 3.6% from a year earlier, helped by growth in payments being processed over the company’s namesake network.The San Francisco-based company reported net income of $3.08 billion, or $1.38 per...
NASA goes private for 1st astronaut lunar landers in decades

NASA goes private for 1st astronaut lunar landers in decades

CAPE CANAVERAL, Fla. (AP) — NASA is turning to private industry for the first lunar landers for astronauts in a half-century, with three competing, quite contrasting versions. NASA Administrator Jim Bridenstine announced Thursday the three companies that will develop,...
Apple pinched by pandemic; profit, iPhone sales decline

Apple pinched by pandemic; profit, iPhone sales decline

BERKELEY, Calif. (AP) — Apple’s profit dipped slightly while revenues rose in the January-March quarter, reflecting early fallout from a coronavirus pandemic that shut down its factories and then forced hundreds of Apple retail stores to close.The results...