Apr 29, 2020 | Finance
For the first time, a major study suggests that an experimental drug works against the new coronavirus, and U.S. government officials said Wednesday that they would work to make it available to appropriate patients as quickly as possible.In a study of 1,063 patients...
Apr 29, 2020 | Finance
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan has promised to stand in solidarity with the United States in its struggle against the coronavirus pandemic and as it recovers from the outbreak.In a letter sent to President Donald Trump, Erdogan also said...
Apr 29, 2020 | Finance
NEW YORK (AP) — The smallest companies seeking coronavirus relief loans were moving to the head of the line Wednesday after the Small Business Administration said that for eight hours ending at midnight Eastern time it would accept loans only from small lenders.The...
Apr 29, 2020 | Finance
BALTIMORE (AP) — U.S. home sales showed signs of collapsing in March, as the number of contract signs plunged sharply because of the coronavirus outbreak.The National Association of Realtors said Wednesday that its pending home sales index, which measures signed buyer...
Apr 29, 2020 | Finance
Boeing outlined plans Wednesday to cut 10% of its workforce, slow production of new planes and raise more cash to survive a downturn in business that started with the grounding of its best-selling jet and has accelerated with a deep slump in air travel caused by the...
Apr 29, 2020 | Finance
FRANKFURT, Germany (AP) — Automaker Volkswagen saw car sales and operating profit plunge in the first quarter as the coronavirus outbreak closed dealerships and halted production. But the company said it had strong cash reserves and aimed to make a profit for the full...
