Apr 24, 2020 | Finance
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus.________________________GOVERNMENT & CENTRAL BANKS:...
Apr 24, 2020 | Finance
MADISON, Wis. (AP) — An astronomer in Chicago has sued the maker of American Girl dolls, alleging the Wisconsin company stole her likeness and name to create its astronaut doll. The federal trademark lawsuit filed in Madison this week by Lucianne Walkowicz asks...
Apr 24, 2020 | Finance
WASHINGTON (AP) — Orders for big-ticket manufactured goods plunged 14.4% in March, the second-biggest decline on record. The worse-than-expected slide underscored the severity of the economic impact from the pandemic. New orders for commercial airlines actually went...
Apr 24, 2020 | Finance
NEW YORK (AP) — In a manic week full of previously unthinkable market moves, Wall Street ended Friday with one reminiscent of what things were like before the coronavirus outbreak upended everything. The S&P 500 glided to a gain of 1.4%, with Apple, Microsoft and...
Apr 23, 2020 | Finance
OMAHA, Neb. (AP) — Union Pacific’s first-quarter profit improved 6%, but the railroad expects shipping volume to plummet 25% in the second quarter because of the ongoing coronavirus outbreak.The railroad said Thursday it earned $1.47 billion, or $2.15 per share,...
Apr 23, 2020 | Finance
WASHINGTON (AP) — Electronic cigarette companies will have four additional months to submit their products for government review because of delays tied to the coronavirus outbreak.The Food and Drug Administration said Thursday that a federal court accepted its request...