Apr 22, 2020 | Finance
BERKELEY, Calif. (AP) — PG&E Corp. CEO Bill Johnson will step down from his job just 14 months after the nation’s largest utility hired him to rescue it from a financial mess caused by a history of negligence and to change a corporate culture that emphasized...
Apr 22, 2020 | Finance
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the global economy, the work place and the spread of the virus.________________________THE HEALTH BIZ: In this era of dire...
Apr 22, 2020 | Finance
IOWA CITY, Iowa (AP) — Tyson Foods suspended operations Wednesday at an Iowa plant that is critical to the nation’s pork supply but was blamed for fueling a massive coronavirus outbreak in the region.The Arkansas-based company said the closure of the plant in...
Apr 22, 2020 | Finance
NEW DELHI (AP) — Facebook says it plans to invest $5.7 billion in India’s telecom giant Reliance Jio.The investment will give Facebook a 9.99% stake in Jio Platforms, the digital technologies and app developing division of Reliance Industries. Reliance Jio has the...
Apr 22, 2020 | Finance
NEW DELHI (AP) — India said Wednesday that it plans to manufacture thousands of wristbands that will monitor the locations and temperatures of coronavirus patients and help perform contact tracing.The wristband project aims to track quarantined patients and aid health...
Apr 22, 2020 | Finance
NEW YORK (AP) — Stock rose on Wednesday, and the S&P 500 recovered a chunk of this week’s sharp losses as a bit of oxygen pumped through markets around the world. Even oil gained ground, pulling further away from zero after earlier getting turned upside down amid...
