Stocks climb as pandemic winners pull away on Wall Street

Apr 16, 2020 | Finance, Politics

NEW YORK (AP) — Even in this new stay-at-home, increasingly jobless economy, some businesses are making out as clear winners, and gains for Amazon, health care companies and stocks in other pockets of the market helped prop up Wall Street Thursday.The S&P 500 rose...

For meat plant workers, virus makes a hard job perilous

Apr 15, 2020 | Finance

SIOUX FALLS, S.D. (AP) — Kulule Amosa’s husband earns $17.70 an hour at a South Dakota pork plant doing a job so physically demanding it can only be performed in 30-minute increments. After each shift last week, he left exhausted as usual — but he didn’t want to go...

Tech companies step up fight against bad coronavirus info

Apr 15, 2020 | Finance

CHICAGO (AP) — Potentially dangerous coronavirus misinformation has spread from continent to continent like the pandemic itself, forcing the world’s largest tech companies to take unprecedented action to protect public health. Facebook, Google and others have begun...

Apple rolls out cheaper iPhone as pandemic curbs spending

Apr 15, 2020 | Finance

NEW YORK (AP) — Apple is releasing a new iPhone that will be vastly cheaper than the models it rolled out last fall when the economy was booming and the pandemic had yet to force people to rethink their spending.The second-generation iPhone SE introduced Wednesday...

‘A crisis like no other’: IMF facing huge demand for support

Apr 15, 2020 | Finance

WASHINGTON (AP) — The head of the International Monetary Fund said Wednesday that the lending agency is facing huge demand for support from its members during the global pandemic.An unprecedented 102 of the IMF’s 189 member countries are seeking assistance from...

US economic data reveals damage; job losses hit Trump resort

Apr 15, 2020 | Finance, Politics

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.________________________NUMBERS TELL A GRIM STORY: Data...