Stocks fall as investors brace for earnings hit from virus
Stocks fell on Wall Street Monday, erasing some of the market’s big gains from last week, as investors braced for a sobering first look at how the coronavirus pandemic has hurt company earnings. The S&P 500 fell 1% after cutting its early losses by more than half...
US restaurants turn to grocery sales to help offset losses
O’FALLON, Mo. (AP) — Charlene Gulliford at the Gandy Dancer never figured there would come a day when the Michigan restaurant known for its steaks and seafood would sell toilet paper and cartons of eggs, but the coronavirus has restaurants in survival mode.The...
Fauci says ‘rolling reentry’ of US economy possible in May
WASHINGTON (AP) — The United States’ top infectious disease expert said Sunday that the economy in parts of the country could have a “rolling reentry” as early as next month, provided health authorities can quickly identify and isolate people who will inevitably be...
City Lights Bookstore launches successful GoFundMe campaign
NEW YORK (AP) — One of the world’s most famous independent booksellers, City Lights Bookstore in San Francisco, was in dire financial shape because of the coronavirus outbreak and asked for help. Help quickly arrived. Within days of starting a GoFundMe campaign...