ECB takes action to keep banks lending during virus crisis

ECB takes action to keep banks lending during virus crisis

FRANKFURT, Germany (AP) — The European Central Bank took more emergency action Tuesday to keep credit flowing to companies in the 19 countries that use the euro by easing its rules for lending to banks that serve those businesses. The action comes amid widespread...
Work starts in Montana on disputed Canada-US oil pipeline

Work starts in Montana on disputed Canada-US oil pipeline

BILLINGS, Mont. (AP) — A Canadian company said Monday that it’s started construction on the long-stalled Keystone XL oil sands pipeline across the U.S.-Canada border, despite calls from tribal leaders and environmentalists to delay the $8 billion project amid...
Consumers get some breaks, but layoffs keep coming

Consumers get some breaks, but layoffs keep coming

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus. ___________CUSTOMERS FIRST: The pandemic is sapping...
Online grocery services struggle to meet spike in demand

Online grocery services struggle to meet spike in demand

LONDON (AP) — A pandemic forcing everyone to stay home could be the perfect moment for online grocery services. In practice, they’ve been struggling to keep up with a surge in orders, highlighting their limited ability to respond to an unprecedented onslaught of...
SeaWorld CEO resigns five months into job, cites board

SeaWorld CEO resigns five months into job, cites board

ORLANDO, Fla. (AP) — SeaWorld Entertainment’s chief executive has resigned only five months into his job, becoming the third leader of the theme park company to depart in just over two years, according to a company filing released Monday.Sergio Rivera cited his...