Mar 29, 2020 | Finance
NEW YORK (AP) — The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments this weekend related to the global economy, the work place and the spread of the virus.______WALL STREET EXECUTIVE DIES:An...
Mar 29, 2020 | Finance
Visa has told its global roster of Olympic and Paralympic hopefuls their sponsorships will be extended into 2021 after the Tokyo Games were postponed, providing some financial certainty amid the disruption caused by the coronavirus pandemic.The credit card...
Mar 28, 2020 | Finance
SACRAMENTO, Calif. (AP) — Salvador Calzadillas isn’t worried about catching the coronavirus when he’s picking mandarin oranges in the trees in central California. But he said the mere act of getting to the groves each day puts him and his wife, also a...
Mar 27, 2020 | Finance
Shares of cruise lines have taken on more water after the industry’s major players were shut out from government assistance as part of the major economic-recovery bill signed by President Donald Trump on FridayThe bill passed by Congress says companies getting...
Mar 27, 2020 | Finance
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.IMF Managing Director Kristalina Georgieva said the 189-nation lending agency...
Mar 27, 2020 | Finance
NEW YORK (AP) — On the coast of Maine, Eric Baldwin and his staff of two usually spend their days selling, repairing and washing sails for boats. They transform their surplus sailcloth into tote bags to bring in extra money.But when the coronavirus outbreak slowed...
