Jun 9, 2020 | Finance
MADRID (AP) — Spain’s sunny, beautiful Balearic Islands will allow thousands of German tourists to fly in for a two-week trial that tests out how to balance the needs of Spain’s vital tourism industry with new regulations to curb the country’s coronavirus...
Jun 9, 2020 | Finance
BALTIMORE (AP) — U.S. employers laid off 7.7 million workers in April — a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic. The Labor Department also said in a Tuesday report that...
Jun 9, 2020 | Finance
LONDON (AP) — Japanese carmaker Honda said Tuesday that it has been hit by a cyberattack that disrupted its business in several countries, though it expects the overall impact to be contained. The company said in a statement that “a cyberattack has taken place...
Jun 9, 2020 | Finance
Wall Street hit the brakes Tuesday, a day after its remarkable, weekslong rally brought the S&P 500 back to positive for the year and the Nasdaq to a record high. The benchmark index fell 0.8%, its largest loss in almost three weeks, as traders cashed in on some...
Jun 8, 2020 | Finance
WASHINGTON (AP) — The Federal Reserve is expanding the range of companies that will qualify for its soon-to-begin Main Street Lending Program, in which the Fed will lend directly to individual companies for the first time since the Great Depression. Under the changes...
Jun 8, 2020 | Finance
Marriott, Hilton and other big hotel companies are used to competing on price or perks. Now they are competing on cleanliness. From masked clerks at the front desk to shuttered buffets, hotels are making visible changes in the wake of the pandemic. Signage will tout...
