May 28, 2020 | Finance
TOKYO (AP) — Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production. Yokohama-based Nissan’s chief executive, Makoto Uchida,...
May 28, 2020 | Finance
LONDON (AP) — European budget carrier easyJet and American Airlines both plan to cut large parts of their workforces as the global aviation industry struggles to cope with a near total halt to travel amid the COVID-19 pandemic.Easyjet said Thursday that it will cut up...
May 27, 2020 | Finance
CANBERRA, Australia (AP) — Australia’s largest newspaper publisher, News Corp., announced on Thursday that most of its suburban and regional mastheads across the country will become digital-only next month due to the pandemic and digital platforms sharing their...
May 27, 2020 | Finance
COPENHAGEN, Denmark (AP) — Swedish teenage climate activist Greta Thunberg lashed out at authorities in the Danish capital on Wednesday because Copenhagen has for the last six years pumped large amounts of wastewater into the strait separating Sweden and...
May 27, 2020 | Finance
WASHINGTON (AP) — Businesses across the country surveyed by the Federal Reserve don’t appear to share the Trump administration’s optimism about a rapid economic recovery starting this summer.The Federal Reserve released a report Wednesday that draws on business...
May 27, 2020 | Finance
GILBERT, Ariz. (AP) — Brian Morris faced a difficult scenario when the coronavirus pandemic started leading to shutdowns across the nation.If Arizona Gov. Doug Ducey opted to include bike shops among the businesses deemed nonessential, Freeride Bike Company, which he...