May 19, 2020 | Finance
RIYADH, Saudi Arabia (AP) — Billionaire Saudi businessman Saleh Abdullah Kamel, who founded the banking and real estate conglomerate Dallah Albaraka Group, has died, according to relatives quoted in the kingdom’s media. He was 79.People close to Kamel told The...
May 18, 2020 | Finance
WASHINGTON (AP) — Restaurant owners gave President Donald Trump a sobering accounting Monday of the widespread damage the coronavirus pandemic has dealt their industry and asked him to adjust a loan program for small businesses to address their concerns. The president...
May 18, 2020 | Finance
TikTok, the popular short-video app that has also drawn national-security and privacy concerns, has a new high-profile CEO from Disney, Kevin Mayer.Mayer will also be chief operating officer of TikTok’s Chinese parent company, ByteDance, and report to its...
May 18, 2020 | Finance
CANBERRA, Australia (AP) — Australia on Tuesday welcomed international support for an independent coronavirus pandemic investigation as China ratcheted up a bilateral trade rift by placing tariffs on Australian barley.The World Health Organization bowed to calls...
May 18, 2020 | Finance
NEW YORK (AP) — J.C. Penney will permanently close nearly 30% of its 846 stores as part of a restructuring under bankruptcy protection. The Plano, Texas, retailer said Monday that it plans to close about 192 stores by February 2021, and then 50 additional stores in...
May 18, 2020 | Finance
SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom announced a dramatic relaxation Monday of health standards to reopen the state, a move that could allow nearly every county to proceed more quickly, and he offered the possibility of pro sports returning — without fans — by...
