May 18, 2020 | Finance
PROVIDENCE, R.I. (AP) — Harnessing today’s technology to the task of fighting the coronavirus pandemic is turning out to be more complicated than it first appeared.The first U.S. states that rolled out smartphone apps for tracing the contacts of COVID-19...
May 18, 2020 | Finance
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to national and global response, the work place and the spread of the virus.________________________DAY AFTER: States are trying...
May 18, 2020 | Finance
COPENHAGEN, Denmark (AP) — European airlines are planning for a return to the skies this summer after being grounded almost completely for weeks over the coronavirus pandemic.The outlook, however, remains uncertain, with companies forecasting a slow recovery even next...
May 18, 2020 | Finance
TOKYO (AP) — Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments including troubled office space-sharing venture WeWork.SoftBank,...
May 18, 2020 | Finance
The stock market bounced back from its worst week in nearly two months Monday as optimism about a potential vaccine for the coronavirus and hopes for a U.S. economic recovery in the second half of the year put investors in a buying mood.The S&P 500 climbed 3.2%,...
May 17, 2020 | Finance
TOKYO (AP) — Japan’s economic growth plunged into recession in the first quarter as the coronavirus pandemic squelched production, exports and spending, and fears are growing that worse times may lie ahead.The Cabinet Office reported Monday a 3.4% drop in the...
