Business News

More Than 5 Million Customers Affected In Latest…

The hotel chain says a system containing guests' names and personal information was accessed.

US service sectors slows in March

US service sector slows in March to index reading of 52.5 with bigger virus-related declines ahead

Virus cost may top $4 trillion; French car…

The pandemic will cost the global economy as much as $4.1 trillion, or nearly 5% of all economic activity

Carnival Corp. Seeking Billions To Handle…

The coronavirus has forced many cruise lines, including ones owned by Carnival Corporation, to suspend operations.

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With parks closed, Disney starts furloughs in 2…

Walt Disney Co. officials announced they'll start furloughing some workers in two weeks at its theme parks resorts in Florida and California

American Airlines Says It Will Seek $12B In…

Airline executives said the government assistance "will allow us to fly through even the worst of potential future scenarios."

Jobs report Friday is expected to end record…

After a record 113 straight months of hiring, the government’s monthly jobs report Friday is expected to show that the American jobs machine came to a sudden halt in March as a result of the coronavirus

Crocs Donating Shoes To Health Care Workers Amid…

​Health workers across the U.S. can request a free pair of the company's shoes through its website.

Small biz rescue off to spotty start; some banks…

The federal government’s relief program for small businesses is off to a bumpy start, with few businesses able to apply and some big banks saying they’re not ready to process applications

Singapore Airlines To Slash Operations Amid…

​The company said it will reduce capacity by 96% due to recent global border restrictions.

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Vendors return in Wuhan as China prepares virus…

Sidewalk vegetable markets are reopening in the Chinese city where the coronavirus pandemic began as residents prepare for a weekend memorial for health workers and others who died in the outbreak

Drop in sales mean Powerball jackpots will get…

Look for Powerball jackpots to get even smaller as the new coronavirus keeps more people at home, not out buying lottery tickets

Brokerage worker loses paternity leave appeal in Japan

A Japanese court has rejected a request by a former brokerage manager to get his job back after he took paternity leave at Mitsubishi UFJ Morgan Stanley

Tesla's 1Q car sales surged before pandemic shut…

Tesla's sales of its increasingly popular electric cars got off to fast start this year

Local newspapers are facing their own coronavirus…

Just when Americans need it most, a U.S. newspaper industry already under stress is facing an unprecedented new challenge

You've just lost your job? Here's what you need…

Nearly 10 million Americans have lost their jobs and applied for unemployment benefits in the past two weeks — a stunning record high that reflects the near-complete shutdown of the U.S. economy

The Latest: UN: 11 countries considering global…

United Nations Secretary-General Antonio Guterres says warring parties in 11 countries have responded positively to his appeal for a global cease-fire to tackle the coronavirus pandemic

World Bank OKs first $1.9B for poor countries…

The World Bank has approved its first funds to help some of the globe’s poorer countries combat the coronavirus outbreak

'Surreal': NY funeral homes struggle as virus…

Many funeral homes in New York and around the globe are in crisis as they try to meet surging demand amid the coronavirus pandemic

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US allowing longer shifts at nuclear plants in…

U.S. nuclear plants will be allowed to keep workers on longer shifts to deal with staffing problems in the coronavirus pandemic

100,000 tourists stuck in New Zealand to leave as rules ease

About 100,000 tourists stuck in New Zealand since it started a coronavirus lockdown last week are starting to fly home

Memo: Some in US may not get stimulus checks…

The federal government is sending financial help to millions, but the timing of those payments may vary