Business News

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."

A guide to surviving financially as the bills…

The coronavirus has already dealt a financial blow to millions of Americans dealing with layoffs, furloughs or reduced hours

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.

Ex-wildlife chief: Trump rule could kill billions…

The Trump administration is moving to scale back criminal enforcement of a century-old law protecting most American wild bird species

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Singapore Airlines To Slash Operations Amid…

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

Those without broadband struggle in a…

The shutdowns of schools, workplaces and public institutions in the wake of the coronavirus pandemic is exacerbating the problems of the millions of people in the U.S. who can't easily get online

Viral virus briefing: Where science meets all…

You could say the White House virus briefings have gone viral

Booze buying surges; senators push airlines for…

One way Americans are coping with the new coronavirus

Treasury wants airlines to say how they will pay…

The Treasury Department says airlines that want financial help during the coronavirus outbreak need to say how they will compensate the government for grants used to meet payroll

Amazon fires warehouse worker who staged walkout

Amazon has fired a worker who organized a walkout at a New York warehouse to demand greater protection against the new coronavirus

Poland to seek $1.5 billion from Russia's Gazprom

Poland's state gas company says it will seek $1.5 billion from Russia's Gazprom after an international arbitration court in Stockholm said Gazprom was overcharging Poland

Virus slump expected to rival big recessions in…

The coronavirus-related recessions around the world are going to be bad

Disputed Canada-US oil pipeline work to start in…

A Canadian company says it plans to start construction of the disputed Keystone XL oil sands pipeline running from Canada through the U.S. Midwest in April

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Wuhan's favorite noodles are back as virus-hit…

The reappearance of Wuhan's favorite noodles is a tasty sign that life is slowly returning to normal in the Chinese city at the epicenter of the global coronavirus outbreak

US consumer confidence sinks as virus begins…

U.S. consumer confidence tumbled in March to the lowest level in nearly three years as the impact of the coronavirus began to be felt

Fed steps in once again to try to smooth out…

The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by lending dollars to other central banks in exchange for Treasurys

US home prices rose at 3.1% annually in January

U.S. home price growth was showing signs of acceleration in January, a sign of the solid demand that existed before the coronavirus outbreak caused millions of job losses and tossed the U.S. economy into a likely recession

New online store offers help to shuttered indie…

With independent bookstores shut down nationwide, a new online seller is offering help

US outlines plan for Venezuela transition…

The Trump administration is prepared to lift crippling sanctions on Venezuela in support of a new proposal to form a transitional government requiring both Nicolas Maduro and opposition leader Juan Guaidó to step aside in favor of a five-person governing council, U.S. officials said

EU launches new naval mission to police Libya…

The European Union is launching a new naval mission to help enforce the U.N. arms embargo on Libya

Could do better: Japan gently chided by UN…

The top United Nations climate official has chided Japan over its new plan to reduce greenhouse gas emissions

Inflation in Europe sags amid outbreak, oil price…

Inflation is way down in the countries that use the euro

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Europe's trade system with Iran finally makes first deal

European countries trying to keep Iran's nuclear deal with world powers alive said Tuesday that a system they set up to enable trade with Tehran has finally concluded its first transaction, facilitating the export of medical goods

Ukraine approves legislation in a bid for IMF aid

Ukraine's parliament has voted to lift the ban on the sale of farmland in a move that will allow the country to get $8 billion worth of aid from the International Monetary Fund

China's Huawei warns more US pressure may spur…

Huawei’s chairman has warned possible additional U.S. moves to increase pressure on the Chinese tech giant might trigger retaliation by Beijing that could damage its worldwide industry