Business News

Some Auto Insurers Are Issuing Refunds Due To A…

Combined, Allstate and American Family Insurance say they're refunding customers roughly $800 million in monthly premiums.

Japan declares state of emergency, ramping up…

Japan’s Prime Minister Shinzo Abe has declared a state of emergency for Tokyo and six other prefectures to ramp up defenses against the spread of the coronavirus

Boeing Extending Production Shutdown, Will Stop…

The company said in an email it would not reopen as planned Wednesday and instead shut down indefinitely.

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More Than 5 Million Customers Affected In Latest…

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

The Latest: Denmark looks to begin gradual ease…

Denmark says it is planning to reopen next week kindergartners and primary schools for pupils aged up to 11 in a gradual lifting of the country’s coronavirus lockdown

Businesses wait for word, money after applying…

Small business owners hoping for quick loans from the government were in a holding pattern _ waiting on their bank to either take their application or, if it did, send them the money

Carnival Corp. Seeking Billions To Handle…

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

165 VIPs urge 20 economic powers for billions…

Dozens of current and former global leaders and other VIPs are urging the world’s 20 major industrialized nations to approve $8 billion in emergency global health funding to speed the search for a vaccine, cure and treatment for COVID-19

After virus fades, service industries may be…

The coronavirus crisis is upending service businesses, and the crisis may permanently change the way Americans work, shop and socialize, even after the disease fades away

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."

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US judge won't block gun store closures in Los Angeles

A federal judge is refusing to block Los Angeles officials from shutting down gun stores as nonessential businesses during the coronavirus pandemic

NFL going with virtual format for upcoming draft

The NFL draft will be conducted in a virtual format, with team personnel working from their homes

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.

How major US stock indexes fared Monday

Stocks closed broadly higher on Wall Street Monday, propelling major indexes up more than 7%, as traders cheered glimmers of hope that the deadliness of the coronavirus outbreak could be slowing in some of the hardest-hit areas

Virus puts event planning industry on brink of…

The events industry, which exists to bring people together, has been hit particularly hard by fallout from the coronavirus

Singapore Airlines To Slash Operations Amid…

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

Market tumult threatens PG&E deal with wildfire…

Lawyers who negotiated a crucial $13.5 billion deal for the victims of deadly wildfires caused by Pacific Gas & Electric equipment are expressing serious doubts about whether the nation’s largest utility will be able to pay the full amount as the economy sinks toward a recession

Federal Reserve to boost small business lending…

The Federal Reserve says it will support the government’s $349 billion small business lending program, which had a rocky start Friday

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

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Work starts in Montana on disputed Canada-US oil…

A Canadian company has started construction on the long-stalled Keystone XL oil sands pipeline despite calls from tribal leaders and environmentalists to delay the $8 billion project amid the coronavirus pandemic

Wayfair, Carnival rise on Wall Street; Zoom, Peloton fall

Stocks that moved heavily or traded substantially on Monday: Wayfair, Carnival rise; Zoom, Peloton fall 

Cracks in Europe's shared currency reappear in…

The virus outbreak is exposing longstanding cracks in the euro, Europe's two-decade old project to share a currency