Business. Page 29

McDonald’s says 25% of stores closed as 1Q sales fall

McDonald's says it has likely reached the trough of global restaurant closures due to COVID-19, with 25% still shuttered. But business has been slow t...
14:32 30 April 2020

30 million have sought US unemployment aid since virus hit

WASHINGTON — More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is...
12:43 30 April 2020

AP-NORC poll: Seeking virus data, people struggle with trust

WASHINGTON — When John Manley tested positive for COVID-19, his sister urged him to get on the malaria drug that she'd heard Fox News hosts plugging a...
10:02 30 April 2020

Europe’s employment aid keeps jobs from vanishing -- for now

PARIS — Christian Etchebest's Parisian bistro is a shadow of its usual bustling self. Five lunch specials sit in neat paper bags on the bar awaiting t...
9:58 30 April 2020

Joe Biden picks vetting team as he searches for running mate

WASHINGTON — Joe Biden announced Thursday the four co-chairs of his vice presidential vetting team, starting the search for his running mate in earnes...
9:31 30 April 2020

Outsiders consider possibility of chaos in North Korea

TOKYO — North Korea’s collapse has been predicted — wrongly— for decades.
8:41 30 April 2020

Trump erupts at campaign team as his poll numbers slide

WASHINGTON — President Donald Trump erupted at his top political advisers last week when they presented him with worrisome polling data that showed hi...
4:20 30 April 2020

Spoiler? Amash’s 3rd-party presidential bid raises concerns

WASHINGTON — Just as a jam-packed presidential field finally was whittled down to two, the first major third-party candidate is emerging to potentiall...
4:10 30 April 2020

Many Japanese defy appeals to stay home to curb virus

TOKYO — Under Japan’s coronavirus state of emergency, people have been asked to stay home. Many are not. Some still have to commute to their jobs desp...
3:34 30 April 2020

Asian shares rise on hopes for drug to treat coronavirus

TOKYO — Asian shares advanced on Thursday, riding a wave of optimism about a possible treatment for the coronavirus that set off a rally on Wall Stree...
3:15 30 April 2020

Knowledge about North Korea’s Kim is limited, but crucial

TOKYO — New rumors about Kim Jong Un pour in daily. The North Korean leader is dead. Or he’s very ill. Or maybe he’s just recuperating in his luxury c...
0:27 30 April 2020

Smallest businesses get a few hours at head of loan line

NEW YORK — The smallest companies seeking coronavirus relief loans were moving to the head of the line Wednesday after the Small Business Administrati...
23:40 29 April 2020

A 1st: US study finds Gilead drug works against coronavirus

For the first time, a major study suggests that an experimental drug works against the new coronavirus, and U.S. government officials said Wednesday t...
22:37 29 April 2020

McConnell open to state aid in next virus relief package

WASHINGTON — Shifting tone, Senate Majority Leader Mitch McConnell said Wednesday he is “open” to considering additional funds for state and local gov...
20:29 29 April 2020

Drug proves effective against virus as economic damage rises

Scientists on Wednesday announced the first effective treatment against the coronavirus — an experimental drug that can speed the recovery of COVID-19...
19:26 29 April 2020

New Navy carrier inquiry suggests tough scrutiny of admirals

WASHINGTON — The Navy is launching a wider investigation of the coronavirus crisis aboard the aircraft carrier USS Theodore Roosevelt, suggesting clos...
19:18 29 April 2020

Fed signals it will likely hold rates near zero for months

WASHINGTON — The Federal Reserve signaled Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of...
18:29 29 April 2020

Medicare applications raise anxiety for seniors in pandemic

WASHINGTON — At greater risk from COVID-19, some seniors now face added anxiety due to delays obtaining Medicare coverage.
4:20 29 April 2020

Rep. Amash exploring 2020 run for Libertarian nomination

WASHINGTON — Rep. Justin Amash of Michigan said Tuesday that he is launching an exploratory committee for the 2020 Libertarian Party's presidential no...
2:45 29 April 2020

Ford burns up billions of dollars in 1Q, posts $2B net loss

DETROIT — The coronavirus crisis is forcing Ford Motor Co. to burn through cash at an alarming rate, but its chief financial officer says there's enou...
0:15 29 April 2020

Coast Guard, Ripley Entertainment criticized in boat crash

LIBERTY, Mo. — A duck boat sinking on a Missouri Lake that killed 17 people two summers ago likely would not have happened if the U.S. Coast Guard had...
22:34 28 April 2020

Easing lockdowns makes day-to-day choices more complicated

Things were so much clearer when just about everything was locked down.
20:57 28 April 2020

Gov’t OKs $50B in small biz loans, banks complain of snags

NEW YORK — The government says it has approved an additional $50 billion in loans to small businesses, although banks are complaining that a bottlenec...
20:54 28 April 2020

Nearly 70 dead in ‘horrific’ outbreak at veterans’ home

Nearly 70 residents sickened with the coronavirus have died at a central Massachusetts home for aging veterans, as state and federal officials try to ...
19:53 28 April 2020

Development bank to allocate $15 bln to tackle virus fallout

MOSCOW — The New Development Bank will allocate up to $15 billion for loans to help the so-called BRICS nations - Brazil, Russia, India, China and Sou...
14:18 28 April 2020

Report: Biden accuser spoke to neighbor of alleged assault

WASHINGTON — An associate of a former Senate aide to Joe Biden says the woman told her about her allegations of sexual assault against Biden — now the...
12:27 28 April 2020

The US reopening is coming, but ‘normal’ is still a ways off

NEW YORK — Everyone wants to know: When, oh when, will it go back to normal?
7:06 28 April 2020

Russian doctors, nurses face more risks as virus cases grow

MOSCOW — A patient who had routine surgery at a hospital in St. Petersburg suddenly developed a fever after an operation. Doctors insisted on testing ...
6:38 28 April 2020

Federal inmates battle mixed messages on home confinement

WASHINGTON — She never thought her husband's punishment for selling drugs would be a death sentence. But as the new coronavirus rips through the U.S. ...
4:15 28 April 2020

Asia shares mixed, eyeing economies reopening, central banks

TOKYO — Asian shares are mixed Tuesday as governments inch toward letting businesses reopen and central banks step in to provide cash to economies.
3:11 28 April 2020