Business News

More Than 5 Million Customers Affected In Latest…

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

UN: Pandemic could shrink global economy almost 1…

The United Nations says the global economy could shrink almost 1% this year due to the new coronavirus, a sharp reversal from the pre-pandemic forecast of 2.5% growth

Carnival Corp. Seeking Billions To Handle…

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

FDA hasn't authorized a two-minute test for coronavirus

A California company falsely claimed cargo planes were ready to ship millions of blood tests that could detect the new coronavirus in just two minutes and had won emergency authorization from the federal government

AdChoices Icon

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."

West Virginia governor's coal companies to pay…

Billionaire West Virginia Gov. Jim Justice's coal companies have agreed to pay more than $5 million for thousands of mine safety violations,

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.

Gun background checks smash records amid…

Gun background checks have spiked to record numbers in the past month amid concerns about safety during the coronavirus crisis

Singapore Airlines To Slash Operations Amid…

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

Apply here: How to spend $2.2 trillion — and…

President Donald Trump hopes to shovel $2.2 trillion into the U.S. economy over the coming weeks to try to cushion its free fall

Unemployment To Hit 30% Because Of Coronavirus…

James Bullard told Bloomberg News the second quarter will likely see a 50% drop in gross domestic product as well.

Closing prices for crude oil, gold and other commodities

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

Nikki Haley Resigns From Boeing's Board Of…

The former U.S. ambassador to the U.N. resigned over the company's request for government aid in response to the coronavirus pandemic.

AdChoices Icon

Stryker, Children's Place fall

Stocks that moved heavily or traded substantially on Wednesday: Stryker, Children's Place fall

Unemployment Claims Rise Amid Outbreak

As coronavirus outbreak triggers layoffs, unemployment claims are on the rise.

U.S. Automakers Willing To Produce Ventilators At…

Ventilators, which help patients breathe, are being used by hospitals to treat some of the more severe coronavirus cases.

Judge dismisses pharmacies' lawsuit against physicians

A federal judge in Cleveland has dismissed an effort by pharmacy chains to shift their liability for the opioid crisis to unnamed Ohio physicians and practitioners who wrote the painkiller prescriptions pharmacists filled

New York Stock Exchange To Close Floor, Shift To…

​The NYSE's president said two people tested positive for the coronavirus but that the building has been cleaned since they were last inside.

Some employers to laid-off staffers: Let's stay…

As job cuts tear through the U.S. economy, a faint glimmer of light has emerged: Hoping that a recession will prove brief, some employers are trying to maintain ties to the staffers they're letting go so they could quickly rehire them once the viral outbreak has passed

Big Three Automakers Agree To Halt Production…

Ford, Fiat Chrysler and General Motors will stop production in North America.

Mercedes has worst Takata air bag recall…

Mercedes is the laggard when it comes to recalling dangerous Takata air bag inflators

AdChoices Icon

Federal Reserve Activates Economic Safeguards…

The Fed is using two emergency lending programs to help keep credit flowing.

WarnerMedia names former Hulu chief Jason Kilar…

Jason Kilar, the founding chief executive of Hulu and a former Amazon senior vice president, has been named CEO of WarnerMedia, the company announced Wednesday

Union Urges 3 Major Automakers To Halt Production…

The United Auto Workers union is urging Ford, Fiat Chrysler and General Motors to pause production in Detroit for two weeks.