Latest Business News
Asia Today: More Australians in class, Tokyo measure to ease
BANGKOK (AP) — Students in two more Australian states returned to school full-time Monday as numbers of COVID-19 patients in hospitals across the country fall. New South Wales and Queensland states joined the less populous Western Australia and South Australia states and the Northern Territory in resuming...
Officials: 2 church services sources of virus outbreaks
LOS ANGELES (AP) — As Gov. Gavin Newsom prepares to release plans for how religious institutions can reopen in California during the coronavirus pandemic, health officials announced that two church services that were held without authorization have been sources of outbreaks. Mendocino County public health...
This Week: New home sales, US GDP, consumer spending
A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BELLWETHER The economic fallout from the coronavirus pandemic has spared few areas of the economy, and the market for newly built homes is no exception. Sales of new U.S. homes plunged 15.4% in March to a...
The Latest: Japan set to end Tokyo's state of emergency
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Japan set to remove state of emergency from Tokyo, 4 other...
1st deadlines for laid-off workers to get health insurance
WASHINGTON (AP) — Many laid-off workers who lost health insurance in the coronavirus shutdown soon face the first deadlines to qualify for fallback coverage under the Affordable Care Act. Taxpayer-subsidized health insurance is available for a modest cost — sometimes even free — across the...
Asian shares climb, Tokyo gains on hopes for reopening
TOKYO (AP) — Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after police used tear gas to quell weekend protests over a proposed national security bill for the former...
CEO buying struggling New Zealand media company for $1
WELLINGTON, New Zealand (AP) — One of New Zealand's largest media organizations is being sold for a single dollar to its chief executive, the owners announced Monday. The organization Stuff prints many of the nation’s daily newspapers and runs a popular news website of the same name. It employs...
Warehouse fire devastates San Francisco's fishing industry
SAN FRANCISCO (AP) — A huge fire that tore through a warehouse on San Francisco's Fisherman's Wharf has destroyed fishing gear used to deliver about two-thirds of the city's fresh seafood, threatening to disrupt the upcoming Dungeness crab season, local fishermen said Sunday. The fire erupted before dawn...
Memorial Day weekend draws crowds and triggers warnings
ST. PETERSBURG, Fla. (AP) — The Memorial Day weekend marking the unofficial start of summer in the U.S. meant big crowds at beaches and warnings from authorities Sunday about people disregarding the coronavirus social-distancing rules and risking a resurgence of the scourge that has killed nearly 100,000...
SpaceX's 1st astronaut launch breaking new ground for style
CAPE CANAVERAL, Fla. (AP) — The first astronauts launched by SpaceX are breaking new ground for style with hip spacesuits, gull-wing Teslas and a sleek rocketship — all of it white with black trim. The color coordinating is thanks to Elon Musk, the driving force behind both SpaceX and Tesla, and a...
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