Latest Business News

Workers wearing protective gear disinfect as a precaution against the new coronavirus in a class at a high school in Busan, South Korea, Saturday, May 30, 2020. (Jo Jung-ho/Yonhap via AP)

The Latest: High schoolers return in Palestinian territories

May. 30, 2020 5:50 AM EDT

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: — Students return to high schools in the Palestinian...

Aircrafts of the German airline Lufthansa are parked at the airport in Munich, Germany, Tuesday, May 26, 2020. Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. (AP Photo/Matthias Schrader)

$10 billion bailout for Germany's Lufthansa passes hurdle

May. 30, 2020 4:50 AM EDT

BERLIN (AP) — German flagship airline Lufthansa agreed Saturday to a compromise worked out between the government and the European Union, overcoming a major hurdle toward final approval of a 9 billion-euro ($10 billion) bailout from Berlin. Lufthansa said in a statement it had agreed to the compromise...

President Donald Trump speaks in the Rose Garden of the White House, Friday, May 29, 2020, in Washington. (AP Photo/Alex Brandon)

Trump strikes China over virus, Hong Kong and student visas

May. 30, 2020 2:25 AM EDT

WASHINGTON (AP) — President Donald Trump has announced that he would withdraw funding from the World Health Organization, end Hong Kong’s special trade status and suspend visas of Chinese graduate students suspected of conducting research on behalf of their government, escalating tensions with China...

A pupil wearing a face mask to help protect against the spread of the new coronavirus holds his mother's hand through a fence as he arrives at the Ochi Elementary School in Gwangju, South Korea, Friday, May 29, 2020. (Park Chul-hong/Yonhap via AP)

Asia Today: India's caseload surges again; 39 sick in SKorea

May. 30, 2020 2:08 AM EDT

NEW DELHI (AP) — India on Saturday registered another record single-day jump of 7,964 coronavirus cases and 265 deaths, a day before the 2-month-old lockdown is set to end. The Health Ministry put the total number of confirmed cases at 173,763 with 4,971 deaths. The infections include 82,369 people who...

A woman passes a fence outside Brooklyn's Green-Wood Cemetery adorned with tributes to victims of COVID-19, Thursday, May 28, 2020, in New York. The memorial is part of the Naming the Lost project which attempts to humanize the victims who are often just listed as statistics. (AP Photo/Mark Lennihan)

The Latest: 400 German managers, workers returning to China

May. 29, 2020 10:43 PM EDT

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: — Two United Nations peacekeepers serving in Mali have died...

President Donald Trump holds up a copy of the New York Post as he speaks before signing an executive order aimed at curbing protections for social media giants, in the Oval Office of the White House, Thursday, May 28, 2020, in Washington. (AP Photo/Evan Vucci)

Twitter and Trump: A feud years in the making finally erupts

May. 29, 2020 10:19 PM EDT

On one side of this fraught moment: the president of the United States, facing multiple crises less than six months before the election. On the other: Twitter, the social media giant, which has grappled for years with how to handle its most prominent — and divisive — user. Caught in the middle:...

Police move through an area during demonstrations Thursday, May 28, 2020, in St. Paul, Minn. Protests over the death of George Floyd, the black man who died in police custody broke out in Minneapolis for a third straight night. (AP Photo/Julio Cortez)

Minnesota governor apologizes for arrest of CNN crew

May. 29, 2020 9:57 PM EDT

NEW YORK (AP) — Following the arrest of a CNN crew on live television by police on Friday, an apologetic Minnesota Gov. Tim Walz promised that journalists would not be interfered with in reporting on violent protests following the death of George Floyd. CNN correspondent Omar Jimenez and two colleagues...

FILE - In this May 6, 2019, file photo, Kylie Jenner attends The Metropolitan Museum of Art's Costume Institute benefit gala in New York. Forbes magazine, which once declared Jenner a billionaire on its cover, says she no longer deserves the title if she ever did, but Jenner is pushing back. Forbes said in a story posted Friday that an examination of financial filings after the reality star and beauty mogul sold 51% of her company Kylie Cosmetics to Coty in a January deal valued at $1.2 billion reveal that Jenner’s worth was inflated. (Photo by Charles Sykes/Invision/AP, File)

Kylie Jenner, Forbes spar over story on billionaire status

May. 29, 2020 9:49 PM EDT

LOS ANGELES (AP) — Forbes magazine, which once declared Kylie Jenner a billionaire on its cover, says she no longer deserves the title, but Jenner is pushing back. Forbes said in a story posted Friday that an examination of financial filings after the reality star and beauty mogul sold a majority share...

A passenger waits to check his luggage at Belgrade Nikola Tesla Airport, Serbia, Thursday, May 21, 2020. Serbia's national carrier Air Serbia has resumed commercial flights as the government eased the lockdown against the new coronavirus. Crisis authorities have said the situation in the country has stabilized despite virus clusters in the southern area. (AP Photo/Darko Vojinovic)

Nations ease more restrictions, air travel opening up more

May. 29, 2020 9:00 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ BY LAND AND BY SEA: Passenger traffic has resumed at the main...

John Price and Bijan Black have lunch with their son Parker Price, 2, all of Seat Pleasant, Md., at the Wharf area in Washington, Friday, May 29, 2020. This was their first time venturing out since the coronavirus pandemic started. (AP Photo/Susan Walsh)

Trump takes aim at WHO as US economic outlook worsens

May. 29, 2020 8:52 PM EDT

WASHINGTON (AP) — With new U.S. economic numbers highlighting the rough road ahead for a hoped-for rebound, President Donald Trump on Friday took aim at the World Health Organization and China, blaming both for their roles in the pandemic's devastation. Trump announced that the United States will end its...