Latest Business confidence News

Business Fallout: Airlines lobby for funds, Domino's hiring

Mar. 19, 2020 9:44 PM EDT

It was less than 11 weeks ago that the first cases of pneumonia were detected in Wuhan, China. The speed at which what would soon be named COVID-19, the disease caused by the new coronavirus, knocked the global economy askew is unparalleled in our lifetimes. Following are developments Thursday related to the...

Workers wearing protective gears spray disinfectant as a precaution against the new coronavirus at a subway station in Seoul, South Korea, Friday, Feb. 28, 2020. Japan's schools prepared to close for almost a month and entertainers, topped by K-pop superstars BTS, canceled events as a virus epidemic extended its spread through Asia into Europe and on Friday, into sub-Saharan Africa. (AP Photo/Ahn Young-joon)

Outbreak starts to look more like worldwide economic crisis

Feb. 28, 2020 9:34 PM EST

NEW YORK (AP) — The coronavirus outbreak began to look more like a worldwide economic crisis Friday as anxiety about the infection emptied shops and amusement parks, canceled events, cut trade and travel and dragged already slumping financial markets even lower. More employers told their workers to stay...

Retail group sees solid sales growth this year

Feb. 26, 2020 12:15 PM EST

NEW YORK (AP) — The nation's largest retail trade group forecasts that retail sales should grow between 3.5% and 4.1% to more than $3.9 trillion this year despite uncertainty from the lingering trade war, the new virus and the presidential election. The forecast from the National Retail Federation,...

The sun rises behind the buildings of the banking district in Frankfurt, Germany, on a cold Saturday, Feb. 8, 2020. (AP Photo/Michael Probst)

German business confidence ticks up but virus impact looms

Feb. 24, 2020 6:44 AM EST

FRANKFURT, Germany (AP) — A key indicator of German business optimism unexpectedly ticked up in February despite concerns about how the spread of the coronavirus might affect the economy through key trade partner China. The Ifo institute index crept up to 96.1 points from 96.0 in January, the third...