Business

Asian shares rise on hopes for drug to treat coronavirus

  • Apr 30, 2020

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 Street powerful enough to override data showing the U.S. economy had logged its worst quarterly performance since 2009. Japan’s benchmark Nikkei 2

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Wall Street’s rally carries into 3rd day as economies reopen

  • Apr 28, 2020

Stocks are pumping higher in early trading on Wall Street Tuesday, and the S&P 500 is cruising toward its first three-day winning streak in a month. European stocks were also strong, as markets turned higher following a mixed Asian performance. The price of U.S. oil remained wild, though, and it swung th

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New Zealand tames virus; France, Spain reveal lockdown exits

  • Apr 28, 2020

PARIS  — France and Spain, two of the worst-hit countries in the coronavirus pandemic, were laying out separate roadmaps Tuesday for lifting their lockdowns, while signs emerged that the virus has been all but vanquished in New Zealand and Australia. But on the other side of the globe, Brazil

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How some companies survive, even thrive, in viral crisis

  • Apr 28, 2020

WASHINGTON  — When the coronavirus struck the United States hard last month, 22-year-old entrepreneur David Zamarin knew his company needed a Plan B — fast. As the economy essentially shut down, demand for his stain-resistant coatings was sure to drop. So Zamarin decided to retool his compan

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Montana governor to start easing restrictions next week

  • Apr 18, 2020

HELENA, Mont.  — Montana Gov. Steve Bullock said Friday he plans to begin a phased re-opening the state’s economy after April 24, when the current stay-at-home directives expire, but he didn’t provide specifics about what that means. Details about plans to begin easing restrictions tha

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Watchdog panels slowly take shape over $2T in virus cash

  • Apr 18, 2020

WASHINGTON  — Congressional oversight of about $2 trillion for the coronavirus crisis began to take shape Friday as three members were appointed to a congressional commission that will monitor how the money is spent. Sen. Pat Toomey, R-Penn. and Reps. French Hill, R-Ark., and Donna Shalala, D-Fla.

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Mills to put health first as Maine plans economic reopening

  • Apr 18, 2020

PORTLAND, Maine  — The state is planning a phased-in reopening of the economy, but decisions will be driven “first and foremost by the need to protect the public health,” Gov. Janet Mills said Friday. Mills said she wants to be sure that the state doesn’t act too swiftly and caus

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UN urges governments to tackle recession, scrap debt payment

  • Apr 10, 2020

UNITED NATIONS  — More than 60 U.N. agencies and international organizations urged governments on Thursday to take immediate steps to address the unfolding global recession and financial crisis wrought by the coronavirus pandemic, especially in the world’s poorest countries. The U.N.-led Int

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Global shares rise on optimism over progress in virus battle

  • Apr 07, 2020

TOKYO  — Global shares rose Tuesday, fueled by hopes the peak of the coronavirus pandemic surge may come soon. France’s CAC 40 rose nearly 4.0% to 4,518.21 in early trading, while Germany’s DAX jumped 4.5% to 10,530.95. Britain’s FTSE 100 added 2.6% to 5,728.94. U.S. shar

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