Finance

NEW YORK — Some Instacart and Amazon warehouse workers walked off the job Monday demanding greater safeguards against the coronavirus, even as both companies are speed-hiring hundreds of thousands of new workers to handle a surge in delivery orders. The one-day strikes had little impact on consumers, but the unrest called attention to mounting discontent […]

Macy’s says it will temporarily stop paying tens of thousands of employees who were thrown out of work when the chain closed its stores in response to collapsing sales during the pandemic By ANNE D’INNOCENZIO AP Retail Writer March 30, 2020, 6:57 PM 4 min read 4 min read Share to FacebookShare to TwitterEmail this

German airline Lufthansa is putting 27,000 of its 35,000 employees on short hours under a government support program that will ensure they get most of their pay while the virus outbreak reduces air traffic March 30, 2020, 5:51 PM 2 min read FRANKFURT, Germany — German airline Lufthansa is putting 27,000 of its 35,000 employees

DETROIT — Twelve days ago, General Motors put hundreds of workers on an urgent project to build breathing machines as hospitals and governors pleaded for more in response to the coronavirus pandemic. But President Donald Trump, claiming the company wasn’t moving fast enough, on Friday invoked the Defense Production Act, which gives the government broad

Local organizers of Dubai’s Expo 2020 have recommended postponing til next year the event over the new coronavirus pandemic By JON GAMBRELL Associated Press March 30, 2020, 1:57 PM 3 min read 3 min read Share to FacebookShare to TwitterEmail this article DUBAI, United Arab Emirates — Dubai’s Expo 2020 should be postponed to next

World shares are largely lower as countries report surging numbers of infections from the coronavirus pandemic, forcing shutdowns of travel and businesses By ELAINE KURTENBACH AP Business Writer March 30, 2020, 11:32 AM 4 min read 4 min read Share to FacebookShare to TwitterEmail this article BANGKOK — World markets started the week with more

Bangladesh garment manufacturers say fashion retailers have cancelled or put on hold more than $3 billion in orders due to the coronavirus outbreak By JULHAS ALAM Associated Press March 30, 2020, 8:59 AM 3 min read 3 min read Share to FacebookShare to TwitterEmail this article DHAKA, Bangladesh — Bangladesh garment manufacturers says fashion retailers

Freedom Mortgage, one of the nation’s largest mortgage lenders, is looking for additional financing as millions of homeowners are expected to stop making mortgage payments. The Cheesecake Factory said this past week it wouldn’t be able to make rent payments on its leases because of lost business. And giant companies from Kraft Heinz to Ford

Shopkeepers in the city at the center of China’s virus outbreak are reopening but customers are scarce as authorities lift more of the anti-virus controls that kept tens of millions of people at home for two months March 30, 2020, 7:13 AM 3 min read 3 min read Share to FacebookShare to TwitterEmail this article

WASHINGTON — For weeks, President Donald Trump carved out a trail of groundless assurances about the coronavirus pandemic as health officials, governors and local officials sounded alarm about what was coming — and already here. That sunlit trail now has hit a wall. On Sunday, Trump appeared to be bracing the country for a grim