Finance

ROME — Italy’s death toll from the coronavirus outbreak eclipsed China’s on Thursday as the scourge extended its march across the West, where the United States and other countries increasingly enlisted the military and improvised at every turn to get ready for an onslaught of patients. In the U.S., the Army prepared mobile military hospitals […]

Stocks that moved heavily or traded substantially Thursday:  March 19, 2020, 8:21 PM 1 min read NEW YORK — Stocks that moved heavily or traded substantially on Thursday: Accenture PLC, up $7.35 to $158.50. The consulting company beat Wall Street’s fiscal second-quarter earnings and revenue forecasts. Guess Inc., up $4.88 to $8.80. The clothing and

Help is on the way. A stimulus bill that President Trump signed into law on Wednesday provides $1 billion in emergency grants to states for unemployment insurance, and fully half could be immediately used to strengthen staffing, technology and other administrative costs. The need is urgent. In Colorado, the number of unemployment benefit claims went

WASHINGTON — Just a couple of weeks ago, Erika Vega hoped her temp job at a cafeteria would soon become permanent. But instead, the viral outbreak shut down the building where she worked and left her wondering where her next paycheck will come from. Like millions of Americans and people around the world, the viral

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 outbreak, the efforts

WASHINGTON — The Federal Reserve said it would extend currency swap lines to nine additional countries, an attempt to keep dollars flowing to banks around the world as the coronavirus disrupts every aspect of business, creating a cash crunch in many nations. The Fed opened currency swap lines with central banks in Singapore, South Korea,

WASHINGTON — The first federal checks to families could be $3,000 for a family of four under the White House proposal to unleash $1 trillion to shore up households and the U.S. economy amid the coronavirus outbreak. Treasury Secretary Steven Mnuchin said Thursday that the “checks in the mail” would be direct deposited into people’s

TOP OF THE HOUR: — EU chief Brexit negotiator Michel Barnier has tested positive for coronavirus. — Cruise carrying 1,400 people docks in French port city of Marseille. — Italy is on track to surpass China in the number of coronavirus-related deaths. — The coronavirus pandemic has infected 219,000 people and killed more than 8,900.

DUBAI, United Arab Emirates — Seven Middle Eastern countries have suspended all commercial flights due to a fast-spreading new virus as the aviation industry’s largest trade association announced Thursday that airlines in the region have already lost more than $7 billion in revenue. The International Air Transport Association, which represents around 290 airlines worldwide, said

A week ago, the big question in Washington was: Which industries will be bailed out of their losses because of coronavirus? This week, the question is: Which industries won’t? With stunning speed, it has become clear that many mainstays of American industry are facing potentially existential risks from their looming financial losses, and that Congress