Finance

Saudi Aramco, the state-run oil giant, says its net income dropped by $22.9 billion to $88.2 billion in 2019 March 15, 2020, 7:20 AM 1 min read DUBAI, United Arab Emirates — Saudi Aramco, the state-run oil giant, says its net income dropped by $22.9 billion to $88.2 billion in 2019. The oil firm formally […]

Closing prices for crude oil, gold and other commodities, and foreign exchange levels March 13, 2020, 9:01 PM 1 min read Benchmark U.S. crude rose 23 cents to settle at $31.73 a barrel. Brent crude, the international standard, rose 63 cents to $33.85. Wholesale gasoline was little changed at 90 cents a gallon, heating oil

Delta Air Lines will cut passenger-carrying capacity by 40% to deal with a nosedive in travel demand, and it is talking to the White House and Congress about assistance to get through the downturn By DAVID KOENIG AP Airlines Writer March 13, 2020, 9:25 PM 4 min read Delta Air Lines will cut passenger-carrying capacity

Microsoft co-founder Bill Gates says he is stepping down from the company’s board to focus on philanthropy March 13, 2020, 10:24 PM 1 min read REDMOND, Wash. — Microsoft co-founder Bill Gates said Friday he is stepping down from the company’s board to focus on philanthropy. Gates was Microsoft’s CEO until 2000 and since then

President Donald Trump is tweeting that four major cruise ship companies have agreed to suspend trip from the U.S. for 30 days, effective at midnight March 13, 2020, 11:19 PM 3 min read WASHINGTON — President Donald Trump tweeted on Friday that four major cruise ship companies have agreed to suspend trips from the U.S.

AUSTIN, Texas — It took 15 minutes for the coronavirus to wreck Shelley Hutchings’ carefully calculated financial plans. Hutchings, a bartender and performer, had lined up gigs in advance of the South by Southwest film, music and technology festival, which draws hundreds of thousands of visitors to Austin each year. She’d expected to earn about

WASHINGTON — President Trump said on Saturday that he had the power to remove or demote Jerome H. Powell, the Federal Reserve chair, renewing a long-running threat against the central bank’s leader at a time when it could further roil volatile markets. Mr. Trump said in a news conference at the White House that ousting

Tech experts say the U.S. internet won’t have any trouble handling spikes in traffic from the millions of Americans who are now working from home to discourage the spread of the new coronavirus By FRANK BAJAK AP Technology Writer March 14, 2020, 5:31 PM 4 min read BOSTON — The U.S. internet won’t get overloaded

WASHINGTON — President Donald Trump announced Saturday that the United States will broaden its European travel ban, adding the United Kingdom and Ireland to its list, and was considering imposing restrictions on travel within the U.S. to areas hit hard by the coronavirus spread. Under the restrictions on European travel, American citizens, green card holders

WASHINGTON — Americans normally hear from President Donald Trump when he is opining on Twitter, riffing from a rally stage or otherwise improvising. This past week was different as he sat in the Oval Office with a script laid out for him to read on a matter grave enough for a prime-time address to the