Finance

Shares in cruise line operators and airlines are helping drive the rebound in the broader stock market March 10, 2020, 8:23 PM 3 min read NEW YORK — The Latest on the financial markets (all times local): 4:10 p.m. Shares in cruise line operators and airlines are helping drive the rebound in the broader stock […]

Walmart is enacting an emergency leave policy for its 1.4 million hourly U.S. workers that allowing them to take time off without penalty if they fear the spread of a new virus By ANNE D’INNOCENZIO AP Retail Writer March 10, 2020, 6:32 PM 2 min read NEW YORK — Walmart is enacting an emergency leave

Furloughs. Sick leave. Working from home. You could experience any of these measures as businesses try to prevent their employees from being exposed to the coronavirus outbreak that health officials warn is almost inevitable in the United States. Some companies have already taken precautions like limiting travel to affected countries or big international conferences. Others

WASHINGTON — President Trump and his advisers are considering using the Federal Emergency Management Agency as a vehicle to deliver funds to stimulate the economy against mounting damage from the coronavirus, a move that could allow the administration to begin bolstering growth without waiting for Congress. The idea is one of many options under consideration

BEIJING — The Latest on the coronavirus outbreak sweeping the globe (all times local): 11:35 p.m. UNESCO says the coronavirus outbreak has interrupted schooling for nearly 363 million students worldwide and is urging nations to work harder to make sure affected students are still learning. The U.N. education agency has set up an emergency group

NEW YORK — Stocks are surging on Wall Street following the market’s worst day since the financial crisis of 2008. The Dow jumped nearly 800 points, or 3.3%, making up less than half of its plunge from the day before. Overseas markets were also higher. The price of oil also bounced back 8% after cratering

It’s hard to sit tight during uncertain times. But when it comes to long-term investing, it’s the best time to do just that. U.S. stock markets have plunged due to a combination of falling oil prices and worsening coronavirus fears. The rout on Monday knocked 7.6% off the S&P 500 index, which is now down

BEIJING — Global stock markets rebounded Tuesday from record-setting declines after President Donald Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak. Oil prices also recovered some of their losses in Monday’s record-setting plunge. London opened 1.8% higher and Frankfurt advanced 1%.

LONDON — A barber in Beijing is supporting his wife and child by charging food and other expenses to a credit card while he waits for his employer’s shop to reopen. A waiter at a barbecue restaurant in Kansas City, Missouri, washes his hands more often and hopes for the best. A parcel delivery driver

British supermarket chain Tesco says it has agreed to a $10.6 billion deal to sell all its stores in Thailand and Malaysia to companies belonging to the CP Group, Thailand’s biggest conglomerate March 9, 2020, 2:26 PM 3 min read BANGKOK — British supermarket chain Tesco has agreed to a $10.6 billion deal to sell