Finance

President Donald Trump’s son-in-law and adviser Jared Kushner has sold his stake in a company investing in Opportunity Zone projects offering tax breaks he had personally lobbied for in Washington By BERNARD CONDON Associated Press March 3, 2020, 1:15 AM 2 min read NEW YORK — President Donald Trump’s son-in-law and adviser Jared Kushner has […]

The Recording Academy says it has fired Deborah Dugan, its former president who questioned the integrity of the Grammy Awards nominations process and complained of sexual harassment and a toxic culture By ANDREW DALTON AP Entertainment Writer March 2, 2020, 11:00 PM 4 min read LOS ANGELES — The Recording Academy on Monday fired Deborah

In an industrial area west of Chicago’s O’Hare International Airport, more than 6,000 miles from China, Michael Smerling is steeling himself for a devastating blow from the coronavirus outbreak. Mr. Smerling makes knapsacks, travel pouches and outdoor gear for companies like Bed Bath & Beyond, Nordstrom Rack and Amazon. For now, the warehouse of his

Amtrak has named a former air cargo executive as its new chief operating officer March 2, 2020, 9:26 PM 2 min read Amtrak named a former air cargo executive as its new president and chief operating officer Monday. William Flynn will take over in mid-April. He will replace Richard Anderson, who has served as CEO

NEW YORK — Stocks rose sharply on Wall Street Monday, clawing back some of the losses they took in a seven-day rout brought on by worries that the coronavirus outbreak will stunt the global economy. The Dow Jones Industrial Average surged more than 700 points, while the benchmark S&P 500 climbed 2.3%, placing in on

SEOUL, South Korea — The coronavirus appeared for the first time in New York, Moscow and Berlin and clusters of the disease surged around the world, even as new cases in China dropped to their lowest level in six weeks Monday and hundreds of patients were released from hospitals at the epicenter of the outbreak.

BOSTON — Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru, has died. He was 84. His death was confirmed Monday by GE. The cause of death was renal failure, his wife Suzy told The New

HIV and hepatitis C drug maker Gilead Sciences is buying cancer treatment company Forty Seven in a deal valued at approximately $4.9 billion March 2, 2020, 1:08 PM 1 min read Gilead Sciences is buying the cancer treatment company Forty Seven in a deal valued at approximately $4.9 billion. Gilead, based in Foster City, California,

The coronavirus outbreak in northern Italy has so overwhelmed the public health system there that officials are taking extraordinary measures to care for the sick By NICOLE WINFIELD and COLLEEN BARRY Associated Press March 2, 2020, 11:27 AM 3 min read MILAN — The coronavirus outbreak in northern Italy has so overwhelmed the public health

A major multinational economic group cut its outlook for 2020 as coronavirus cases show up around the globe, suggesting that global growth could be cut in half if infections spread widely outside of China. The Organization for Economic Cooperation and Development said that if the outbreak sweeps through the Asia-Pacific region, Europe and North America,