Finance

BANGKOK — Share prices in Asia bounced back Monday from last week’s retreat, with mainland Chinese indexes gaining more than 3% as data showed progress in restoring factory output after weeks of disruptions from the viral outbreak. Stocks have been swooning as investors fret the coronavirus outbreak will derail the global economy. But in those […]

The Commerce Department issues its January snapshot of U.S. construction spending Monday March 2, 2020, 6:10 AM 2 min read A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSTRUCTION Spending on construction projects fell in 2019 for the first time in eight years. For the year,

AT&T is launching a new internet-delivered TV service Monday as it struggles with a shrinking DirecTV satellite business By TALI ARBEL AP Technology Writer March 2, 2020, 5:07 AM 2 min read NEW YORK — AT&T is launching a new internet-delivered TV service Monday as it struggles with a shrinking DirecTV satellite business. The new

Two measures of Chinese manufacturing fell to their lowest levels on record in February as anti-virus controls shut factories By JOE McDONALD AP Business Writer March 2, 2020, 3:22 AM 3 min read BEIJING — China’s manufacturing plunged in February as anti-virus controls shut down much of the world’s second-largest economy, but companies are confident

A warm winter means this is the first time in years that German winemakers can’t make their prized ice wine from frozen grapes By DAVID McHUGH AP Business Writer March 1, 2020, 3:57 PM 2 min read FRANKFURT, Germany — A warm winter means that for the first time in years Germany’s vineyards will produce

WASHINGTON — Democratic presidential candidates have seized on President Trump’s response to the spreading global coronavirus outbreak, and the growing threat it poses to America’s record-long economic expansion, to attack the president on what has been his greatest strength with voters: the economy. Until last week, the candidates had largely attacked Mr. Trump’s economic management

Coronavirus infections in Italy have risen 50% in just one day By COLLEEN BARRY Associated Press March 1, 2020, 8:13 PM 4 min read MILAN — Coronavirus infections in Italy rose 50% Sunday and the U.S. government issued its strongest travel warning yet, advising Americans against any travel to two regions in northern Italy that

Auto parts maker Dana Inc., CEO Jim Kamsickas is like everyone else in the business By TOM KRISHER AP Auto Writer March 1, 2020, 6:00 PM 6 min read TOLEDO, Ohio — At auto parts maker Dana Inc., CEO Jim Kamsickas is like everyone else in the business, trying to manage competing needs for spending

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

NEW YORK — As stocks around the world tumble on worries about a fast-spreading virus, investors have been clamoring for the superheroes of the financial world to ride to the rescue once again. Yet this time, there are doubts: Can central banks really fix this crisis as they have so many others? As much as