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Business
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The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus.________________________RETAIL:— Bed Bath & Beyond plans to close …
BOSTON (AP) — At the behest of the U.S. government, German authorities have seized a computer server that hosted a huge cache of files from scores of U.S. federal, state and local law enforcement agencies obtained in a Houston data breach last month.The server was being used by a …
ATLANTIC CITY, N.J. (AP) — After 3 1/2 months of being out of work amid the coronavirus outbreak, thousands of Atlantic City casino workers got the call they had been waiting for: It was time to go back to work.But less than three days before they were set to return, another call came: New …
BALTIMORE (AP) — Rates on 30-year mortgages have fallen to record lows for the third consecutive week as inflation remains muted in a weakened economy, even in the face of persistent demand from homebuyersMortgage buyer Freddie Mac reported Thursday that the average rate on the key 30-year …
NEW YORK (AP) — Stocks are slumping on Wall Street Thursday after a report suggested layoffs continue to ease up across the country, but also that the pace of improvements may be stalling.The S&P 500 was 1.3% lower, as of 11 a.m. Eastern time, after erasing an earlier modest gain. …
BELGRADE, Serbia (AP) — Asian and European officials pleaded with their citizens Thursday to respect modest precautions as several countries saw coronavirus outbreaks accelerate or sought to prevent new flare-ups, while the virus showed no signs of slowing its initial advance in Africa and …
The coronavirus pandemic pushed Walgreens to a $1.7 billion loss it the most recent quarter with customers staying home or limiting shopping to essential supplies from grocery stores.The drugstore chain said Thursday that the rapidly spreading virus took a bite of between $700 million and $750 …
Boston (AP) — The coronavirus pandemic has been a rollercoaster for state lotteries across the country, with some getting a boost from the economic downturn and others scrambling to make up for revenue shortfalls.Since March, Texas, Arkansas and Montana and several other states have seen an …
LONDON (AP) — Privacy watchdogs in Britain and Australia have opened a joint investigation into facial recognition company Clearview AI over its use of personal data “scraped” off social media platforms and other websites.Thursday's announcement by the U.K.'s Information …
JERUSALEM — The Israeli military says its chief of staff, Lt. Gen. Aviv Kochavi, has gone into quarantine after possible exposure to the coronavirus.In a statement Thursday, the army says Kochavi was in the presence of an officer last week who later tested positive for the virus. Israel has …
MOSCOW (AP) — A provincial governor in Russia's far east has been arrested on charges of involvement in multiple murders, officials said Thursday.Sergei Furgal, the governor of the Khabarovsk region along the border with China, was arrested in Khabarovsk and was flown to Moscow.The …
NEW YORK (AP) — When it launched in 2017, the catering tech platform HUNGRY had one customer in mind: well-heeled office workers. The goal was to bring delicious meals to places like Microsoft, Amazon and Google by creating networks of chefs and deliverers. HUNGRY was going to be the Uber …
KNOXVILLE, Tenn. (AP) — Former employees of an East Tennessee slaughterhouse raided by federal immigration agents in 2018 will get $610,000 in back pay and damages, according to a consent order filed in federal court.The money will be paid over three years to about 150 former workers at the …
WASHINGTON (AP) — More than 1.3 million Americans applied for unemployment benefits last week, a historically high pace that shows that many employers are still laying people off in the face of a resurgent coronavirus.The persistently elevated level of layoffs are occurring as a spike in …
NEW YORK (AP) — Like that last roll of ultra-thin toilet paper left on the shelves or the latest Star Wars movies, it’s tough to be disappointed in something when expectations were low to begin with. That’s how Wall Street is approaching the upcoming earnings season for …
BRUSSELS (AP) — The group of countries using Europe’s single currency will choose a new president on Thursday, with three candidates vying for the challenging task of leading the 19-nation bloc out of the deepest economic recession in decades.The candidates for Eurogroup president …
ORLANDO, Fla. (AP) — Forget about up-close “meet-and-greet" sessions with Mickey Mouse or Donald Duck when Walt Disney World parks reopen. There will be no firework shows or parades — those would draw too many people together — and both visitors and employees will be …
NEW DELHI (AP) — India reported nearly 25,000 new coronavirus infections Thursday and its transmission rate is increasing for the first time since March.The new cases bring the total in the world’s third worst-affected country to 767,296. India’s health ministry said the …
RABAT, Morocco (AP) — Morocco will start gradually reopening its air and maritime borders next week after one of the world’s strictest border lockdowns, which trapped tourists inside the country and left thousands of Moroccans stranded abroad and unable to come home.Only Moroccan …
WASHINGTON (AP) — 1.3 million workers seek US jobless aid as layoffs remain historically high amid spike in coronavirus cases.

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