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Saturday, June 6, 2020
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President Donald Trump speaks as Vice President Mike Pence, left, and FEMA Administrator Peter Gaynor look on, during a coronavirus task force briefing at the White House, Sunday, March 22, 2020, in Washington. (AP Photo/Patrick Semansky)

US Unemployment Drops Unexpectedly To 13.3%

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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened...
Dodgers starter Jose De Leon throws a pitch in the first inning. - Photographer: Arturo Pardavila III

Los Angeles County Business Leaders Urge Officials to Lift Restrictions on Reopening

LOS ANGELES (CNS) - Leaders in the film, sports, theme park, business and restaurant industries Tuesday presented detailed plans for reopening to...
This July 15, 2013, file photo, shows a sign for Wall Street outside the New York Stock Exchange. Shares of companies in the travel sector continue to struggle, Thursday, March 12, 2020, amid the virus outbreak as demand weakens. President Donald Trump's 30-day ban on most Europeans entering the United States seemed to heighten investors' concerns. (AP Photo/Mark Lennihan, File)

Stocks Open Higher As Investors Hope For Economic Recovery

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By ALEX VEIGA AP Business Writer U.S. stock indexes are moving higher in early trading Tuesday, following broad gains...
This undated photo provided by EO Waianae Tours shows Bryce Hunter talking to passengers on board a tour boat in Waianae, Hawaii. The coronavirus pandemic has taken out large sections of Hawaii's tourism-based economy, including the EO Waianae Tours dolphin and turtle snorkel tour business run by the Chang family and the family's regular music gig in Waikiki. (Ashlee Jankanish/EO Waianae Tours via AP)

Pandemic Knocks Out Large Sections of Hawaii’s Economy

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By AUDREY McAVOY Associated Press HONOLULU (AP) — In normal times, Roland Chang and his three sons start their...
In this Oct. 20, 2019, file photo, the company logo stands over a long row of unsold vehicles at a Ford dealership in Littleton, Colo. Ford is recalling over 240,000 SUVs and cars worldwide because a suspension part can fracture and increase the risk of a crash. (AP Photo/David Zalubowski, File)

Trump To Tour Ford’s Ventilator Assembly Plant Near Detroit

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By DARLENE SUPERVILLE Associated Press WASHINGTON (AP) — A day after threatening to withhold funds over Michigan's mail-in ballot...
Jobs Help Wanted- Photographer: Innov8social

Coronavirus-triggered Layoffs In US Hit Nearly 39 Million

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By CHRISTOPHER RUGABER and DANICA KIRKA Associated Press WASHINGTON (AP) — The number of Americans thrown out of work...
Salon owner Shelley Luther holds a citation and speaks with a Dallas police officer after she was cited for reopening her Salon A la Mode in Dallas, Friday, April 24, 2020. Hair salons have not been cleared for reopening in Texas. Luther was asked by officials to close and was issued a citation when she refused. Luther said she will remain open for business. (AP Photo/LM Otero)

Reopening: It’s Back To Business, But Not Business As Usual

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By DAVID CRARY, DAVE COLLINS and NICOLE WINFIELD Associated Press NEW YORK (AP) — This is what “normal” will...
This June 13, 2019, file photo shows a new home is for sale in Mechanicsville, Va. On Thursday, March 12, 2020, U.S. long-term mortgage rates were mixed this week after hitting all-time lows last week amid anxiety over risks to the economy from the deepening coronavirus crisis. (AP Photo/Steve Helber, File)

US Home Construction Drops 30.2% In April As Virus Rages

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By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — U.S. home building plunged in April to the lowest level...
In this Jan. 29, 2019, file photo, the logos of Huawei are displayed at its retail shop window reflecting the Ministry of Foreign Affairs office in Beijing. Chinese tech giant Huawei has accused U.S. phone carrier Verizon of violating its patents in a lawsuit, broadening efforts to defend its business in the United States amid government sanctions. (AP Photo/Andy Wong, File)

US Adds Strong New Sanction On Chinese Tech Giant Huawei

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By FRANK BAJAK Associated Press BOSTON (AP) — The U.S. government has imposed new restrictions on Chinese tech giant...
In this Feb. 28, 2020 file photo, rows of hand sanitizer are seen empty at a Walgreens in Idaho Falls, Idaho. Fear of the coronavirus has led people to stock up on hand sanitizer, leaving store shelves empty and online retailers with sky-high prices set by those trying to profit on the rush. (John Roark/The Idaho Post-Register via AP, file)

US Retail Sales Plunged a Record 16% in April as Virus Hit

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By JOSH BOAK AP Economics Writer BALTIMORE (AP) — U.S. retail sales tumbled by a record 16.4% from March...
Trader Gregory Rowe, center, and others work on the floor of the New York Stock Exchange Monday, March 16, 2020. (AP Photo/Craig Ruttle)

Industrial Production Plunges Unprecedented 11.2% in April

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By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — American industry suffered the most severe plunge on record last...
In this March 17, 2020 file photo, people wait in line for help with unemployment benefits at the One-Stop Career Center in Las Vegas. A record-high number of people applied for unemployment benefits last week as layoffs engulfed the United States in the face of a near-total economic shutdown caused by the coronavirus. The surge in weekly applications for benefits far exceeded the previous record set in 1982. (AP Photo/John Locher, File)

36 Million Have Sought US Unemployment Aid Since Virus Hit

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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Nearly 3 million laid-off workers applied for U.S. unemployment benefits...
FILE - In this Jan. 10, 2020, file photo, California Gov. Gavin Newsom gestures toward a chart showing the growth of the state's rainy day fund as he discusses his proposed 2020-2021 state budget during a news conference in Sacramento, Calif. Newsom will reveal his plan Thursday, May 14, for how to plug a $54.3 billion hole in the state budget. California's revenues have plummeted since the state has been under a mandatory stay-at-home order to stop the spread of the coronavirus. (AP Photo/Rich Pedroncelli, File)

California Governor Looks To Plug $54 Billion Budget Hole

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By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom is expected to reveal his plan...
The Hollywood Bowl

Hollywood Bowl Summer Season Falls Victim to Coronavirus – Season Cancelled

HOLLYWOOD (CNS) - For the first time in almost a century, theHollywood Bowl will be silent this summer, with the Los Angeles...
A pedestrian walks by The Family Barbershop, closed due to a Gov. Gretchen Whitmer executive order, in Grosse Pointe Woods, Mich., Thursday, April 2, 2020. The coronavirus COVID-19 outbreak has triggered a stunning collapse in the U.S. workforce with millions of people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world. (AP Photo/Paul Sancya)

Barbers, Beauticians Sue State Lawmakers in Los Angeles in Bid to Reopen

LOS ANGELES (CNS) - The organization representing hairstylists andsalon owners in the Southland and elsewhere today sued Gov. Gavin Newsom andstate Attorney...
Tesla electric charger

Tesla’s Elon Musk Defies Covid-19 Lockdown Order, Restarts California Factory

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By TOM KRISHER and BEN MARGOT AP Auto Writer FREMONT, Calif. (AP) — Tesla CEO Elon Musk is restarting...
McDonald's Restaurant, Miles City - Photographer: David Schott

Hard-hit Restaurants Await Word on California Reopening as Covid-19 Slows

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SACRAMENTO, Calif. (AP) — California restaurants waiting for permission to reopen to diners have been preparing for the “new normal” in the...
In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

Tesla Parking Lot Nearly Full, Indicating Factory Is Running

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FREMONT, Calif. (AP) — The parking lot was nearly full at Tesla’s California electric car factory Monday, an indication that the company...
Hospital - Kaiser Health News

‘An Arm And A Leg’: Health Care Takes A Financial Hit In The Midst...

Dan Weissmann Can’t see the audio player? Click here to listen. You’ve probably noticed that the U.S. economy is crashing. What you might not expect is that...
FILE - In this June 15, 2018 photo, winter wheat is harvested in a field farmed by Dalton and Carson North near McCracken, Kan. With the start of the winter wheat harvest just weeks ago, U.S. custom harvesters are having problems getting into the country the foreign workers they usually rely on to run their combines. The shuttered embassies amid the global coronavirus outbreak is just the start of difficulties: Governments have closed down their borders and overseas workers who already have visas already simply cannot get a flight. (AP Photo/Charlie Riedel, File)

Harvesters Struggle to Recruit Foreign Crews During Pandemic

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By ROXANA HEGEMAN Associated Press BELLE PLAINE, Kan. (AP) — Kansas harvester Mike Keimig is growing increasingly anxious about...
A doctor checks the conditions of a patient in Jinyintan Hospital, designated for critical COVID-19 patients, in Wuhan in central China's Hubei province Thursday, Feb. 13, 2020. China on Thursday reported 254 new deaths and a spike in virus cases of 15,152, after the hardest-hit province of Hubei applied a new classification system that broadens the scope of diagnoses for the outbreak, which has spread to more than 20 countries. (Chinatopix Via AP)

US Virus Patients and Businesses Sue China Over Outbreak

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ST. PETERSBURG, Fla. (AP) — Before the coronavirus outbreak, Saundra Andringa-Meuer was a healthy 61-year-old mother of six who never smoked or...
FILE - In this May 4, 2020, file photo, Robin Sotomayor, 5, wears a Supergirl face mask as she gets her hair done by Haylee Cummins at Rockabetty's Hair Parlor, in Yuba City, Calif. Donning a mask will be as common as putting on a cap or sunglasses for Californians as the state begins gradually easing stay-at-home orders, but rules about face coverings vary from county to county and it is unclear what enforcement might look like. (AP Photo/Rich Pedroncelli, File)

California Nail, Hair Salons Plead to Open With Other Shops

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By AMY TAXIN Associated Press WESTMINSTER, Calif. (AP) — California officials have rattled off numerous shops and businesses that...
In this May 9, 2019, file photo, California Gov. Gavin Newsom gestures towards a chart with proposed funding to deal with the state's homelessness as he discusses his revised state budget during a news conference in Sacramento, Calif. The governor is calling for better mental health care to help treat the state's large homeless population as he addresses one of the state's most pressing problems in his second State of the State speech to be given Wednesday, Feb. 19. 2020. (AP Photo/Rich Pedroncelli, File)

California Legislative Analyst Projects Deficit Through 2024

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By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California’s coronavirus-induced budget deficits could continue until at least 2024...
A surgical mask is placed on The "Fearless Girl" statue outside the New York Stock Exchange on Thursday, March 19, 2020, in New York. Stocks are swinging between gains and losses in early trading on Wall Street Thursday, but the moves are more subdued than the wild jabs that have dominated recent weeks. (AP Photo/Kevin Hagen)

Jobless Rate Spikes to 14.7%, Highest Since Great Depression

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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The U.S. unemployment rate hit 14.7% in April, the highest...
California Governor Gavin Newsom speaks to members of the press at a news conference in Sacramento, Calif., Thursday, Feb. 27, 2020. Newsom spoke about the state's response to novel coronavirus, also known as COVID-19. Yesterday, the Centers for Disease Control and Prevention confirmed a possible first case of person-to-person transmission of COVID-19 in California in the general public.(AP Photo/Randall Benton)

California Doom: Staggering $54 Billion Budget Deficit Looms

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SACRAMENTO, Calif. (AP) — California will have a budget shortfall of $54.3 billion because of the economic devastation wrought by the coronavirus,...
In this March 13, 2020 file photo, unionized hospitality workers wait in line in a basement garage to apply for unemployment benefits at the Hospitality Training Academy in Los Angeles. More than 6.6 million Americans applied for unemployment benefits last week, far exceeding a record high set just last week, a sign that layoffs are accelerating in the midst of the coronavirus. (AP Photo/Marcio Jose Sanchez, File)

33 Million Have Sought US Unemployment Aid Since the Virus Hit

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WASHINGTON (AP) — Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the viral...
FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. U.S. auto safety investigators have found no apparent defect with the passenger air bag seat sensors in thousands of older General Motors sedans. The National Highway Traffic Safety Administration denied a 2013 petition filed by a private crash investigator seeking a formal investigation of full-size cars including the Chevrolet Impala from the 2004 to 2010 model years. (AP Photo/Matt Rourke, File)

With Factories Dark, GM Profit Slumps 88%; 2Q Likely Worse

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By TOM KRISHER AP Auto Writer DETROIT (AP) — General Motors' first-quarter net income fell 88%, but it still...
A pedestrian walks by The Family Barbershop, closed due to a Gov. Gretchen Whitmer executive order, in Grosse Pointe Woods, Mich., Thursday, April 2, 2020. The coronavirus COVID-19 outbreak has triggered a stunning collapse in the U.S. workforce with millions of people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world. (AP Photo/Paul Sancya)

ADP: More Than 20 Million Jobs Vanished in April

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BALTIMORE (AP) — U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse with coronavirus outbreak closing the offices,...
Amoeba Music. Hollywood - Photographer: vxla

Amoeba Music To Not Reopen Iconic Sunset Boulevard Location

HOLLYWOOD (CNS) - Amoeba Music will not reopen its iconic Sunset Boulevard location due to the COVID-19 pandemic, but management of the...
Chipotle Burrito Bowl - Photographer: Mr.TinDC

Chipotle Agrees To Pay $25M To Resolve Tainted Food Allegations

LOS ANGELES (CNS) - Newport Beach-based Chipotle Mexican Grill agreed today to pay a a record $25 million fine as part of...
Child Watching Television

Coronavirus Deals TV Advertising Heavy Blow

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LOS ANGELES (CNS) - The shutdown of sports due to the coronavirus pandemic is propelling a historic decline in U.S. TV advertising...
Disney +

Disney CEO Elected To Board Of Burbank-Based Company

BURBANK (CNS) - The Walt Disney Co. Board of Directors today announced that Bob Chapek, who recently was elevated to CEO, was...
Money and dollar bills

Labor Dept. Offers Youth Apprenticeship Grants In Southland

LOS ANGELES (CNS) - The U.S. Department of Labor today announced the availability of $42.5 million in youth apprenticeship grants to support...
In this Thursday, April 2, 2020 photo, an oil rig lights up the horizon on the outskirts of Midland, Texas after a late sunset. (Odessa American/Eli Hartman)

Chaos And Scrambling In The US Oil Patch As Prices Plummet

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By CATHY BUSSEWITZ AP Business Writer NEW YORK (AP) — In Montana, a father and son running a small...
A television screen on the floor of the New York Stock Exchange headlines market activity, Tuesday, March 10, 2020. Stocks are closing sharply higher on Wall Street Tuesday, adding 4.9% to major indexes, as hopes build for a greater response from the Trump administration to the economic threat from the coronavirus outbreak. (AP Photo/Richard Drew)

Stocks Rise Sharply On Hopes Of Progress In Battling Virus

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By STAN CHOE AP Business Writer U.S. stocks were up roughly 5% in midday trading, following up on gains...
This screen grab from the website HealthCare.gov shows the extended deadline for signing up for health care coverage for 2020. (Centers for Medicare and Medicaid Services via AP, File)

Insurance marketplaces offer help with coronavirus job cuts

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By TOM MURPHY AP Health Writer More than a million people could swamp the Affordable Care Act’s health...
This Jan. 31, 2020, file photo shows a Wall Street sign in front of the New York Stock Exchange. (AP Photo/Mark Lennihan, File)

Stocks Drop As Coronavirus Crunches The Job Market, Economy

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By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — The stock...
House Minority Leader Kevin McCarthy of Calif., President Donald Trump, and Chevron CEO Mike Wirth listen during a meeting with energy sector business leaders in the Cabinet Room of the White House, Friday, April 3, 2020, in Washington. (AP Photo/Evan Vucci)

White House Convenes Oil CEOs As Bust Threatens US Boom

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By ELLEN KNICKMEYER and CATHY BUSSEWITZ Associated Press WASHINGTON (AP) — Petroleum CEOs, including U.S. oil-patch loyalists to...
This Feb. 18, 2020, photo shows a real estate sign in front of a home for sale in San Francisco. On Thursday, Feb. 27, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Jeff Chiu)

US Long-Term Mortgages Fall; 30-Year At 3.33%

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WASHINGTON (AP) — U.S. long-term mortgage rates fell this week for the second straight week as anxiety has spiraled over devastation to...
School buses sit parked in a lot as schools remain closed due to the coronavirus Monday, March 30, 2020, in Providence, R.I. From above, life on earth looks different. The patterns of our daily routines are now replaced by the patterns of school buses sitting idle. (AP Photo/David Goldman)

Virus Cost May Top $4 trillion; Americans Arm Up On Guns

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The Associated Press The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented...
In this Jan. 22, 2015, file photo, visitors walk toward Sleeping Beauty's Castle in the background at Disneyland Resort in Anaheim, Calif. Saying they don't know when they'll be able to re-open many of their businesses with the coronavirus spreading, Walt Disney Co. officials announced they will start furloughing workers in two weeks at its theme parks resorts in Florida and California. The statement released late Thursday, April 2, 2020 from The Walt Disney Co. said the first wave of furloughs will start April 19 and involve workers whose jobs aren't necessary at this time. (AP Photo/Jae C. Hong, File)

With Parks Closed, Disney Starts Furloughs In 2 Weeks

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By MIKE SCHNEIDER Associated Press ORLANDO, Fla. (AP) — Saying they don't know when they'll be able to...
A pedestrian walks by The Family Barbershop, closed due to a Gov. Gretchen Whitmer executive order, in Grosse Pointe Woods, Mich., Thursday, April 2, 2020. The coronavirus COVID-19 outbreak has triggered a stunning collapse in the U.S. workforce with millions of people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world. (AP Photo/Paul Sancya)

US Sheds Most Jobs In A Decade, Ending Record Hiring Streak Due To Coronavirus

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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A record-long streak of U.S. job growth ended suddenly...
People wait in a line to enter a gun store in Culver City, Calif., Sunday, March 15, 2020. Coronavirus concerns have led to consumer panic buying of grocery staples, and now gun stores are seeing a similar run on weapons and ammunition as panic intensifies. (AP Photo/Ringo H.W. Chiu)

Gun Background Checks Smash Records Amid Coronavirus Fears

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By LISA MARIE PANE Associated Press Background checks required to buy firearms have spiked to record numbers in...
McDonald's Restaurant, Miles City - Photographer: David Schott

McDonald’s Franchises To Offer Free Breakfast To First Responders

LOS ANGELES (CNS) - McDonald's franchisees will begin serving free breakfast to first responders, beginning this morning, at the company's 700-plus locally...
This March 19, 2018 file photo shows Amazon's Prime Video streaming app on an iPad in Baltimore. SXSW announced Thursday that it's partnering with Amazon Prime Video to stream as much of its movie line-up as possible for a 10-day period in the U.S. It will be free to viewers with or without an Amazon Prime membership. Since the March festival was canceled, SXSW organizers have worked frantically to salvage what they could of the festival, and find ways to still bring attention to the many films that had been planning to premiere there. (AP Photo/Patrick Semansky, File)

SXSW Partners With Amazon To Put Its Film Festival Online

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By JAKE COYLE AP Film Writer NEW YORK (AP) — The popcorn will be bring your own and...
In this Dec. 20, 2018, file photo Juul products are displayed at a smoke shop in New York. The Federal Trade Commission on Wednesday, April 1, 2020, sued to break up the multibillion-dollar partnership between tobacco giant Altria and e-cigarette startup Juul Labs. In a legal filing Wednesday, the watchdog agency said the financial and business dealings between the companies amounted to an agreement not to compete.(AP Photo/Seth Wenig, File)

Feds Seek Breakup Of Altria-Juul Deal On Antitrust Grounds

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By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — U.S. business regulators are suing to break up the...
A closed sign is displayed on a Macy's storefront window Monday, March 30, 2020, in San Francisco. Macy's announced that they would furlough a majority of their 130,000 workers after their stores closed due to the virus outbreak. (AP Photo/Ben Margot)

Macy’s To Be Removed From S&P 500; Credit Rating Downgraded

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Its market value just a fraction of what it was five years ago, Macy's is being removed from the S&P 500 index.
In this Sept. 27, 2018, file photo robots weld the bed of a 2018 Ford F-150 truck on the assembly line at the Ford Rouge assembly plant in Dearborn, Mich. Ford says it wants to reopen five North American assembly plants in April 2020 that were closed due to the threat of coronavirus. The three Detroit automakers suspended production at North American factories March 19 ago under pressure from the United Auto Workers union, which had concerns about members working closely at work stations and possibly spreading the virus. (AP Photo/Carlos Osorio, File)

Surveys: Manufacturing Contracts Last Month In US, World

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WASHINGTON (AP) — Manufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the...
President Donald Trump points to a reporter to ask a question as he speaks about the coronavirus, with Dr. Deborah Birx, White House coronavirus response coordinator, at right, in the James Brady Press Briefing Room of the White House, Tuesday, March 31, 2020, in Washington. (AP Photo/Alex Brandon)

Car Sales Crash, And So Does Crude, As Virus Seizes Markets

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By The Associated Press The outbreak of the coronavirus has dealt a shock to the global economy with...
In this Dec. 3, 2018, file photo, a vehicle rests in front of a home leveled by the Camp Fire in Paradise, Calif. California power regulators are weighing a recommendation to back off plans to fine Pacific Gas and Electric an additional $462 million for igniting a series of Northern California 2018 deadly wildfires rather than risk that the harsher punishment will scuttle the utility's plan to emerge from bankruptcy protection, the state's Public Utilities Commission said in a document made public Monday, March 30, 2020. (AP Photo/Noah Berger, File)

Regulators Mull Reversing $462M Increase In PG&E Fire Fines

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By MICHAEL LIEDTKE AP Business Writer BERKELEY, Calif. (AP) — California power regulators are weighing a recommendation to...
This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. Mobile carrier T-Mobile has completed its takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The deal was announced two years ago and has taken a long time to close because of pushback from state and federal regulators.(AP Photo/Bebeto Matthews, File)

Sprint And T-Mobile Merge, Creating New Wireless Giant

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By TALI ARBEL AP Technology Writer NEW YORK (AP) — Mobile carrier T-Mobile has completed the takeover of...
This July 15, 2013, file photo, shows a sign for Wall Street outside the New York Stock Exchange. Shares of companies in the travel sector continue to struggle, Thursday, March 12, 2020, amid the virus outbreak as demand weakens. President Donald Trump's 30-day ban on most Europeans entering the United States seemed to heighten investors' concerns. (AP Photo/Mark Lennihan, File)

Stocks Skid Worldwide As Coronavirus Infections Keep Soaring

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NEW YORK (AP) — U.S. stocks joined a worldwide downdraft Wednesday as more signs piled up of the economic and physical pain...
In this March 18, 2020 file photo, visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns. The coronavirus pandemic has already hurt many households financially.  Americans have been hit with layoffs, furloughs and reduced hours across the country. Those who have not are still facing massive economic uncertainty. Experts say it's more important than ever to manage your budget, reach out to lenders and seek protections available to those hit by the economic impact of the virus. (AP Photo/John Minchillo, File)

A Guide To Surviving Financially As The Bills Come Due

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The coronavirus has dealt a financial blow to millions of Americans and now April's bills are coming due. The...
In this Feb. 20, 2020 file photo, a "For Sale" sign stands in front of a newly constructed home in Londonderry, N.H. U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago. Americans signed more contracts in February to buy homes, but the gains are likely relics of a moment before the coronavirus outbreak sent the U.S. economy spiraling into a likely recession. (AP Photo/Charles Krupa, File)

US Home Prices Rose At 3.1% Annually In January

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By JOSH BOAK AP Economics Writer BALTIMORE (AP) — U.S. home price growth was showing signs of acceleration...
This May 22, 2018 file photo shows Stephen King at the 2018 PEN Literary Gala in New York. With independent bookstores shut down nationwide, a new online seller is offering help. In January, Andy Hunter launched Bookshop.org. Simon & Schuster is adding buy buttons for Bookshop.org to all of its websites and promoting Bookshop through emails and elsewhere online. It also has enlisted numerous authors, among them Stephen King, Susan Orlean and Jason Reynolds, to get the word out about Bookshop on social media and elsewhere. (Photo by Evan Agostini/Invision/AP, File)

New Online Store Offers Help To Shuttered Indie Booksellers

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By HILLEL ITALIE AP National Writer Andy Hunter, founder of a new online sales outlet for independent booksellers,...
Whole Foods Market - Photographer: Tyler Cipriani

Whole Foods Workers Planning Sickout

LOS ANGELES (CNS) - Workers at Whole Foods grocery stores across the nation are calling for a global sickout today in response...
A sparsely occupied Fifth Avenue, usually bustling with traffic, appears at midday on Wednesday, March 18, 2020 in New York. (Photo by Evan Agostini/Invision/AP)

Virus Slump Expected To Rival Big Recessions In History

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By PAN PYLAS Associated Press LONDON (AP) — The coronavirus-related recessions around the world are going to be...
In this June 15, 2017, file photo, bagged purchases from the Kroger grocery store in Flowood, Miss., sit inside this shopping cart. A group of Instacart workers are organizing a strike across the U.S. starting Monday, March 30, 2020, to demand more pay and protection as they struggle to meet a surge in demand for grocery deliveries during the coronavirus pandemic. It was unclear how many of Instacart's shoppers - most of whom work as independent contractors - would join the strike. (AP Photo/Rogelio V. Solis, File)

Some Instacart, Amazon Workers Strike As Jobs Get Riskier

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By ALEXANDRA OLSON and MAE ANDERSON Associated Press Writers NEW YORK (AP) — Some Instacart and Amazon warehouse...
In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. In a series of sweeping steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs. The announcement Monday, March 23 is part of the Fed's ongoing efforts to support the flow of credit through an economy ravaged by the viral outbreak. (AP Photo/Jacquelyn Martin, File)

Fed Steps In Once Again To Try To Smooth Out Lending Markets

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WASHINGTON (AP) — The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by...
Gas USA is selling gas for 97.9 cents a gallon, Monday, March 30, 2020, in Cleveland. Oil started the year above $60 and has plunged on expectations that a weakened economy will burn less fuel. The world is awash in oil, meanwhile, as producers continue to pull more of it out of the ground. (AP Photo/Tony Dejak)

Gas Is Cheap, But For Many Motorists There’s Nowhere To Go

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DALLAS (AP) — U.S. gasoline prices have dropped to their lowest levels in four years, and they are almost sure to go...
Linda DeFrancesco stocks shelves with her farm's own salsa, spreads, veggies and salsa at DeFrancesco Farm Stand in Northford, Conn., Thursday, March 26, 2020. Businesses across the state are worried about the impact of the coronavirus, even the ones considered "essential" like farmers' markets and garden centers. The farm stand opens Saturday at 10 a.m. (Dave Zajac/Record-Journal via AP)

Urgent Question From Small Businesses: When Will Aid Arrive?

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By JOYCE M. ROSENBERG AP Business Writer NEW YORK (AP) — When will the money arrive?
Coast Guard officer-terror suspect sentenced for guns, drugs

US Agency Includes Gun Sellers As “Critical” Infrastructure

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WASHINGTON (AP) — A gun rights group is cheering the Trump administration's designation of the firearms industry, including retailers, as part of...
In this Saturday, March 28, 2020 photo, Kyle Kofron poses for a photo outside his home in St. Louis. Kofron still has his job at an ice cream factory, but his three roommates are suddenly unemployed due the the coronavirus pandemic. Kofron is advocating for a rent strike during the outbreak saying it may be their only option. (AP Photo/Jeff Roberson)

Rent Strike Idea Gaining Steam During Coronavirus Crisis

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By JIM SALTER Associated Press ST. LOUIS (AP) — With millions of people suddenly out of work and...
In this Feb. 20, 2020 file photo, a "For Sale" sign stands in front of a newly constructed home in Londonderry, N.H. U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago. Americans signed more contracts in February to buy homes, but the gains are likely relics of a moment before the coronavirus outbreak sent the U.S. economy spiraling into a likely recession. (AP Photo/Charles Krupa, File)

US Pending Home Sales Trended Higher Before Virus Outbreak

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BALTIMORE (AP) — Americans signed more contracts in February to buy homes, but the gains are likely relics of a moment before...
A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, March 30, 2020. Asian shares started the week with further losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world.(AP Photo/Vincent Yu)

Wall Street Pushes Higher, Led By Health Care Stocks

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By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are pushing a bit higher in...
A television screen on the floor of the New York Stock Exchange headlines market activity, Tuesday, March 10, 2020. Stocks are closing sharply higher on Wall Street Tuesday, adding 4.9% to major indexes, as hopes build for a greater response from the Trump administration to the economic threat from the coronavirus outbreak. (AP Photo/Richard Drew)

Stocks Surge Again After Relief Bill Passed; Indexes Up 6%

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NEW YORK (AP) — Stocks marched higher for a third straight day Friday as a massive coronavirus relief bill moved closer to...
In this Sept. 27, 2018, file photo robots weld the bed of a 2018 Ford F-150 truck on the assembly line at the Ford Rouge assembly plant in Dearborn, Mich. Ford says it wants to reopen five North American assembly plants in April 2020 that were closed due to the threat of coronavirus. The three Detroit automakers suspended production at North American factories March 19 ago under pressure from the United Auto Workers union, which had concerns about members working closely at work stations and possibly spreading the virus. (AP Photo/Carlos Osorio, File)

Ford, Fiat Chrysler, Honda, Toyota Seek To Restart Factories

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By TOM KRISHER AP Auto Writer DETROIT (AP) — Ford, Fiat Chrysler, Honda and Toyota took steps Thursday...
In this June 19, 2019, file photo cargo ships are docked at the Port of Los Angeles in Los Angeles. The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for awhile as the country endures a sharp contraction due to the impact of the coronavirus. (AP Photo/Marcio Jose Sanchez, File)

US Economy Grew At 2.1% Rate In Fourth Quarter Of 2019

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WASHINGTON (AP) — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that...
In this March 17, 2020 file photo, people wait in line for help with unemployment benefits at the One-Stop Career Center in Las Vegas. A record-high number of people applied for unemployment benefits last week as layoffs engulfed the United States in the face of a near-total economic shutdown caused by the coronavirus. The surge in weekly applications for benefits far exceeded the previous record set in 1982. (AP Photo/John Locher, File)

3.3 million Seek US Jobless Aid, Nearly 5 Times Earlier High

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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last...
This photo provided by the New York Stock Exchange shows the unoccupied NYSE trading floor, closed temporarily for the first time in 228 years as a result of coronavirus concerns, Tuesday March 24, 2020. Global stocks and U.S. futures declined Thursday after the U.S. Senate approved a proposed $2.2 trillion virus aid package following a delay over its details and sent the measure to the House of Representatives. (Kearney Ferguson/NYSE via AP, File)

Stocks Rise On Wall Street, Heading For Three-Day Rally

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By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks rose on Wall Street Thursday, putting the...
In this image provided by Jonathan Corpina, Jonathan Corpina, Senior Managing Partner at Meridian Equity Partners Inc., who normally works on the New York Stock Exchange trading floor, works in his home office in Armonk, NY., Wednesday, March 25, 2020. Stocks are wobbling in tentative trading Wednesday as a historic, worldwide rally downshifts dramatically after just a day. (Danielle Corpina/Courtesy Jonathan Corpina via AP)

Stocks Have First Back-To-Back Gains Since Sell-Off Began

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By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks scored...
A woman walks in Canary Wharf, during rush hour, in London, Wednesday March 25, 2020. For most people, the coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. (Victoria Jones/PA via AP)

First Signs Of Disruption Appear In Housing; Markets “Calm”

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By The Associated Press The outbreak of the coronavirus has dealt a shock to the global economy with...
In this March 24, 2020, photo provided by Laiza Morgan, her husband Rene Morgan sits at his home in Davie, Fla. He had been working for only a couple of weeks at a biotechnology startup when he was let go earlier this month after the company’s supply chain from China was disrupted by the coronavirus crisis. (Laiza Morgan via AP)

Coronavirus Closures Pushing New US Jobless Claims Sky High

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NEW ORLEANS (AP) — Barely a week ago, David McGraw was cooking daily for hundreds of fine diners at one of New...
In this Jan. 27, 2020 file photo a clothes washer, left, and dryer, center, are on display at a Home Depot store location, in Boston. Orders to U.S. factories for big-ticket manufactured goods rose by a solid amount in February 2020, but the gain came before the coronavirus had shut down much of the country. The Commerce Department said Wednesday, March 25, durable goods orders rose 1.2% last month, rebounding from January when orders had shown a tiny 0.1% gain.(AP Photo/Steven Senne)

US Big-Ticket Factory Orders Up 1.2% In February

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WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose by a solid amount in February, but the gain came...
A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, March 25, 2020. Shares have advanced in Asia after the Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus. (AP Photo/Vincent Yu)

Stocks Wobble As Wall Street Downshifts From Historic Rally

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By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Stocks are wobbling in...
Railway trains stand in front of a train station in Vienna, Austria, Tuesday, March 24, 2020. The austrian railway restricts train traffic. For most people the coronavirus causes mild or moderate symptoms, such as fever and cough, but for some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Ronald Zak)

Business Fallout: US Manufacturing Pivot; Drinking At Home

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The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy....
A television screen on the floor of the New York Stock Exchange headlines market activity, Tuesday, March 10, 2020. Stocks are closing sharply higher on Wall Street Tuesday, adding 4.9% to major indexes, as hopes build for a greater response from the Trump administration to the economic threat from the coronavirus outbreak. (AP Photo/Richard Drew)

Dow Surges 2,100 Points As Congress Nears Deal On Virus Aid, Best Day Since...

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By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Stocks surged on...
Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. U.S. new home sales fell 4.4% in February with bigger declines expected in coming months as the coronavirus puts a major crimp on home sales. (AP Photo/Keith Srakocic)

New Home Sales Drop 4.4% In February

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By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — U.S. new home sales fell 4.4% in February with...
A television screen on the floor of the New York Stock Exchange headlines market activity, Tuesday, March 10, 2020. Stocks are closing sharply higher on Wall Street Tuesday, adding 4.9% to major indexes, as hopes build for a greater response from the Trump administration to the economic threat from the coronavirus outbreak. (AP Photo/Richard Drew)

Stocks Surge 7% On Building Hopes For US Virus Stimulus

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By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Stocks on Wall Street...
Vueling Airlines planes sit parked in a line at the Seville, Spain airport on Saturday, March 21, 2020, idled due to the COVID-19 coronavirus outbreak. (AP Photo/Miguel Morenatti)

Monday: Big Layoffs, Bigger Hirings, Massive Markets Swings

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The Associated Press The rapid spread of the coronavirus since it was first reported in China has dealt...
In this Dec. 16, 2019, file photo, a sign to a Pacific Gas & Electric building is shown in San Francisco. Pacific Gas & Electric is assuring a federal judge Wednesday, Jan. 29, 2020, it will meet a June 30 deadline for getting out of bankruptcy, as California Gov. Gavin Newsom signaled his intent to follow through on his threat to attempt a government takeover of the nation's largest utility. (AP Photo/Jeff Chiu, File)

PG&E Pleading Guilty To Involuntary Manslaughter In Wildfire

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SAN FRANCISCO (AP) — Pacific Gas & Electric said Monday it will plead guilty to 84 counts of involuntary manslaughter in connection...
Viewers in parked cars watch the animated film "Onward" at the Paramount Drive-In Theatres, Thursday, March 19, 2020, in Paramount, Calif. The drive-in theater, long a dwindling nostalgia act in a multiplex world, is experiencing a momentary return to prominence. With nearly all of the nation’s movie theaters shuttered due to the pandemic, some drive-in owners think they’re in a unique position to give moviegoers a chance to do something out of the house but stay within prudent distance from one another. (AP Photo/Chris Pizzello)

The Drive-In, Relic Of Yesterday, Finds Itself Suited To Now

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By JAKE COYLE AP Film Writer NEW YORK (AP) — The drive-in theater, long a dwindling nostalgia act...
People stand in marked places to keep a social distance at a fast food restaurant in London, Friday, March 20, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Frank Augstein)

Business Fallout: More Flights Halted, Walmart Hiring 150K

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Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China....
Customers maintain social distance while waiting to enter The Green Cross cannabis dispensary in San Francisco, Wednesday, March 18, 2020. As about 7 million people in the San Francisco Bay Area are under shelter-in-place orders, only allowed to leave their homes for crucial needs in an attempt to slow virus spread, marijuana stores remain open and are being considered "essential services." (AP Photo/Haven Daley)

A Pot Shop At Your Door: Home Delivery Surges Amid Outbreak

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By MICHAEL R. BLOOD and HAVEN DALEY Associated Press SAN FRANCISCO (AP) — One company rushed to expand...
In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the U.S, Federal Reserve System lies embedded in the floor at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve announced late Wednesday, March 18, 2020, that it will establish an emergency lending facility to help unclog a short-term credit market that has been disrupted by the coronavirus outbreak. The Fed said it will lend money to banks that purchase financial assets from money market mutual funds, including short-term IOUs known as commercial paper. (AP Photo/Andrew Harnik, File)

Fed To Help Banks Purchase Muni Bonds To Keep Credit Flowing

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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve said it would seek to hold...
This Jan. 31, 2020, file photo shows a Wall Street sign in front of the New York Stock Exchange. (AP Photo/Mark Lennihan, File)

US Stocks Rise For 2nd Straight Day At End Of A Brutal Week

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By ALEX VEIGA AP Business Writer U.S. stocks recovered from an early stumble and were headed higher in...
Traders work at the New York Stock Exchange, Friday, March 13, 2020. Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987.(AP Photo/Mark Lennihan)

Cautious Optimism On Wall Street, Markets Rise With Aid Hope

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By STAN CHOE and DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks...
A pedestrian wearing a surgical mask and gloves walks past the New York Stock Exchange on Thursday, March 19, 2020, in New York. Stocks are swinging between gains and losses in early trading on Wall Street Thursday, but the moves are more subdued than the wild jabs that have dominated recent weeks. At least for now. (AP Photo/Kevin Hagen)

Wall Street Gains Momentum After Another Rocky Start

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NEW YORK (AP) — Stocks are gaining momentum in afternoon trading on Wall Street Thursday in a market marked by less volatility...
Houses

Survey Shows California Realtors Bracing For COVID-19 Impact On Housing Market

LOS ANGELES (CNS) - As the coronavirus crisis continues to worsen, 74% of California real estate professionals expect the pandemic to negatively...
Unionized hospitality workers wait in line in a basement garage to apply for unemployment benefits at the Hospitality Training Academy Friday, March 13, 2020, in Los Angeles. Fearing a widespread health crisis, Californians moved broadly Friday to get in front of the spread of the coronavirus, shuttering schools that educate hundreds of thousands of students, urging the faithful to watch religious services online and postponing or scratching just about any event that could attract a big crowd. (AP Photo/Marcio Jose Sanchez)

Coronavirus Layoffs Spark Surge In State Jobless Claims

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JEFFERSON CITY, Mo. (AP) — In Ohio, more than 48,000 people applied for jobless benefits during the first two days of this...
This June 13, 2019, file photo shows a new home is for sale in Mechanicsville, Va. On Thursday, March 12, 2020, U.S. long-term mortgage rates were mixed this week after hitting all-time lows last week amid anxiety over risks to the economy from the deepening coronavirus crisis. (AP Photo/Steve Helber, File)

US Mortgage Rates Climb This Week; 30-Year Loan At 3.65%

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WASHINGTON (AP) — U.S. long-term mortgage rates climbed this week in a whip-sawing market amid deepening anxiety over devastation to the economy...
A surgical mask is placed on The "Fearless Girl" statue outside the New York Stock Exchange on Thursday, March 19, 2020, in New York. Stocks are swinging between gains and losses in early trading on Wall Street Thursday, but the moves are more subdued than the wild jabs that have dominated recent weeks. (AP Photo/Kevin Hagen)

Wall Street swings up and down as volatility retains grip

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By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Stocks are swinging between...
An employee at White Street Brewing Company in Wake Forest, N.C., fills a "crowler" can of beer on Tuesday, March 17, 2020. With bars ordered close due to coronavirus, brewers are making sure their customers can enjoy some fresh suds. (AP Photo/Allen G. Breed)

Fighting Fear With Beer: Virus Spurs Curbside Beer Sales

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By ALLEN G. BREED AP National Writer WAKE FOREST, N.C. (AP) — Sometimes you wanna go where everybody...
In this Saturday, March 14, 2020 file photo, an Apple logo adorns the facade of the downtown Brooklyn Apple store in New York. Apple’s new iPad brings PC-like trackpad capabilities for the first time, as the company seeks to make its tablet even more like a laptop computer. Apple says the trackpad will offer more precision than fingers in selecting text and switching between apps. (AP Photo/Kathy Willens, File)

Apple Brings PC-Like Trackpad To IPad Tablets

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NEW YORK (AP) — Apple’s new iPad brings PC-like trackpad capabilities for the first time, as the company seeks to make its...
In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

Tesla Factory Could Be Shut Under California Health Order

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FREMONT, Calif. (AP) — The Tesla factory that employs thousands of people could be forced to close after Alameda County on Tuesday...
Trader Gregory Rowe, center, and others work on the floor of the New York Stock Exchange Monday, March 16, 2020. (AP Photo/Craig Ruttle)

Stocks, Oil Sink Again As recession Fears Batter Markets

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By STAN CHOE AP Business Writer NEW YORK (AP) — The vicious swings keep coming for the stock...
A television screen on the floor of the New York Stock Exchange headlines market activity, Tuesday, March 10, 2020. Stocks are closing sharply higher on Wall Street Tuesday, adding 4.9% to major indexes, as hopes build for a greater response from the Trump administration to the economic threat from the coronavirus outbreak. (AP Photo/Richard Drew)

Stocks Jump After Trump Promises To ‘Go Big’ On Virus Aid

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By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are closing solidly higher after President Donald...
This July 17, 2019, file photo shows an Amazon shipping truck at a fulfillment center in Phoenix. Amazon said Tuesday, March 17, 2020, that it will only accept from suppliers shipments of cleaning equipment, medical supplies and household goods at its warehouses for next three weeks to fill surging demand of those items.(AP Photo/Ross D. Franklin, File)

More Wipes, No Jeans: Amazon Limits Warehouse Shipments

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NEW YORK (AP) — Amazon, in an attempt to fill its warehouses with toilet paper, hand sanitizer and other items in high...
Cailin Sandvig, left, and Justin Bracken, load their family car as they prepare to leave their home in the Crown Heights area of Brooklyn, in New York, with their newborn twins, Milo, center, and Aurelia, 10 months, to avoid the spread of the new coronavirus, Monday, March, 16, 2020. "We are fleeing the city," said Sandvig who works remotely for her job. "We are going to end up in Wheaton, Illinois, where we have a big, old house to be in with my mom that's otherwise empty." (AP Photo/Bebeto Matthews)

US Job Openings Jumped In January, Before Virus Outbreak

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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. employers sharply increased the number of jobs they...
Federal Reserve Chair Jerome Powell speaks during a news conference, Tuesday, March 3, 2020, to discuss an announcement from the Federal Open Market Committee, in Washington. In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point in an effort to support the economy in the face of the spreading coronavirus. Chairman Jerome Powell noted that the coronavirus "poses evolving risks to economic activity." (AP Photo/Jacquelyn Martin)

Fed Will Buy Short-Term Loans To Try To Ease Flow Of Credit

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WASHINGTON (AP) — The Federal Reserve says it will buy short-term loans from banks and companies to support the flow of...

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