Alexa

Dark déjà vu for European economy as virus cases spike

LONDON (AP) — Europe’s economy was just catching its breath from what had been the sharpest recession in modern history. A resurgence in coronavirus cases this month is a bitter blow that will likely ...

Auto workers' tenuous return a ray of hope in jobs crisis

DETROIT (AP) — Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are...

World oil demand forecast to suffer biggest drop ever

LONDON (AP) — Global demand for oil will fall this year by the most ever due to the economic lockdowns enforced around the world to contain the coronavirus pandemic, the International Energy Agency sa...

As business vaporizes, Europe focuses on avoiding layoffs

BRUSSELS (AP) — As the new coronavirus spreads across Europe, ravaging economies and killing thousands, governments and the European Union are focusing much of their economic rescue efforts on contain...

Some employers are trying to keep ties to laid-off staffers

As millions of job cuts tear through the U.S. economy, a faint glimmer of light has emerged: Some employers are trying to maintain ties to the staffers they're letting go so they can more quickly rehi...

What's essential? In France: pastry, wine. In US: golf, guns

The coronavirus pandemic is defining for the globe what's “essential” and what things we really can't do without, even though we might not need them for survival. Attempting to slow...

Layoffs spike in US, Europe as virus shuts businesses

WASHINGTON (AP) — Just a couple of weeks ago, Erika Vega hoped her temp job at a cafeteria would soon become permanent. But instead, the viral outbreak shut down the building where she worked and left...

Nervous consumers around world pull back amid viral outbreak

WASHINGTON (AP) — Buffeted by fears of the fast-spreading coronavirus, consumers in the United States and overseas are showing increasing signs of cutting back on spending in what amounts to a severe ...

Anxiety grips companies across the world as virus spreads

WASHINGTON (AP) — Since breaking out of China, the coronavirus has breached the walls of the Vatican. It's struck the Iranian holy city of Qom and contaminated a nursing home in Seattle. ...

Ireland wary of UK's optimism for EU trade deal this year

DUBLIN, Ireland (AP) — Getting a new trade deal between the U.K. and the European Union by the end of the year — as the British government claims will happen — would be a feat “nearly without preced...

Oil price jumps on fear of Iranian retaliation against US

LONDON (AP) — The price of oil surged Friday as global investors were gripped with uncertainty over the potential repercussions after the United States killed Iran's top general. New...

UK vote eases corrosive uncertainty hurting businesses

LONDON (AP) — The British election result is a boost to the economy and financial markets in the short term as it will ease some of the uncertainty over Brexit that has hobbled business confidence d...

Black Friday frenzy goes global - and not everyone’s happy

PARIS (AP) — People don’t celebrate Thanksgiving in France, or Russia, or South Africa - but they do shop on Black Friday. The U.S. sales phenomenon has spread to retailers across th...

The Latest: Ethiopian families saddened by air crash report

ADDIS ABABA, Ethiopia (AP) — The Latest on the reactions to the preliminary report issued by the Ethiopian government on the March 10 crash of the Ethiopian Airlines Boeing 737 Max 8 jet shortly after...

European, Canadian regulators to do own review of Boeing jet

Boeing's grounded airliners are likely to be parked longer now that European and Canadian regulators plan to conduct their own reviews of changes the company is making after two of the jets crashed. ...