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Virus surge interrupts hopes for a swift economic recovery

The worsening COVID pandemic risks choking off the U.S. economy's fragile recovery and turn what some investors hoped would be a sprint back to normal into a long hard slog. States l...

Social media companies face revenue hit from boycotts

Verizon's decision to join the growing boycott against Facebook and Twitter risks hurting the social media giants where it hurts most: their advertising revenue. Advertising account...

Airlines aim for takeoff as lockdowns ease and demand rises

The skies are clearing up a bit for airlines as states ease lockdown measures and travelers slowly return to airport check-in lines. After a pronounced slump in air travel in the spr...

Target, Walmart outbox department stores in reshaped world

NEW YORK (AP) — The future of the post-pandemic retail economy in the U.S. looks both boxy and digital. The pandemic is dividing the industry into potential winners and losers, with ...

April job losses fall hard on restaurants, retailers

NEW YORK (AP) — Who remembers their last meal at a sit-down restaurant? Better yet: who knows when their next one will be? That's the question bedeviling not just...

Streaming video, online retailers escape pandemic pounding

NEW YORK (AP) — COVID-19 may have knocked U.S. stocks into a bear market and pummeled the U.S. economy, but the disease has also left some companies asking the question: “What recession?” ...

Profit forecasts tank as virus pandemic whacks economy

NEW YORK (AP) — The virus pandemic that has killed over 40,000 people worldwide is also wreaking havoc on corporate profits, with Wall Street forecasting a double-digit decline in the second quarter a...

Restaurant growth screeches to a halt amid pandemic shutdown

The virus pandemic gripping the nation is slamming the restaurant industry after years of steady growth amid the longest economic expansion in U.S. history. Restaurants and bars face...

Virus outbreak clips airlines' wings after high-flying year

NEW YORK (AP) — Airlines are stuck in a severe patch of turbulence as the virus outbreak causes passengers to cut back on travel, clouding the industry's growth prospects. All big U....

Under Armour feels the pressure in heated retail contest

NEW YORK (AP) — The contest for athletic wear customers has left once high-flying Under Armour dented and bruised as competitors pull ahead. The company's stock recently took another...

Companies with China ties start to feel virus impact

NEW YORK (AP) — The dangerous virus spreading through China threatens a wide range of industries with ties to the world’s second largest economy. Chinese authorities have cut off acc...

Stocks jump as November jobs growth blows past forecasts

NEW YORK (AP) — U.S. stocks jumped in early trading Friday after the government reported that employers added far more jobs than expected in November. The Labor Department said emplo...

Stocks fall in early trading as investors wait on trade

NEW YORK (AP) — Stocks wobbled between small gains and losses on Wall Street in early trading Thursday as investors waited for the latest news on negotiations to end the trade war between the U.S. and...

Stocks slump as Trump says trade deal with China can wait

NEW YORK (AP) — U.S. stocks fell sharply in early trading Tuesday after President Donald Trump cast doubt over the potential for a trade deal with China this year and threatened to impose tariffs on F...

Technology stocks lead US markets lower in early trading

NEW YORK (AP) — Stocks fell in early trading Monday on Wall Street as trade tensions flared with China’s diplomatic retaliation for U.S. support of protesters in Hong Kong. Technolog...