Coronavirus delivers tough blow to Lebanon’s dying economy

BEIRUT (AP) — Through 15 years of civil war and various bouts of violence since, Lebanon's Barbar eatery never closed its doors, serving up sandwiches to customers even if it meant doing so from behin...

Many businesses cautious about restarting economy amid virus

PROVIDENCE, R.I. (AP) — President Donald Trump wants the country open for business by mid-April, but some experts warn it's not as easy as flipping a switch: Economies run on confidence, and that is l...

COVID-19 infections rise in New York with peak weeks away

ALBANY, N.Y. (AP) — Hospitalizations from COVID-19 were rising faster than expected in New York as residents and leaders prepared for a peak in cases that is expected to still be weeks away. Temporary...

The Latest: Cannabis stocks surge as virus shut-ins load up

NEW YORK (AP) — The Latest on the action in the financial markets (all times local): 12:53 p.m. Cannabis stocks are flying high as investors see green following a r...

Taiwan needs new blood for economic growth

TAIPEI (Taiwan News) — Taiwan is enjoying the demographic dividend of economic growth resulting from a shift in the population age structure, but an increasingly aged population could be bad for...

Business Fallout: Nike cites jump in online sales in China

The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Here's a look at developments Tuesday as central banks, businesses and ...

Business activity plummets, but markets rally on Fed support

LONDON (AP) — Europe's economy could shrink by some 10% this year as efforts to contain the spread of the virus outbreak cause a collapse in commercial activity. Yet markets were up sharply on Monday ...

Trump says he intends to reopen US in weeks, not months

As cases of coronavirus continue to rise, President Donald Trump said Monday (March 23) that he wants to reopen the country for business in weeks, not months, as he claimed, without evidence, that con...

Trump's dilemma: how to protect both health and economy

WASHINGTON (AP) — President Donald Trump put it bluntly: “WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF." Trump, who tweeted his declaration overnight, is caught in the mid...

South Africa's virus cases jump to 402, has most in Africa

JOHANNESBURG (AP) — South Africa's coronavirus cases jumped to 402 Monday, up 128 from the day before, continuing worrying exponential growth and making it the country with the most cases in Africa. ...

Lebanon to stop paying back all debt in foreign currencies

BEIRUT (AP) — Lebanon will stop paying all maturing Eurobonds in foreign currencies amid a crippling economic and financial crisis and as foreign currency reserves continue to drop, the Finance Minist...

Fallout of '08 bailout looms over Washington negotiations

WASHINGTON (AP) — In the fall of 2008, an unlikely alliance of lawmakers, regulators and Bush administration officials banded together to rescue an economy they feared was hours away from collapse. Th...

Whiplash: All at once, a steady US economy screeches to halt

WASHINGTON (AP) — Three weeks ago, EmpireCLS was heading toward a second straight year of record business. A car service company in New Jersey, Empire couldn’t even find enough chauffeurs and office w...

Dubai flagship carrier Emirates halts all passenger flights

DUBAI, United Arab Emirates (AP) — One of the world's biggest airlines, Emirates, said it was suspending all passenger flights starting Wednesday. It's a pivotal move that reflects the dramatic slowdo...

Trump's fate tied to an unknown: how fast economy recovers

BALTIMORE (AP) — The coronavirus has flung the U.S. economy into a dangerous tailspin, and President Donald Trump's reelection hopes are caught in the sudden whirlwind. For the next ...