Business News

More Than 5 Million Customers Affected In Latest…

The hotel chain says a system containing guests' names and personal information was accessed.

Hungary imposes new taxes on retail chains and…

The Hungarian government says it will impose new taxes on multinational retail chains and banks to boost state budget revenues needed to fight the coronavirus pandemic

US long-term mortgages fall; 30-year at 3.33%

U.S. long-term mortgage rates fell this week for the second straight week as anxiety has spiraled over devastation to the economy from the coronavirus pandemic

Carnival Corp. Seeking Billions To Handle…

The coronavirus has forced many cruise lines, including ones owned by Carnival Corporation, to suspend operations.

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Another member of fire panel resigns, criticizes PG&E plan

The former chief financial officer for a Northern California city destroyed in a 2018 wildfire caused by Pacific Gas & Electric equipment is trying to upend the utility’s plan for getting out of bankruptcy because she believes the company is shortchanging the people devastated by its misconduct

White House convenes oil CEOs as bust threatens…

President Donald Trump is offering assurances of better times and coronavirus tests to oil CEOs

American Airlines Says It Will Seek $12B In…

Airline executives said the government assistance "will allow us to fly through even the worst of potential future scenarios."

Pinched by shutdown orders, Hobby Lobby closes stores

Hobby Lobby says the ongoing threat of the coronavirus has forced it to close its stores until further notice

Anick Jesdanun, longtime AP technology writer…

Anick Jesdanun, deputy technology editor for The Associated Press, has died in New York City of coronavirus complications

Crocs Donating Shoes To Health Care Workers Amid…

​Health workers across the U.S. can request a free pair of the company's shoes through its website.

Mega Millions change means jackpots will be big, not massive

Winning a Mega Millions lottery prize worth hundreds of millions of dollars was always a long shot, but soon it will be nearly impossible

Marvel remakes release calendar; 'Mulan' moves to…

The Walt Disney Co. has overhauled its release schedule, moving the dates of half a dozen Marvel movies

Singapore Airlines To Slash Operations Amid…

​The company said it will reduce capacity by 96% due to recent global border restrictions.

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OSHA cites companies in deadly New Orleans hotel…

A federal agency has issued citations against a dozen companies in connection with last fall's deadly partial collapse of a hotel under construction in New Orleans

Putin suggests sizable oil production cut as prices fall

Russian President Vladimir Putin says he supports cutting oil production by about 10 million barrels a day to shore up falling prices

Unemployment To Hit 30% Because Of Coronavirus…

James Bullard told Bloomberg News the second quarter will likely see a 50% drop in gross domestic product as well.

New phone-only Quibi aims for bite of digital…

Want to see Chance the Rapper prank Hollywood stars

Trump, 3M clash over order to produce more face…

President Donald Trump says his administration will try to stop “profiteers” from exporting medical protective gear, shortly after picking a fight with manufacturing giant 3M, a major producer and exporter of face masks used to protect health care workers from the coronavirus

Nikki Haley Resigns From Boeing's Board Of…

The former U.S. ambassador to the U.N. resigned over the company's request for government aid in response to the coronavirus pandemic.

'Disaster' feared if sick moved to California…

A California directive that could open the way for some patients sickened with COVID-19 to be sent from overburdened hospitals to nursing homes is being criticized by industry officials who fear vulnerable residents would be placed at risk

US service sectors slows in March

US service sector slows in March to index reading of 52.5 with bigger virus-related declines ahead

Unemployment Claims Rise Amid Outbreak

As coronavirus outbreak triggers layoffs, unemployment claims are on the rise.

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Federal judge tosses fan lawsuit vs. MLB, Astros…

A federal judge has dismissed a lawsuit by fantasy sports contestants who claimed they were damaged by sign stealing in Major League Baseball

Scramble for virus supplies strains global…

From tiny San Marino, wedged next to two of Italy's hardest-hit provinces in the coronavirus outbreak, to more economically powerful nations like Italy, countries are running up against export bans and seizures in the scramble for vital medical supplies

U.S. Automakers Willing To Produce Ventilators At…

Ventilators, which help patients breathe, are being used by hospitals to treat some of the more severe coronavirus cases.