Business Stories from February 7, 2020 (Change date)
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Carmakers adjust to virus turmoil; Uniqlo, Burberry take hitFeb 07, 2020 6:00 am - BEIJING (AP) - Automakers are considering whether to reopen factory lines in China and counting the costs from the virus outbreak in China, while Japanese fashion brand ...
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Ford top automotive executive retires in management shake-upFeb 07, 2020 6:00 am - DETROIT (AP) - Ford is shaking up its management after a poor fourth-quarter financial performance and the botched launch of the Explorer SUV. The Dearborn, Michigan, c...
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Its Wuhan plants shut, Honda reports quarterly profit dropFeb 07, 2020 6:00 am - TOKYO (AP) - Japanese automaker Honda reported Friday a nearly 31% dive in its October-December profit as strong demand for its motorcycles failed to make up for falling...
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S&P 500 slips for first time this week as momentum stallsFeb 07, 2020 6:00 am - Wall Street closed out the market's best week in eight months Friday with a broad slide as technology and health care stocks gave back some of their recent gains. The p...
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A rapid descent leads to screams on severed Turkish planeFeb 07, 2020 6:00 am - ISTANBUL (AP) - As their flight abruptly descended into Istanbul and hit the ground with a rumble, a Turkish couple tensed up. They soon relaxed when they heard a routin...
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Grains mostly higher, livestock mixed.Feb 07, 2020 6:00 am - Wheat for Mar. rose 2.50 cents at 5.5875 a bushel; Mar. corn gained 4.25 cents at 3.8350 a bushel, Mar. oats was off 1.75 cents at $3.03 a bushel; while Mar. soybeans up...
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Hyundai recalls cars for problem that can cause engine firesFeb 07, 2020 6:00 am - DETROIT (AP) - Hyundai is recalling nearly 430,000 small cars because water can get into the antilock brake computer, cause an electrical short and possibly an engine fi...
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Software glitches force GM to recall pickups for 2nd timeFeb 07, 2020 6:00 am - DETROIT (AP) - General Motors is recalling about 162,000 full-size pickup trucks worldwide for a second time because of faulty brake control software that was installed ...
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Largest Nevada casinos report $2 billion gain in fiscal 2019Feb 07, 2020 6:00 am - CARSON CITY, Nev. (AP) - Nevada's largest casinos reaped more than $2 billion from gambling, food and beverage sales, room rentals and other factors during the 2019 fisc...
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Credit Suisse says CEO Thiam resigns amid spying scandalFeb 07, 2020 6:00 am - GENEVA (AP) - Credit Suisse CEO Tidjane Thiam is resigning after nearly five years on the job, acknowledging that a spying scandal caused 'œanxiety and hurt'ť and tarnis...