Business Stories from May 5, 2020 (Change date)
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Asian stocks mixed after Wall Street gains on recovery hopesMay 05, 2020 7:00 am - Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. Benchmarks in Shanghai and Sydney...
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Fiat Chrysler swings to loss as virus hits output, demandMay 05, 2020 7:00 am - MILAN (AP) - Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales during the c...
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Chegg, Tenet rise; Norwegian Cruise Line, WestRock fallMay 05, 2020 7:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Tuesday: Portola Pharmaceuticals Inc., up $10.09 to $17.85. The biotechnology company is being bough...
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US trade gap rises to $44.4 billlion as virus slams commerceMay 05, 2020 7:00 am - WASHINGTON (AP) - The U.S. trade deficit rose in March as the coronavirus outbreak battered America's trade with the world. The Commerce Department reported Tuesday that...
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11 attorneys general seek probe into meatpacking industryMay 05, 2020 7:00 am - BELLE PLAINE, Kan. (AP) - The attorneys general for 11 Midwestern states urged the Justice Department on Tuesday to pursue a federal investigation into market concentrat...
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Judge: Indianapolis not required to reveal Amazon bid dealMay 05, 2020 7:00 am - INDIANAPOLIS (AP) - The details of Indianapolis' bid for Amazon's second headquarters project may never be revealed after a judge ruled that the documents aren't require...
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Closing prices for crude oil, gold and other commoditiesMay 05, 2020 7:00 am - Benchmark U.S. crude oil rose $4.17, or 20.5% to settle at $24.56 a barrel Tuesday. Brent crude oil, the international standard, rose $3.77, or 13.9% to $30.97 a barrel....
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Disney profit sinks amid shuttered parks, movies and sportsMay 05, 2020 7:00 am - NEW YORK (AP) - The House of Mouse is struggling amid the coronavirus pandemic. Disney reported a steep decline in profit as many segments of its media and entertainment...
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Grains mostly higher, livestock lower.May 05, 2020 7:00 am - \CHICAGO (AP) - Grain futures were mostly higher Tuesday in early trading on the Chicago Board of Trade. Wheat for May delivery gained 3 cents at $5.19 a bushel; May cor...
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Pot stores compete for prime spot near WoodfieldMay 05, 2020 5:30 am - A race is in progress not only to be the first recreational marijuana dispensary in Schaumburg, but also the only one permitted in the northwest corner of Woodfield Mall...