Business Stories from May 28, 2020 (Change date)
-
Asian shares mixed after Wall Street rally; Hong Kong lowerMay 28, 2020 12:00 am - BANGKOK (AP) - Asian stocks were mixed after an upbeat open on Thursday, as investors pinned their hopes on an economic rebound from the coronavirus crisis. Shares rose...
-
Nordstrom's 1Q sales fell 40% as pandemic shuttered storesMay 28, 2020 5:30 pm - NEW YORK (AP) - Upscale department store retailer Nordstrom reported Thursday that its sales plunged nearly 40% in its fiscal first quarter when the pandemic forced a te...
-
Nissan to close Indonesia, Spain auto plants after lossesMay 28, 2020 7:01 am - TOKYO (AP) - Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squash...
-
Spanish workers, officials decry Nissan move to close plantMay 28, 2020 8:01 am - BARCELONA, Spain (AP) - Angry workers burned tires at the gates of the Nissan carmaking plant in northeastern Spain and prepared for more protests after the Japanese com...
-
41 million have lost jobs since virus hit, but layoffs slowMay 29, 2020 8:32 am - WASHINGTON (AP) - Roughly 2.1 million people applied for U.S. unemployment benefits last week, a sign that companies are still slashing jobs in the face of a deep recess...
-
Asia shares fall as US-China tensions douse rally on Wall StMay 28, 2020 11:00 pm - BANGKOK (AP) - Shares fell Friday in Asia after Wall Street's rally petered out amid worries about flaring U.S.-China tensions. Benchmarks declined in Hong Kong, Tokyo ...
-
Most Australian News Corp small papers to go digital-onlyMay 28, 2020 2:00 am - CANBERRA, Australia (AP) - Australia's largest newspaper publisher, News Corp., announced on Thursday that most of its suburban and regional mastheads across the country...
-
Closing prices for crude oil, gold and other commoditiesMay 28, 2020 4:00 pm - Benchmark U.S. crude oil for July delivery rose 90 cents to settle at $33.71 a barrel Thursday. Brent crude oil for July delivery rose 55 cents to $35.29 a barrel. Whol...
-
Simon & Schuster names Jonathan Karp as new CEOMay 28, 2020 3:01 pm - NEW YORK (AP) - Jonathan Karp, who has worked with authors ranging from Sen. Edward Kennedy to Susan Orlean, has been named the new CEO of Simon & Schuster. He replaces ...
-
Suits accuse retail chains of flooding Ohio with painkillersMay 28, 2020 5:00 pm - CLEVELAND (AP) - Five retail chains flooded two Ohio counties with tens of millions of prescription painkillers through their pharmacies while taking few if any steps to...