Business Stories from July 16, 2020 (Change date)
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China becomes first economy to grow since virus pandemicJul 20, 2020 7:37 am - BEIJING (AP) - China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2% expansion in the latest qu...
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New Jersey regulators mulling Eldorado buyout of CaesarsJul 16, 2020 5:01 pm - New Jersey gambling regulators rejected bids Thursday from two casino company competitors to weigh in before deciding whether to give the last approval needed for a $17....
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UK job losses set to rise sharply as numbers on payroll sinkJul 16, 2020 6:30 am - LONDON (AP) - Unemployment across the U.K. has held steady during the coronavirus lockdown as a result of a government salary support scheme, but there are clear signals...
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Latin America faces 'lost decade' from coronavirus GDP dropJul 16, 2020 5:31 pm - MEXICO CITY (AP) - The Economic Commission for Latin America and the Caribbean said Wednesday the region's per-capita gross domestic product is likely to drop by 9.1% in...
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Asian stock prices rebound after Wall Street slipsJul 16, 2020 11:01 pm - BEIJING (AP) - Asian stock markets were mostly higher Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook. Benchmarks in Shanghai, Hon...
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US mortgage rates fall to record lows; 30-year at 2.98%Jul 16, 2020 12:01 pm - WASHINGTON (AP) - Average rates on long-term mortgages continue to fall to new record lows, as the key 30-year loan dropped below 3% for the first time in 50 years. The ...
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No injuries after explosion rocks NW Indiana steel millJul 16, 2020 3:05 pm - BURNS HARBOR, Ind. (AP) - A fiery explosion that rocked a northwestern Indiana steel mill early Thursday was caused by equipment failure at one of the plant's blast furn...
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Grains mostly higher, livestock higherJul 16, 2020 3:01 pm - Wheat for Sept. declined 15.50 cents at 5.5075 a bushel; Sept. corn was up 4 cents at 3.3025 a bushel, Sept. oats rose 7.25 cents $2.8350 a bushel; while Aug. soybeans g...
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American Airlines, Twitter fall; Dell, Virgin Galactic riseJul 16, 2020 3:31 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Thursday: American Airlines Inc., down 99 cents to $12.45. The airline is notifying about 25,000 wo...
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Rising coronavirus infections threaten US economic recoveryJul 16, 2020 4:31 pm - BALTIMORE (AP) - Rising coronavirus infections across dozens of states are threatening the U.S. economic recovery, forcing businesses and consumers to freeze spending an...
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