Business Stories from May 6, 2020 (Change date)
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Winery Raises Over $8K for Neighboring BusinessesMay 08, 2020 8:42 am - Roselle Main Street is a quaint, suburban downtown featuring almost all mom and pop shops. When COVID 19 made it nearly impossible for some businesses to even be open, L...
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Closing prices for crude oil, gold and other commoditiesMay 06, 2020 2:30 pm - Benchmark U.S. crude oil fell 57 cents, or 2.3%, to settle at $23.99 a barrel Wednesday. Brent crude oil, the international standard, fell $1.25, or 4% to $29.72 a barre...
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Small businesses cut jobs while waiting for government loansMay 07, 2020 1:51 pm - NEW YORK (AP) - While thousands of small businesses waited for coronavirus relief money to arrive, they were shutting down and laying off workers. Two reports issued thi...
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Relatives of Germanwings victims seek compensation for crashMay 06, 2020 6:00 am - BERLIN (AP) - A court in Germany is considering demands for compensation brought against Lufthansa by eight people who lost loved ones in the crash of its budget airline...
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TV broadcaster Sinclair fined $48 million over Tribune dealMay 08, 2020 8:13 am - The federal government has fined Sinclair Broadcasting Corp. $48 million, largely because of actions the TV broadcaster took in its failed attempt to acquire smaller riv...
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Andretti, Ganassi commit to new Extreme E Series for 2021May 06, 2020 1:01 pm - Andretti Autosport and Chip Ganassi Racing are the first two American teams to commit to a new electric SUV off-road racing series scheduled to begin in 2021. The Extr...
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Philippine TV network's shutdown amid pandemic sparks uproarMay 06, 2020 8:05 pm - MANILA, Philippines (AP) - Alarm over a Philippine government agency's shutdown of the country's largest TV and radio network heightened Wednesday with a top official wa...
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Samsung's Lee apologizes over management, union bustingMay 06, 2020 3:26 pm - SEOUL, South Korea (AP) - Samsung heir Lee Jae-yong on Wednesday expressed remorse but did not admit to wrongdoing over his alleged involvement in a 2016 corruption scan...
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BMW: Outbreak will slow auto industry 'for quite some time'May 06, 2020 4:30 am - FRANKFURT, Germany (AP) - Automaker BMW saw net profit fall slightly in the first quarter from a year earlier, when the company had a large one-time expense. The company...
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NYT says it can 'ride out' virus as subscriber numbers boomMay 06, 2020 4:00 pm - The New York Times Co. added new digital subscribers at a record rate as the coronavirus spread in the first quarter, helping offset shrinking ad revenues. The newspape...
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