Business Stories from May 7, 2020 (Change date)
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Tech Firm Offers Free Application to Help Retailers Reopen with Curbside PickupMay 11, 2020 9:36 am - Celerant Technology is a leading provider of innovative retail solutions. The company will now offer its new Curbside Pickup Application to retailers at no cost. As many...
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Chemical leak at LG plant in India kills 11, about 1,000 illMay 07, 2020 8:30 pm - HYDERABAD, India (AP) - A gas leak at a chemical factory owned by a South Korean company in southern India early Thursday left at least 11 people dead and about 1,000 st...
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German industrial production down 9.2% in March on virusMay 08, 2020 8:03 am - BERLIN (AP) - Industrial production in Germany, Europe's biggest economy, dropped 9.2% in March compared with the previous month as shutdowns around the continent and el...
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Governor softens order over jailed Texas hair salon ownerMay 07, 2020 11:31 am - AUSTIN, Texas (AP) - Republican Texas Gov. Greg Abbott on Thursday removed jail as a punishment for violating his coronavirus restrictions following outcry by conservati...
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UK economy forecast to shrink by most since 1706May 07, 2020 12:30 pm - LONDON (AP) - The Bank of England warned Thursday that the British economy could suffer its deepest annual contraction since the Spanish War of Succession a little over ...
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Asian shares mixed after Wall St dips on pandemic worriesMay 06, 2020 11:30 pm - TOKYO (AP) - Asian shares were mixed Thursday after a decline on Wall Street after more depressing data rolled in on the devastation sweeping the global economy. Comment...
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Closing prices for crude oil, gold and other commoditiesMay 07, 2020 2:30 pm - Benchmark U.S. crude oil fell 44 cents, or 1.8%, to settle at $23.55 a barrel Thursday. Brent crude oil, the international standard, fell 26 cents, or 0.9% to $29.46 a b...
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Neiman Marcus becomes 2nd major retailer to seek Chapter 11May 07, 2020 4:00 pm - NEW YORK (AP) - Neiman Marcus has filed for Chapter 11 bankruptcy protection, the first department store chain and second major retailer to be toppled by the coronavirus...
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US jobless claims set to surge again before April jobs dataMay 07, 2020 7:00 am - WASHINGTON (AP) - The government is set Thursday to release another dire picture of the layoffs that have pummeled America's workforce, one day before it will issue what...
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Air France-KLM report $1.9 billion in losses, outlook grimMay 07, 2020 4:30 am - PARIS (AP) - Air France-KLM lost 1.8 billion euros ($1.9 billion) in the first quarter, mostly just in a few weeks in March as travel restrictions grounded planes worldw...
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