Business Stories from May 12, 2020 (Change date)
-
Back in recession, Greece puts faith in digital overhaulMay 12, 2020 3:30 am - ATHENS, Greece (AP) - Greece plans to rapidly expand government digital services in 2020 to try and slim down its notoriously slow-moving bureaucracy and help the countr...
-
Why prospect of deflation could pose a threat to US economyMay 12, 2020 6:30 pm - WASHINGTON (AP) - The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial cris...
-
Indiana utilities want to recover revenue due to pandemicMay 12, 2020 5:05 pm - INDIANAPOLIS (AP) - Indiana's gas and electric companies are asking state regulators to allow them to recover lost revenue from customers due to the pandemic, but critic...
-
Australia faces 'sobering' future economy due to coronavirusMay 12, 2020 7:30 pm - CANBERRA, Australia (AP) - Australia's treasurer said Tuesday the country faces a 'œsobering'ť economic outlook due to the effects of the coronavirus and will have its l...
-
Toyota profit drops on virus outbreak but recovery expectedMay 12, 2020 1:30 am - TOKYO (AP) - Toyota Motor Corp. reported Tuesday a sharp plunge in fiscal fourth quarter profit as the global pandemic slammed vehicle sales and halted production at its...
-
'60 Minutes' wins ratings, President Trump's attentionMay 12, 2020 5:00 pm - NEW YORK (AP) - 'œ60 Minutes'ť managed to win the week's ratings competition and attract the attention of President Donald Trump on the same week. With 9.5 million viewe...
-
India's prime minister announces huge virus relief packageMay 12, 2020 12:00 pm - NEW DELHI (AP) - Indian Prime Minister Narendra Modi announced Tuesday that the government will spend more than $260 billion, the equivalent of nearly 10% of the country...
-
India to start limited trains as it looks to ease lockdownMay 12, 2020 3:00 am - NEW DELHI (AP) - India is set to reopen some of its colossal rail network on Tuesday and run limited trains as the country looks at easing its nearly seven-week lockdown...
-
Virus consipracy-theory video shows challenges for big techMay 12, 2020 8:00 pm - CHICAGO (AP) - One by one, tech companies across Silicon Valley scrambled to take down a slickly produced video of a discredited researcher peddling a variety of conspir...
-
Asian shares track Wall Street retreat on virus rebound fearMay 12, 2020 11:01 pm - Shares fell in Asia on Wednesday after Wall Street logged its biggest loss since the start of the month on worries about the downside of reopening the economy too soon. ...