Business Stories from May 18, 2020 (Change date)
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PG&E's bankruptcy plan wins support from wildfire victimsMay 18, 2020 4:00 pm - BERKELEY, Calif. (AP) - Pacific Gas & Electric's plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires...
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Moderna, Hess rise; J.C. Penney, ForeScout fallMay 18, 2020 4:00 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Monday: International Game Technology Plc., up 53 cents to $7.46. The maker of video slot machines b...
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Uber cuts 3,000 jobs as pandemic slashes demand for ridesMay 18, 2020 1:30 pm - NEW YORK (AP) - Uber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two weeks as the coronavirus slashed demand for rides. The San Francisco ...
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Some traffic returns to roads as India eases virus lockdownMay 18, 2020 9:00 am - NEW DELHI (AP) - People trickled outdoors and thin traffic returned to roads in some Indian states on Monday, a day after the federal government extended the nationwide ...
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Video app TikTok names top Disney streaming exec as new CEOMay 18, 2020 6:30 pm - TikTok, the popular short-video app that has also drawn national-security and privacy concerns, has a new high-profile CEO from Disney, Kevin Mayer. Mayer will also be c...
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Grains mostly higher,livestock mixedMay 18, 2020 3:00 pm - Wheat for July was off 3.25 cents at 4.97 a bushel; July corn was up 1.50 cents at 3.2075 a bushel, July oats gained 6.75 cents at $3.1875 a bushel; while July soybeans ...
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Reports: World economy faces tough journey back from crisisMay 18, 2020 5:00 pm - WASHINGTON (AP) - The world economy likely faces a long slog back from the coronavirus crisis. Two reports out Monday predict that global growth will struggle to bounce ...
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Cash strapped Thai Airways to seek bankruptcy rehabilitationMay 18, 2020 2:31 am - BANGKOK (AP) - Thailand's flag carrier Thai Airways International will file a plan for restructuring its business with the Central Bankruptcy Court, a government spokesw...
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Schaumburg close to choosing entertainment district developerMay 20, 2020 8:17 am - Schaumburg trustees Tuesday will consider authorizing negotiations with a developer to create a long discussed entertainment district just north of the Renaissance Hotel...
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Moderna: Early coronavirus vaccine results are encouragingMay 19, 2020 6:35 am - An experimental vaccine against the coronavirus showed encouraging results in very early testing, triggering hoped-for immune responses in eight healthy, middle-aged vol...