Business Stories from May 26, 2020 (Change date)
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Virgin Orbit analyzing data to find cause of rocket failureMay 26, 2020 5:30 pm - LOS ANGELES (AP) - Virgin Orbit engineers were analyzing data Tuesday to find out what caused the maiden flight of its air-launched satellite booster to fail. The proble...
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Novavax, Merck rise; Regeneron, Anaplan fallMay 26, 2020 3:30 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Tuesday: Novavax, Merck rise; Regeneron, Anaplan fall. Novavax Inc., up $2.06 to $48.17. The biotec...
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The Toronto Star to be sold, taken privateMay 26, 2020 9:00 pm - TORONTO (AP) - The Toronto Star and its Torstar Corp newspaper chain said Wednesday it has agreed to be sold for $52 million (US$38 million). The transaction will see t...
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Latam Airlines files for Chapter 11 bankruptcy protectionMay 27, 2020 7:49 am - South American carrier Latam Airlines says it is seeking Chapter 11 bankruptcy protection as it grapples with the sharp downturn in air travel sparked by the coronavirus...
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Worker shortage concerns loom in immigrant-heavy meatpackingMay 26, 2020 8:54 am - SIOUX FALLS, S.D. (AP) - When Martha Kebede's adult sons immigrated from Ethiopia and reunited with her in South Dakota this year, they had few work opportunities. Lack...
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Grains mostly higher,livestock higherMay 26, 2020 3:00 pm - Wheat for Jul. was off 2 cents at 5.0675 a bushel; May. corn was up 1 cent at 3.19 a bushel, May oats rose 7.75 cents at $3.2350 a bushel; while May soybeans was off 1.7...
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Closing prices for crude oil, gold and other commoditiesMay 26, 2020 5:00 pm - Benchmark U.S. crude oil for July delivery rose $1.10 to settle at $34.35 a barrel Tuesday. Brent crude oil for July delivery rose 64 cents to $36.17 a barrel. Wholesal...
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Consumer confidence up slightly but remains near 6-year lowMay 26, 2020 2:30 pm - WASHINGTON (AP) - U.S. consumer confidence inched up this month, showing signs of stabilizing, but remained near a six-year low in the face of the widespread business sh...
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US company trials coronavirus vaccine candidate in AustraliaMay 26, 2020 10:30 pm - CANBERRA, Australia (AP) - A U.S. biotechnology company began injecting a coronavirus vaccine candidate into people in Australia on Tuesday with hopes of releasing a pro...
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Walt Disney World presenting plans for reopening parksMay 26, 2020 5:30 pm - ORLANDO, Fla. (AP) - Walt Disney World is presenting its plans for reopening after being shuttered along with Florida's other theme parks since mid-March because of the ...
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