by Editor | Jun 3, 2020 | Markets
ATHENS, Greece (AP) — For nearly four months, Capt. Andrei Kogankov and his oil tanker crew haven’t set foot on dry land. With global travel at a virtual standstill due to the coronavirus pandemic, the Russian captain was forced to extend his normal contract. He still...
by Editor | Jun 3, 2020 | Markets
WASHINGTON (AP) — The Federal Reserve has approved an expansion of its $500 billion emergency program to support state and local governments.The expansion will allow all states to have at least two cities or counties eligible to tap the Fed support program regardless...
by Editor | Jun 3, 2020 | Markets
WASHINGTON (AP) — The epic damage to America’s job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment report: Eight million more jobs are estimated to have been lost. Unemployment could near 20%. And...
by Editor | Jun 3, 2020 | Markets
WHEAT RIDGE, Colo. (AP) — The CEO of Pilgrim’s Pride is one of four current and former chicken company executives indicted Wednesday on charges of price-fixing.The U.S. Department of Justice said a federal grand jury in Colorado found that executives from...
by Editor | Jun 3, 2020 | Markets
CANNON BEACH, Ore. (AP) — As the coronavirus raced across America, this quaint seaside town did what would normally be unthinkable for a tourist destination. Spooked by a deluge of visitors, the tiny Oregon community shooed people from its expansive beaches and shut...
by Editor | Jun 3, 2020 | Markets
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus.________________________TESTING THE WATERS:...
