Business Stories from April 27, 2020 (Change date)
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Companies stash cash to survive; Europe reopens, slowlyApr 27, 2020 7:00 am - The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the wo...
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As fewer people fly, rate of guns found in bags by TSA jumpsApr 27, 2020 7:00 am - With far fewer people flying because of travel restrictions during the coronavirus pandemic, airport security screeners are naturally finding fewer guns in carry-on bagg...
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Deutsche Bank net profit falls due to pandemicApr 27, 2020 7:00 am - FRANKFURT, Germany (AP) - Deutsche Bank has reported that its net income fell to 66 million euros ($72 million) in the first quarter as the pandemic hurt its business. T...
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Adidas earnings slammed by virus, online sales picking upApr 27, 2020 7:00 am - FRANKFURT, Germany (AP) - Sports apparel and shoe company Adidas saw its earnings fall sharply in the first quarter as the virus outbreak closed 70% of its global store ...
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Asia shares mixed, eyeing economies reopening, central banksApr 27, 2020 7:00 am - TOKYO (AP) - Asian shares are mixed Tuesday as governments inch toward letting businesses reopen and central banks step in to provide cash to economies. Japan's benchmar...
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Diamond Offshore files for bankruptcy as oil prices crashApr 27, 2020 7:00 am - BANGKOK (AP) - Contract driller Diamond Offshore has filed for bankruptcy with debts of $2.6 billion, as the energy industry is hammered by crashing oil prices. Court d...
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Tesla, Big Lots rise; Embraer, Regeneron fallApr 27, 2020 7:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Monday: Embraer SA, down 41 cents to $5.41. Boeing pulled out of a deal to buy the Brazilian jet mak...
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Stephen Sondheim gets starry but tardy 90th birthday concertApr 27, 2020 7:00 am - NEW YORK (AP) - Josh Groban, Nathan Lane and Jake Gyllenhaal honored composer and lyricist Stephen Sondheim on Sunday with an online 90th birthday concert that was stuff...
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Small business loan program restarts, runs into snagsApr 27, 2020 7:00 am - NEW YORK (AP) - The second round of loan applications for the government's small business relief program has been slowed by computer issues at the Small Business Adminis...
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Boeing CEO sees long road to recovery from virus outbreakApr 27, 2020 7:00 am - Boeing's CEO said Monday that it will take years for the aircraft-building business to return to levels seen before the coronavirus pandemic, which has slowed air travel...
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