Business Stories from May 6, 2020 (Change date)
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Winery Raises Over $8K for Neighboring BusinessesMay 06, 2020 11:00 pm - Roselle Main Street is a quaint, suburban downtown featuring almost all mom and pop shops. When COVID 19 made it nearly impossible for some businesses to even be open, L...
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German factory orders plunge in March as shutdowns hitMay 06, 2020 7:00 am - BERLIN (AP) - German factory orders plunged by 15.6% in March compared with the previous month as countries around Europe and beyond started shutting down public life an...
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Facebook names oversight board, including former Denmark PMMay 06, 2020 7:00 am - A year and a half after announcing its creation, Facebook has named the initial 20 members of its oversight board, a quasi-independent panel that is to make decisions on...
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Life in a pandemic: massive job cuts, lots of homemade breadMay 06, 2020 7:00 am - The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to central governments, th...
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Dallas salon owner jailed for defying virus shutdown orderMay 06, 2020 7:00 am - DALLAS (AP) - Texas' Republican governor and top law enforcement officer on Wednesday came to the defense of a Dallas hair salon owner who was jailed for keeping her bus...
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With factories dark, GM profit slumps 88%; 2Q likely worseMay 06, 2020 7:00 am - DETROIT (AP) - General Motors' first-quarter net income fell 88%, but it still managed to make $247 million despite the arrival of the global coronavirus pandemic. U.S. ...
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Closing prices for crude oil, gold and other commoditiesMay 06, 2020 7:00 am - Benchmark U.S. crude oil fell 57 cents, or 2.3%, to settle at $23.99 a barrel Wednesday. Brent crude oil, the international standard, fell $1.25, or 4% to $29.72 a barre...
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Indianapolis keeping tougher virus restrictions in placeMay 06, 2020 7:00 am - INDIANAPOLIS (AP) - Indianapolis officials have decided to keep the city's stay-at-home order and restrictions on nonessential businesses in place through at least next ...
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Relatives of Germanwings victims seek compensation for crashMay 06, 2020 7:00 am - BERLIN (AP) - A court in Germany is considering demands for compensation brought against Lufthansa by eight people who lost loved ones in the crash of its budget airline...
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Uber to lay off 3,700 workers and CEO to waive salaryMay 06, 2020 7:00 am - NEW YORK (AP) - Uber is cutting 3,700 full-time workers, about 14% of its workforce, and its CEO will give up his base salary with the nation largely still in lockdown. ...
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