Business Stories from May 8, 2020 (Change date)
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Closing prices for crude oil, gold and other commoditiesMay 08, 2020 7:00 am - Benchmark U.S. crude oil rose $1.19, or 5.1%, to settle at $24.74 a barrel Friday. Brent crude oil, the international standard, rose $1.51, or 5.1% to $30.97 a barrel. ...
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Push to restart as job losses hit once inconceivable heightsMay 08, 2020 7:00 am - The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global respon...
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US, China trade envoys promise 'favorable conditions'May 08, 2020 7:00 am - BEIJING (AP) - U.S. and Chinese trade negotiators promised to create 'œfavorable conditions'ť for carrying out a truce in their governments' tariff war during a phone ca...
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Stocks rise on hopes that awful jobs report marks the bottomMay 08, 2020 7:00 am - Wall Street doubled down on its bet that the worst of the recession has passed, sending stocks higher again on Friday despite another historic, crushing report on the jo...
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Siemens says profits down, this quarter could be the bottomMay 08, 2020 7:00 am - FRANKFURT, Germany (AP) - Siemens AG, maker of trains, power generators and medical scanners, saw net profit sag during the most recent quarter due to the virus outbreak...
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Uber, Monster Beverages rise; TripAdvisor, Motorola fallMay 08, 2020 7:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Friday: Uber Technologies Inc., up $1.86 to $32.79. The ride-hailing giant reported a revenue surge...
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10 takeaways from the worst jobs report in US historyMay 08, 2020 7:00 am - BALTIMORE (AP) - Brutal. Horrific. Tragic. Choose your description. The April jobs report showed, in harrowing detail, just how terribly the coronavirus outbreak has pum...
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Study: WeChat content outside China used for censorshipMay 08, 2020 7:00 am - BOSTON (AP) - Documents and images shared by users outside China on WeChat, the country's most popular social media platform, are being monitored and cataloged for use i...
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Grains mostly higher,livestock lower.May 08, 2020 7:00 am - \CHICAGO (AP) - Grain futures were mostly higher Friday in early trading on the Chicago Board of Trade. Wheat for July delivery fell 12 cents at $5.19 a bushel; May corn...
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Dog walkers not needed while the whole family is homeMay 08, 2020 4:00 am - When everyone is home, pets get more attention. That's good for the animal, but bad for the companies whose revenue is based on the care of those animals. Prairie Path P...
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