Business

Southwest Airlines airplanes sit parked Tuesday, April 7, 2020, at Paine Field airport in Everett, Wash. A steep decline in travel due to the outbreak of the coronavirus has pushed airlines to cancel flights, run fewer planes and seek government aid. (AP Photo/Ted S. Warren)
AP News Staff
April 28, 2020 - 8:04 am
DALLAS (AP) — Southwest Airlines posted its first quarterly loss in nearly a decade and said Tuesday that the downturn in air travel that began in late February shows no signs of letting up. The airline said trip cancellations have pulled back from a peak in March but remain at levels that...
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A masked worker at this state WIN job center in Pearl, Miss., holds an unemployment benefit application form as she waits for a client, Tuesday, April 21, 2020. The job centers lobbies are closed statewide to prevent the spread of COVID-19. However the continuing growth of unemployment demands and now additional assistance for self-employed, church employees, gig workers, and others who were previously ineligible for unemployment assistance has drawn some people to the centers for information and to obtain and submit unemployment benefit applications. (AP Photo/Rogelio V. Solis)
AP News Staff
April 23, 2020 - 8:29 am
WASHINGTON (AP) — More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday. Roughly 26 million people have now filed for jobless aid in the five weeks since the...
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FILE - In this Tuesday, Jan 28, 2020 file photo, mobile network phone masts are visible in front of St Paul's Cathedral in the City of London. Dozens of European cell towers have been destroyed in recent arson attacks that officials and wireless companies say are fueled by groundless conspiracy theories linking new 5G mobile networks and the coronavirus pandemic. (AP Photo/Alastair Grant, File)
AP News Staff
April 21, 2020 - 5:07 am
LONDON (AP) — The CCTV footage from a Dutch business park shows a man in a black cap pouring the contents of a white container at the base of a cellular radio tower. Flames burst out as the man jogs back to his Toyota to flee into the evening. It’s a scene that’s been repeated dozens of times in...
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The logo for Land-o-lakes butter
AP News Staff
April 17, 2020 - 10:57 am
ARDEN HILLS, Minn. (AP) — The Native American woman who has graced the packaging of Land O’Lakes butter, cheese and other products since the late 1920s has quietly disappeared. Known as Mia, the woman was shown sitting in a serene landscape of lakes and woods. That landscape remains on the...
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In this Thursday, March 19, 2020, photo, a pedestrian walks past a storefront for rent on Madison Avenue, in New York. Long before there was a global pandemic, brick-and-mortar retailers struggled to resonate as shoppers increasingly made their purchases online. Now, they're faced with an even more daunting task of staying on people's minds and pocketbooks in the midst of the new coronavirus. (AP Photo/Mary Altaffer)
AP News Staff
April 15, 2020 - 7:43 am
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, a record drop as the viral outbreak closed down thousands of stores and shoppers stayed home. Sales fell sharply across many categories: Auto sales dropped 25.6%, while clothing store sales collapsed, sliding 50.5%. U.S. consumer...
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FILE - In this April 3, 2020, file photo, a car exits the drive-thru of a PNC Bank in downtown Scranton, Pa. Americans are beginning to see the first economic impact payments hit their bank accounts this week. The IRS tweeted Saturday, April 11, 2020, that it had begun depositing funds into taxpayers’ bank accounts and would be working to get them out as fast as it can. (Christopher Dolan/The Times-Tribune via AP, File)
AP News Staff
April 13, 2020 - 12:21 pm
Americans are beginning to see the first economic impact payments hit their bank accounts. The IRS tweeted Saturday that it had begun depositing the funds into taxpayers' bank accounts and would be working to get them out as fast as possible. The one-time payments were approved by Congress as part...
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FILE - In this Wednesday, March 18, 2020 file photo, Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns in New York. Americans are seeking unemployment benefits at unprecedented levels due to the coronavirus, but many are finding more frustration than relief. (AP Photo/John Minchillo, File)
AP News Staff
April 09, 2020 - 9:56 am
WASHINGTON (AP) — With a startling 6.6 million people seeking unemployment benefits last week, the United States has reached a grim landmark: More than one in 10 workers have lost their jobs in just the past three weeks to the coronavirus outbreak. The figures collectively constitute the largest...
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Artist rendition of the novel coronavirus
ffikretow / Getty
AP News Staff
April 06, 2020 - 7:51 am
A second U.S. company is poised to begin a small safety test of a vaccine against the new coronavirus. Inovio Pharmaceuticals said Monday that it has Food and Drug Administration permission for the study in 40 healthy volunteers in Philadelphia and Kansas City, Missouri. The study is a first step...
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Pat Marmo, owner of Daniel J. Schaefer Funeral Home, is interviewed in his body holding facility, hoping for assistance in handling the overflow of clients stemming from COVID-19 deaths, Thursday, April 2, 2020, in the Brooklyn borough of New York. Like many funeral homes in New York and around the globe, Marmo's business is in crisis. "This is a state of emergency," he said. "We need help." (AP Photo/John Minchillo)
AP News Staff
April 03, 2020 - 12:10 am
NEW YORK (AP) — Pat Marmo walked among 20 or so deceased in the basement of his Brooklyn funeral home, his protective mask pulled down so his pleas could be heard. “Every person there, they’re not a body,” he said. “They’re a father, they’re a mother, they’re a grandmother. They’re not bodies. They...
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FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. Mobile carrier T-Mobile has completed its takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The deal was announced two years ago and has taken a long time to close because of pushback from state and federal regulators.(AP Photo/Bebeto Matthews, File)
AP News Staff
April 01, 2020 - 1:52 pm
NEW YORK (AP) — Mobile carrier T-Mobile has completed the takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The companies announced the deal, valued at $31.6 billion based on T-Mobile's closing stock price Tuesday, two years ago. It has taken...
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