Business News

Renault To Cut Nearly 15,000 Jobs

Jobs cuts come as company tries to save $2.2 billion over the next three years.

Trump calls for delay in Group of 7 meeting…

President Donald Trump says he will postpone a meeting of Group of 7 nations until fall

$10 billion bailout for Germany's Lufthansa…

German flagship airline Lufthansa has agreed to a compromise worked out between the government and European Union, overcoming a major hurdle toward final approval of a 9 billion-euro ($10 billion) bailout from Berlin

EasyJet To Cut 30% Of Its Workforce Amid…

EasyJet will soon start consulting with employees about the job cuts. It's also going to reduce the size of its fleet to cut costs even more.

AdChoices Icon

Greece clarifies policy, to allow tourists from all nations

Greek officials say the country won't limit arriving airline passengers next month to people coming from 29 countries

US cities fear protests may fuel new wave of…

Government leaders in the U.S. are warning that the massive protests following the police killing of a black man in Minneapolis could fuel a new surge in cases of the coronavirus

Walt Disney World To Begin Phased Reopening In…

Disney plans to reopen Magic Kingdom and Animal Kingdom on July 11. Epcot and Hollywood Studios will open their gates July 15.

Bazaar swabbed, tables spaced as Turkey eases restrictions

Workers in white coveralls and face masks have swept Istanbul’s Grand Bazaar with disinfectant as Turkey prepares to lift many remaining coronavirus restrictions

France Unveils $8.8 Billion Plan To Save Its Auto…

French President Emmanuel Macron said he wants to make France the leading producer of clean vehicles in Europe.

AP FACT CHECK: Trump vs. Twitter on truth and…

President Donald Trump and Twitter are tangling over truth and consequences

Trump strikes China over virus, Hong Kong and…

The rift between the United States and China is growing

AdChoices Icon

The Latest: Colombia to shut down Bogota…

The mayor of Colombia’s capital city Bogota is planning to shut down one of the city’s largest neighborhoods as cases there continue to rise

Trump vetoes bipartisan measure against DeVos…

President Donald Trump has vetoed a measure that would have overturned a policy that Education Secretary Betsy DeVos issued in 2019 making it harder for students to get their loans erased after being misled by their colleges

Asia Today: India to allow reopenings in some…

India is extending its lockdown in containment zones until June 30 but will allow economic activities to restart outside these areas even though coronavirus cases continue to rise in major cities

Master of cargo ship charged over Australia container spill

The ship master of a Singapore-registered vessel that spilled some of its cargo off the Australian east coast has been charged with damage of the marine environment and pollution The APL England was en route to Melbourne from China when rough seas caused 50 shipping containers to topple overboard last Sunday

Kylie Jenner, Forbes spar over story on…

Forbes magazine, which once declared Kylie Jenner a billionaire on its cover, says she no longer deserves the title

Large cruises banned in Canada at least until Oct. 31

Canada’s transport minister says large cruises will continue to be prohibited from operating in Canadian waters until at least Oct. 31 because of the coronavirus pandemic

Slaughterhouses reopen but farmers still euthanizing pigs

Meatpacking plants that had to briefly close due to coronavirus outbreaks have been back up and running for weeks, but production backlogs are forcing farmers to euthanize thousands of hogs that can't be processed, drawing complaints from animal welfare advocates

AdChoices Icon

How major US stock indexes fared Friday

The stock market erased an early drop and ended mixed Friday, capping a strong week and month

FDA finds contamination in several brands of diabetes drug

U.S. health regulators are telling five drugmakers to recall versions of a popular diabetes drug due to contamination with an ingredient linked to cancer

No rodeo festival dashes Wyoming city's hopes…

Many business owners in Wyoming's capital city were hopeful that an annual festival of rodeo and cowboy culture would go ahead this year despite the coronavirus