2020-03-25 The Economy Shrinks with Shocking Speed
Three weeks ago, the car service company EmpireCLS was heading toward its second straight year of a growing business. Empire,…
2020-03-22 Coronavirus Concerns Wedding Industry
Concerns about the growing number of coronavirus illnesses in the United States and elsewhere has greatly affected the wedding industry.…
2020-03-19 Additional Measures to Stop Virus Weigh on Economy
In the United States, carmakers closed factories to protect workers against the new coronavirus and financial markets were again hard…
2020-03-18 Markets Make Some Investors Think Recession, Perhaps Depression
The coronavirus outbreak has sent shock waves through stock markets in the United States and around the world. Now, with…
2020-03-13 As Coronavirus Spreads, Service Workers Worry about Wages
The spread of the new coronavirus is affecting the work and pay of people around the world. A delivery driver…
2020-03-12 Saudi Arabia Orders Oil Production Capacity Increase
Saudi Arabia has directed the state oil company Aramco to increase its total possible oil production, or capacity. It announced…
2020-03-10 New Coronavirus Hurting World’s Economies
The fast-spreading new coronavirus is hurting the world’s economies, lowering production and limiting travel. On Monday, the New York Stock…
2020-03-06 Many Companies Suspending Business Trips Because of Coronavirus
Big companies are trying to keep their employees healthy by banning business trips. The decision, however, has been a hard…
2020-03-03 OECD Study: World Economy May Shrink Because of Coronavirus
A new report says the spreading coronavirus could make the world economy shrink during the first three months of 2020.…
2020-02-23 Palestinians Worry About Economic Effects of China’s Health Crisis
The economic effects of the new coronavirus outbreak have spread from China all the way to the West Bank city…
2020-02-19 Apple Lowers Sales Goals Because of Coronavirus Outbreak
Computer maker Apple is warning investors that it will not meet its three-month financial goal because of the coronavirus outbreak…
2020-02-18 US Companies Bought Fewer Robots in 2019
American companies put fewer robots in place during 2019 than they did the year before, Reuters news agency reports. That…
2020-02-09 Coronavirus Outbreak Could Harm Tourism Industry
Business experts had been expecting 2020 to be a good year for international tourism. They noted that trade tensions are…
2020-02-05 Hyundai to Halt Production Because of Coronavirus Outbreak
Hyundai Motor says it will suspend production in South Korea because of the coronavirus outbreak, which has affected the supply…
2020-01-31 Vietnam Has One of the Highest Rates of Consumer Savings
The market research company Nielsen reports that Vietnam has one of the world’s highest rates of consumer savings. But observers…