Business

FILE - In this June 8, 2020 file photo, a shopper departs a shoe store at CambridgeSide mall, in Cambridge, Mass. U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession. The Labor Department said Wednesday, June 10 that its consumer price index fell 0.1% last month after tumbling 0.8% in April and 0.4% in March. (AP Photo/Steven Senne, File)
July 14, 2020 - 8:44 am
WASHINGTON (AP) — U.S. consumer prices increased 0.6% in June, after three months of declines, with a big jump in gasoline prices accounting for over half of the gain. The Labor Department reported Tuesday that ithe increase in ts consumer price index followed declines of 0.4% in March, 0.8% in...
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Lee Myung-hee, the widow of former Korean Air Chairman Cho Yang-ho leaves the Seoul Central District Court in Seoul, South Korea, Tuesday, July 14, 2020. Lee received a suspended prison sentence Tuesday for assault and other abuses of her chauffeur, security guard and other employees in a case that extended a bizarre legal saga surrounding the company's founding family. (AP Photo/Ahn Young-joon)
July 14, 2020 - 8:18 am
SEOUL, South Korea (AP) — The widow of the former Korean Air chairman received a suspended prison sentence Tuesday for assault and other abuses of her chauffeur, security guard and other employees in a case that extended a bizarre legal saga surrounding the company’s founding family. The Seoul...
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July 14, 2020 - 7:34 am
NEW YORK (AP) — The coronavirus pandemic is weighing heavily on the financial health of JPMorgan Chase, as the nation’s largest financial company set aside billions in the second quarter to cover potential losses from all the businesses and consumers who are unable to pay their debts due to the...
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In a photo provided by Amazon, the company's smart shopping cart is seen in spring 2020 in Los Angeles. The cart, which Amazon unveiled Tuesday, July 14, 2020, uses cameras, sensors and a scale to automatically detect what shoppers drop in. It keeps a tally and then charges their Amazon account when they leave the store. No cashier is needed. (Amazon via AP)
July 14, 2020 - 6:24 am
NEW YORK (AP) — Amazon has a new cure for long supermarket lines: a smart shopping cart. The cart, which Amazon unveiled on Tuesday, uses cameras, sensors and a scale to automatically detect what shoppers drop in. It keeps a tally and then charges their Amazon account when they leave the store. No...
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A health worker collects a nasal swab from a woman for a coronavirus test in Rayong province, Thailand, Tuesday, July 14, 2020. Authorities set up testing for anyone concerned they might have come into contact with an Egyptian soldier who visited a shopping mall in Rayong last week and then tested positive for COVID-19. In Thailand, where there has been no reports of locally transmitted cases for seven weeks, health authorities were rushing to trace the contacts of two recent foreign arrivals in the country who were infected with the coronavirus and may have violated quarantine rules. (AP Photo/Sakchai Lalit)
July 14, 2020 - 5:49 am
NEW DELHI (AP) — India's number of coronavirus cases jumped by another 28,000 on Tuesday and are fast approaching 1 million. The 28,498 cases reported in the past 24 hours took the national total to 906,752. Cases have jumped by 100,000 in four days. The Health Ministry also reported another 553...
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FILE - In this Oct. 31, 2019, file photo, a man uses his smartphone as he stands near a billboard for Chinese technology firm Huawei at the PT Expo in Beijing. Huawei Technologies reported Tuesday, July 14, 2020, that its revenue grew 13.1% in the first half of the year compared with a year earlier, despite sanctions from the U.S and challenges from the coronavirus pandemic.(AP Photo/Mark Schiefelbein, File)
July 14, 2020 - 5:48 am
HONG KONG (AP) — Huawei Technologies reported Tuesday that its revenue grew 13.1% in the first half of the year compared with a year earlier, despite sanctions from the U.S and challenges from the coronavirus pandemic. Revenue rose to 454 billion yuan ($64.9 billion) in January-June compared to 401...
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FILE - In this Thursday, May 7, 2020 file photo, a construction worker passes a sign thanking the NHS in London, as the country in is lockdown to prevent the spread of coronavirus. The British economy grew by far less than anticipated during May, dampening hopes that the recovery from what is set to be one of the country’s deepest recessions in centuries will be rapid. The Office for National Statistics said Tuesday, July 14, 2020, that the economy grew by 1.8% in May from the previous month after some easing of the lockdown, such as encouraging those in construction or manufacturing to return to work. (AP Photo/Kirsty Wigglesworth, File)
July 14, 2020 - 5:20 am
LONDON (AP) — The British economy grew by far less than anticipated during May, dampening hopes that the recovery from what is set to be one of the country's deepest recessions in centuries will be rapid. The Office for National Statistics said Tuesday that the economy grew by 1.8% in May from the...
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A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, July 14, 2020. Asian shares fell Tuesday as skepticism set in about the recent upbeat mood on global markets, as newly confirmed coronavirus cases rose in the U.S., Brazil and parts of Japan. (AP Photo/Kin Cheung)
July 13, 2020 - 11:28 pm
TOKYO (AP) — Shares fell in Asia on Tuesday as skepticism set in about the recent upward momentum in global markets given rising confirmed coronavirus cases and percolating tensions between the U.S. and China. The White House’s decision to reject nearly all Chinese maritime claims in the South...
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A man wearing a mask to curb the spread of the coronavirus sits near a red lantern outside a restaurant in Beijing Monday, July 13, 2020. China reported eight new cases, all of them brought from outside the country, as domestic community infections fall to near zero. (AP Photo/Ng Han Guan)
July 13, 2020 - 10:17 pm
CAIRO — Yemen’s Houthi rebels are easing a variety of coronavirus restrictions amid a news blackout on the virus’ toll in their territory. The Houthi Cabinet announced late Monday it was allowing restaurants, wedding halls, public baths, parks and playgrounds to reopen. The statement encouraged...
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FILE - In this July 1, 2020, file photo, Abel Gomez waits for his order at Mariscos Linda food truck as dining tables are sealed off with caution tape due to the coronavirus pandemic in Los Angeles. California Gov. Gavin Newsom has extended the closure of bars and indoor dining statewide and has ordered gyms, churches and hair salons closed in most places as coronavirus cases keep rising. On Monday, July 13, 2020, Newsom extended that order statewide and closed additional parts of the world's fifth-largest economy, including indoor malls and offices for noncritical industries. (AP Photo/Jae C. Hong, File)
July 13, 2020 - 9:36 pm
SACRAMENTO, Calif. (AP) — Bars and inside restaurant dining are banned throughout California, while indoor religious services, gyms and hair and nail salons are again off-limits in most of the state, Gov. Gavin Newsom said Monday in issuing a sweeping set of closures to head off surging coronavirus...
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