Business

Clade Karim takes a take out order over the phone for Falafel House in downtown Grandin on Monday night, March 30, 2020. Karim is friends with the owner and is a self proclaimed volunteer helper for the restaurant. (Heather Rousseau/The Roanoke Times via AP)
SKY News
March 31, 2020 - 5:22 pm
NEW YORK (AP) — Small businesses seeking loans through the government's $2 trillion coronavirus relief package could receive money as soon as Friday. That prediction came Tuesday from senior administration officials who spoke to reporters about the details of the loan program. Companies will be...
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An employee of a bank wearing a face mask watches the computer monitors at the foreign exchange dealing room in Seoul, South Korea, Tuesday, March 31, 2020. Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak. (AP Photo/Lee Jin-man)
SKY News
March 30, 2020 - 11:36 pm
TOKYO (AP) — Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak. Japan's benchmark Nikkei 225 rose 0.8% in morning trading to 19,243.91. Australia's S&P/ASX 200 added 2.0% to...
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Linda DeFrancesco stocks shelves with her farm's own salsa, spreads, veggies and salsa at DeFrancesco Farm Stand in Northford, Conn., Thursday, March 26, 2020. Businesses across the state are worried about the impact of the coronavirus, even the ones considered "essential" like farmers' markets and garden centers. The farm stand opens Saturday at 10 a.m. (Dave Zajac/Record-Journal via AP)
March 30, 2020 - 4:14 pm
NEW YORK (AP) — When will the money arrive? That's the urgent question for small business owners who have been devastated by the coronavirus outbreak. They're awaiting help from the $2 trillion rescue package signed into law Friday. But with bills fast coming due, no end to business closings and an...
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FILE - In this March 26, 2020 file photo, President Donald Trump speaks about the coronavirus in the James Brady Briefing Room, in Washington. Trump on Friday, March 27, invoked the Defense Production Act after claiming that General Motors wasn't moving fast enough to make much-needed ventilators in response to the coronavirus pandemic. Yet experts on managing factory production say GM is already making an extraordinary effort for a company that normally isn't in the business of building ventilators. (AP Photo/Alex Brandon, File)
SKY News
March 30, 2020 - 7:11 am
DETROIT (AP) — Twelve days ago, General Motors put hundreds of workers on an urgent project to build breathing machines as hospitals and governors pleaded for more in response to the coronavirus pandemic. But President Donald Trump, claiming the company wasn't moving fast enough, on Friday invoked...
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President Donald Trump speaks before he signs the coronavirus stimulus relief package in the Oval Office at the White House, Friday, March 27, 2020, in Washington. Listening are from left, Larry Kudlow, White House chief economic adviser, Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, R-Ky., and House Minority Leader Kevin McCarty of Calif. (AP Photo/Evan Vucci)
SKY News
March 27, 2020 - 11:02 pm
WASHINGTON (AP) — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law Friday, after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help struggling families during the deepening...
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In this image provided by Jay Woods, Woods, a Designated Market Maker with IMC and NYSE Floor Governor, who normally works on the New York Stock Exchange trading floor, works in his home office in Basking Ridge, N.J., Thursday, March 26, 2020. Stocks are opening lower on Wall Street, Friday, March 27, as the market gives back some of the gains it piled up over the past three days. (Shannon Woods/Courtesy Jay Woods via AP)
SKY News
March 27, 2020 - 5:22 pm
Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being caused by the coronavirus. The S&P 500 closed 3.4% lower, but still climbed 10.3% for...
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In this Tuesday, March 24, 2020, photo, Keisha Henry poses for a portrait inside her lounge and catering business in New Orleans. Henry said she lost about $10,000 in revenue last week after three big functions she was slated to cater ended up canceling. Meanwhile, she still has expenses related to launching a bar and lounge six months ago. Henry said she regrettably had to lay off several employees.(AP Photo/Gerald Herbert)
March 25, 2020 - 5:04 pm
NEW ORLEANS (AP) — Barely a week ago, David McGraw was cooking daily for hundreds of fine diners at one of New Orleans’ illustrious restaurants. Today, he’s cooking for himself, at home — laid off along with hundreds of thousands of people across the U.S. in a massive economic upheaval spurred by...
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In this image provided by Jonathan Corpina, Jonathan Corpina, Senior Managing Partner at Meridian Equity Partners Inc., who normally works on the New York Stock Exchange trading floor, works in his home office in Armonk, NY., Wednesday, March 25, 2020. Stocks are wobbling in tentative trading Wednesday as a historic, worldwide rally downshifts dramatically after just a day. (Danielle Corpina/Courtesy Jonathan Corpina via AP)
SKY News
March 25, 2020 - 4:59 pm
NEW YORK (AP) — Stocks scored their first back-to-back gains Wednesday since a brutal sell-off began five weeks ago, but much of an early rally faded late in the day as a last-minute dispute threatened to hold up a $2 trillion economic rescue package in Congress. The S&P 500 rose 1.2%, bringing...
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Staff inspect medical equipments at an emergency hospital set up amid the new coronavirus outbreak in Jakarta, Indonesia, Monday, March 23, 2020. Indonesia has changed towers built to house athletes in the 2018 Asian Games to emergency hospitals with a 3,000-bed capacity in the country's hard-hit capital, where new patients have surged in the past week. (Hafidz Mubarak A/Pool Photo via AP)
March 23, 2020 - 5:07 am
PARIS (AP) — The hunt for ventilators and other medical supplies consumed the U.S. and Europe on Monday, as new coronavirus infections soared and political paralysis stalled efforts for a quick aid package from Congress. Asian markets and U.S. futures both sank as more governments tightened...
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In this image from video, Senate Majority Leader Mitch McConnell, R-Ky., speaks on the Senate floor at the U.S. Capitol in Washington, Saturday, March 21, 2020. (Senate Television via AP)
March 22, 2020 - 1:13 am
WASHINGTON (AP) — Top-level negotiations between Congress and the White House are pushing toward resolution on a ballooning $1 trillion-plus economic rescue package, as President Donald Trump urged a deal to steady a nation shuttered by the coronavirus pandemic. With a population on edge and...
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