Shake Shack CEO Randy Garutti talks with Yahoo Finance about the state of the restaurant industry during the height of the coronavirus pandemic.
Microsoft founder and billionaire Bill Gates is spending billions of dollars on seven possible vaccines for the coronavirus, or COVID-19, in hopes of finding an end to the pandemic.
Stocks extended gains Monday as investors braced for another week of closely monitoring developments around the global coronavirus outbreak and policymakers’ responses to the pandemic.
Austria and the Czech Republic said Monday they plan to relax some restrictions imposed because of the coronavirus starting after Easter, getting ahead of their European counterparts as they announced proposals that would begin a slow return to normal life. The Austrian government said it aims to allow
New data from the New York Fed shows a "substantial deterioration" in consumer sentiment, as over 40% of respondents said they expect to be financially worse off a year from now.
SeaWorld Entertainment's chief executive has resigned only five months into his job, becoming the third leader of the theme park company to depart in just over two years, according to a company filing released Monday. Sergio Rivera cited his disagreement with the board of directors' involvement
As American insurers expand coverage for treatment related to the coronavirus, questions are arising about whether insurers will ask for federal aid and whether premiums for Americans will rise in 2021.
A bankruptcy court has approved the asset sale of one of the U.S.'s biggest dairy companies, Dean Foods. Dean Foods Co. got the go-ahead to sell $433 million worth of properties and interests to the Dairy Farmers of America. Dean filed for bankruptcy protection in November of last year.
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. Last month, the first safety
New York City's luxury housing market was already vulnerable, and now it has to deal with the coronavirus fallout.
'I am hoping that civility, humanity, empathy and the goal of improving America will break through. We have the resources to emerge from this crisis as a stronger country,' writes Jamie Dimon in his annual letter.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the work place and the spread of the virus. CENTRAL BANKS AND GOVERNMENT: Japanese Prime Minister Shinzo Abe is preparing to announce a
Japanese Prime Minister Shinzo Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday to bolster measures to fight the coronavirus, but that there will be no hard lockdowns. Abe also told reporters Monday that his government will launch a 108 trillion
At least three rockets hit near the site of an American oil field service company in southern Iraq early on Monday, Iraq's military said, the first such attack in recent months to target U.S. energy interests in Iraq. The rockets targeted the site of Halliburton in the Burjesia area in the oil-rich
Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis.
Italy’s fishermen still go out to sea at night, but not as frequently in recent weeks since demand is down amid the country's devastating coronavirus outbreak. An elderly fisherman sits on the dock in the harbor at Fiumicino, a Rome suburb. For one night, an Associated Press photographer accompanied
Dubai's state-backed developer Emaar said on Monday it sold an 80% share of its district cooling project around the Burj Khalifa, the world's tallest building, for $675 million as the city-state's property market suffers from the new coronavirus pandemic. The sale to Tabreed, also known