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Global markets pick up after plunge on virus, oil

By Joe McDonald, Associated Press

Global stock markets rebounded Tuesday from record-setting declines after U.S. President Donald Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak.

Why Russia just torpedoed global oil prices

By Ryan Chilcote

For many of the oil-rich countries, 2020 was already off to a miserable start, but they took a beating on Monday-- a barrel of oil now costs half what it did at the beginning of the year. What happened?…

Detroit set to restore water service amid virus fears

By Corey Williams, Associated Press

Thousands of Detroit residents who have had their water service shut off due to nonpayment of bills can have it restored under a plan that aims to allow them to wash their hands at home as a way to prevent…

Amid virus outbreak, U.S. communities brace for disruption

As U.S. cases of COVID-19 rise, officials are stepping up efforts to control the outbreak's spread. Communities across the country are bracing for disruption, with many schools closing or holding remote classes. Also, two GOP congressmen who were with President…

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Dow drops 7.8% as free-fall in oil, virus fears slam markets

By Stan Choe, Alex Veiga, Associated Press

The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.

UBS Bank won't fund new offshore Arctic oil, gas projects

By Associated Press

The world's largest asset manager BlackRock urged companies in January to emphasize steps they are taking to combat climate change. Some have argued the new policies could hurt projects that Alaska relies on for future revenue.

Juul Labs sought to court state officials as teen vaping surged

By Matthew Perrone, Richard Lardner, Associated Press

The Associated Press uncovered the influence campaign by reviewing Juul's political donations and obtaining internal emails, meeting minutes and company records through open records requests to more than a dozen state attorneys general offices.

Stocks plunge, trading halted over global fight for crude production

By Joe McDonald, Associated Press

Trading in Wall Street futures was halted for this first time since the 2016 U.S. presidential election after they fell more than the daily limit of 5%.

Thousands prepare to get off ship hit by virus in California

By Olga R. Rodriguez, Christopher Weber, Associated Press

About 1,100 crew on the ship, 19 of whom have tested positive for the new virus, will be quarantined and treated aboard the ship, which will dock elsewhere, California Gov. Gavin Newsom said.