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Stocks surge after Federal Reserve makes emergency rate cut

By Damian J. Troise, Associated Press

U.S. stocks jumped Tuesday after the Federal Reserve made an emergency rate cut to help support the economy from the impact from the virus outbreak.

Australia cuts interest rate to record low to fight novel coronavirus impact

By Rod McGuirk, Associated Press

Before the COVID-19 outbreak, the slowdown in the global economy that started in 2018 appeared to be coming to an end. Now, economists fear the virus will drag down global growth.

Chris Matthews retires from MSNBC, cites comments to women

By Associated Press

The host opened his show Monday evening by saying he was retiring from the network and apologizing for comments he made to women.

Drug maker Sandoz Inc. to pay $195 million fine in antitrust case

By Marcy Gordon, Associated Press

Officials said Monday the company would admit guilt and pay the penalty. They said it was the largest fine the department had levied in a domestic antitrust case.

Guyana elects leader as vast oil boom dawns

By Bert Wilkinson, Associated Press

Members of the governing multiparty coalition led by retired army general David Granger and supported mainly by descendants of Africans brought to Guyana as slaves say they will be better stewards of the country's newfound wealth. …

Dow surges 5% following a 7-day loss over virus fears

By Alex Veiga, Associated Press

The Dow Jones Industrial Average surged nearly 1,300 points, or 5%, on hopes that central banks will take action to shelter the global economy from the effects of the coronavirus outbreak.

Former GE CEO Jack Welch dies at 84

By Associated Press

Welch became one of the nation's most well-known and highly regarded corporate leaders during his two decades as GE's chairman and chief executive, from 1981 to 2001.

World economy may shrink because of virus, watchdog says

By Associated Press

The last time world GDP shrank on a quarter-on-quarter basis was at the end of 2008, during the depths of the financial crisis.

Virus outbreak batters economies, raises fear of spread

By Foster Klug, Associated Press

Amid fears about where the next outbreak of a fast-spreading new virus would appear, infections and deaths continued to rise across the globe Sunday, emptying streets of tourists and workers, shaking economies and rewriting the realities of daily life.

Joe Coulombe, founder of popular Trader Joe's markets, dies

By John Rogers, Associated Press

Joe Coulombe envisioned a new generation of young grocery shoppers emerging in the 1960s, one that wanted healthy, tasty, high-quality food they couldn’t find in most supermarkets and couldn’t afford to buy in the few high-end gourmet outlets.