Trump defends $2.5B coronavirus request; Dems say it's low
NEW DELHI (AP) — President Donald Trump said Tuesday that the urgent $2.5 billion plan for coronavirus he sent to lawmakers will prepare the nation in case of an outbreak in the U.S.
China struggles to revive manufacturing amid virus outbreak
BEIJING (AP) — Factories that make the world’s smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China’s economy.
World shares mostly lower after Dow drops more than 1,000
Shares opened lower in Europe on Tuesday after a mixed session in Asia, where Tokyo's Nikkei 225 index skidded more than 3% as Prime Minister Shinzo Abe urged fresh efforts to contain the outbreak of a new virus that has spread from China to nearly three dozen countries.
Japan's ANA orders 20 more Boeing 787 Dreamliners
TOKYO (AP) — Japanese carrier ANA is ordering 20 Boeing 787 Dreamliner jets, bringing its fleet of the planes to 103 by 2025. The latest order will consist of 11 787-10 aircraft, set to go into service for Japan routes sometime between 2022 and 2024, ANA Holdings Inc.
EU to approve tough negotiating mandate for UK trade talks
BRUSSELS (AP) — European Union ministers are set to approve a tough mandate for its negotiations with the United Kingdom on a free trade deal in the wake of Britain's departure last month from the bloc.
Asian shares extend losses after Dow drops more than 1,000
Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.
TurboTax maker Intuit buying Credit Karma in $7.1B deal
Intuit is buying consumer finance company Credit Karma in a $7.1 billion cash and stock deal that will take it deeper into the financial products realm.
Airline, cruise stocks pummeled on fear of spreading virus
The stocks of American Airlines and several cruise lines were among the worst performers in the Standard & Poor’s 500 index Monday, as investors fret that the new coronavirus could take hold outside China and further disrupt international travel.
Fed's Mester says rate cut unnecessary to offset virus risks
WASHINGTON (AP) — A Federal Reserve official said Monday that she does not see a need to cut interest rates yet, even as worries about the viral outbreak that began in China caused global stock markets to plunge and some economists are penciling in a rate reduction by April.
Disinfecting wipes, conference calls: Wall Street winners
NEW YORK (AP) — Stay indoors and stay clean. That's what Wall Street is betting people around the world will do given all the fears about a rapidly spreading virus.
Supreme Court hears battle over Atlantic Coast Pipeline
The Supreme Court on Monday appeared ready to remove an obstacle to construction of the Atlantic Coast Pipeline, with a majority of justices expressing skepticism about a lower court ruling that tossed out a key permit needed for the natural gas pipeline to cross under the Appalachian Trail.
Pentagon adopts new ethical principles for using AI in war
The Pentagon is adopting new ethical principles as it prepares to accelerate its use of artificial intelligence technology on the battlefield.
Costs, delays scuttle 124-mile Constitution Pipeline project
ALBANY, N.Y. (AP) — The nearly $1 billion Constitution Pipeline project, which had been designed to take natural gas from Pennsylvania's shale gas fields to metropolitan New York and New England, has been abandoned after years of legal regulatory challenges made it economically unfeasible, a spokeswoman for project partner Duke Energy said Monday.
Virus outbreak chills markets, outlook for global economy
FRANKFURT, Germany (AP) — The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute.
OxyContin maker Purdue Pharma starts ad campaign for claims
OxyContin maker Purdue Pharma launched an ad campaign Monday to tell people harmed by their powerful prescription opioid where they can file claims against the company.
China’s Huawei debuts latest version of folding phone
LONDON (AP) — China’s Huawei unveiled its latest folding smartphone Monday and its first such device to be available internationally, competing in a niche category with new models from Samsung and Motorola.
Markets tank on concern about virus impact on world economy
BANGKOK (AP) — Shares skidded, oil prices sank and the price of gold surged on Monday as the number of people infected or killed by the viral outbreak that began in China surged, heaping more uncertainty on the economic outlook.
China promises companies aid, global virus cases rise
BEIJING (AP) — China's government promised tax cuts and other aid Monday to help companies recover from its virus outbreak while a spike in new cases in Iran, Italy and South Korea raised the prospect of wider disruption to tourism and other global industries.
AP FACT CHECK: Trump's tax fictions; Dem debate misfires
WASHINGTON (AP) — In their boisterous presidential debate, several Democrats sold short the health care plans of rivals and Mike Bloomberg distorted his position on the “stop and frisk" police strategy when he was New York City mayor.
Asian shares take hit as new virus cases jump outside China
BANGKOK (AP) — Shares skidded in Asia on Monday after reports of a surge in new virus cases outside China. The decline followed a sell-off Friday on Wall Street.
TSA halts employees from using TikTok for social media posts
WASHINGTON (AP) — The Transportation Security Administration said Sunday it has stopped allowing employees to use the China-owned video app TikTok to create social media posts for the agency after the Senate’s top Democrat raised concerns about potential national security issues.
Report says Intuit nearing $7 billion deal for Credit Karma
NEW YORK (AP) — Intuit Inc. is reportedly close to a $7 billion deal to acquire personal-finance portal Credit Karma Inc. and beef up its position in the consumer-finance market.
Virus closes doors at Armani, but other Milan shows go on
MILAN (AP) — The fashion crowd put a defiant face against the spread of a new virus, packing runway shows on the last big day of Milan Fashion Week on Sunday, even as Giorgio Armani made a last-minute decision to stream his latest collection from an empty theater out of concerns for guests' health.
US gas prices steady at $2.53 per gallon over past 2 weeks
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline remained steady at $2.53 per gallon over the past two weeks.
Spain closes airports on Canary Islands due to sand storm
MADRID (AP) — Spanish authorities said Sunday that they have closed airports on the Canary Islands because of a wind storm that is blinding the archipelago with sand and dust.