Business

A sign notifying the availability of pasta in the wake of the coronavirus outbreak, outside Warwick Way Food & Wine in Victoria, London, Thursday March 19, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (Yui Mok/PA via AP)
Associated Press
March 19, 2020 - 2:31 pm
It was less than 11 weeks ago that the first cases of pneumonia were detected in Wuhan, China. The speed at which what would soon be named COVID-19, the disease caused by the new coronavirus, knocked the global economy askew is unparalleled in our lifetimes. Following are developments Thursday...
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United States Secretary of Energy Dan Brouillette gestures during an interview at the LNG terminal of the deepwater port of Sines after visiting the port, in Sines, southern Portugal, Wednesday, Feb. 12, 2020. The US government and american companies are expressing interest in the expansion of the port. (AP Photo/Armando Franca)
Associated Press
March 19, 2020 - 11:14 am
WASHINGTON (AP) — The Trump administration said Thursday it is seeking $3 billion from Congress to top up the country’s strategic petroleum reserves, potentially propping up U.S. oil producers after crude prices crashed globally. President Donald Trump had directed the Energy Department last week...
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Visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns, Wednesday, March 18, 2020, in New York. Applications for jobless benefits are surging in some states as coronavirus concerns shake the U.S. economy. The sharp increase comes as governments have ordered millions of workers, students and shoppers to stay home as a precaution against spreading the virus that causes the COVID-19 disease. (AP Photo/John Minchillo)
Associated Press
March 19, 2020 - 6:17 am
WASHINGTON (AP) — The number of Americans filing new claims for unemployment benefits surged last week by 70,000, indicating that the impact of the coronavirus was starting to be felt in rising layoffs in the job market. The Labor Department reported Thursday that applications for benefits, a good...
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FILE - In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the U.S, Federal Reserve System lies embedded in the floor at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve announced late Wednesday, March 18, 2020, that it will establish an emergency lending facility to help unclog a short-term credit market that has been disrupted by the coronavirus outbreak. The Fed said it will lend money to banks that purchase financial assets from money market mutual funds, including short-term IOUs known as commercial paper. (AP Photo/Andrew Harnik, File)
Associated Press
March 19, 2020 - 2:56 am
Washington (AP) — The Federal Reserve announced that it will establish an emergency lending facility to help unclog a short-term credit market that has been disrupted by the viral outbreak. The Fed said late Wednesday that it will lend money to banks that purchase financial assets from money market...
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A trader holds his hand to his head after trading was halted at the New York Stock Exchange, Wednesday, March 18, 2020, in New York. (AP Photo/Mark Lennihan)
Associated Press
March 18, 2020 - 7:54 pm
BANGKOK (AP) — Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street. Stocks fell in Tokyo, Sydney, Hong Kong and Seoul in early trading Thursday. Investors are in search of cash as fears of a prolonged coronavirus-induced recession...
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Las Vegas Mayor Carolyn Goodman introduces the worldwide premiere of the new Viva Vision light show featuring a six-minute musical montage of DJ/producer Steve Aoki's hits at the Fremont Street Experience on June 13, 2019
Ethan Miller/Getty Images
Mitch Kelly
March 18, 2020 - 4:41 pm
One day after Nevada Governor Steve Sisolak requested that all "non-essential" businesses in Nevada close for 30 days to help slow the spread of the coronavirus (COVID-19), Las Vegas Mayor Carolyn Goodman pleaded with the Governor to lighten up.
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FILE - In this Sept. 27, 2018, file photo a United Auto Workers assemblymen work on a 2018 Ford F-150 trucks being assembled at the Ford Rouge assembly plant in Dearborn, Mich. The United Auto Workers union wants Detroit's three automakers to shut down their factories for two weeks to keep its members safe from the spreading coronavirus. But union President Rory Gamble says in an email to members obtained by The Associated Press that the companies were not willing to shut factories down. (AP Photo/Carlos Osorio, File)
Associated Press
March 18, 2020 - 12:24 pm
Detroit (AP) — Ford and General Motors are confirming that they will temporarily close all of their North American factories due to the coronavirus threat. Fiat Chrysler will do the same, according to two people briefed on the matter Wednesday. Ford said its plants will shut down after Thursday...
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Logo for the Small Business Administration
SBA/Twitter
Mitch Kelly
March 17, 2020 - 3:00 pm
The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to all Nevada small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today.
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A man sits alone at a coffee shop area at a shopping centre in London, Tuesday, March 17, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Kirsty Wigglesworth)
Associated Press
March 17, 2020 - 10:53 am
Governments and central banks are scrambling to find ways to keep businesses from going bankrupt as the virus outbreak grinds the world economy to a halt. A day after Wall Street endured its worst daily drop since the crash of 1987, European markets wavered, as did U.S futures markets. There is...
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Caesars Palace
© Dorinionescu | Dreamstime.com
Mitch Kelly
March 17, 2020 - 5:54 am
As properties for MGM Resorts International and Wynn Resorts Ltd shut down along the Strip to prevent the spread of coronavirus, other companies say they will remain open.
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