Business

FILE - This is an April 26, 2017, file photo showing Eli Lilly corporate headquarters in Indianapolis. Eli Lilly continues to back a potential COVID-19 treatment despite research showing that it may not work on hospitalized patients. The drugmaker said Tuesday, Oct. 27, 2020, that It remains confident that its drug may stop COVID from developing in other patients. (AP Photo/Darron Cummings, File)
October 28, 2020 - 1:09 pm
WASHINGTON — The U.S. government has agreed to buy initial doses of an experimental COVID-19 antibody drug from Eli Lilly that patients could receive if federal regulators allow it on an emergency basis. Lilly has asked the U.S. Food and Drug Administration to allow use of the drug in mild to...
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A woman holds a poster reading:'The culture dies' as she attends a protest of people working in the entertainment and event industry against the German government's economic policies to combat the spread of the coronavirus and COVID-19 disease and demand more support for their business, in Berlin, Germany, Wednesday, Oct. 28, 2020. (Photo/Markus Schreiber)
October 28, 2020 - 1:07 pm
BERLIN (AP) — German officials agreed to impose a four-week partial lockdown and the French government prepared to announce its own new restrictions Wednesday as European governments sought to stop a fast-rising tide of coronavirus cases sweeping the continent. The World Health Organization says...
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A pedestrian pass the New York Stock Exchange, Friday, Oct. 2, 2020, in New York. Stocks around the world are falling sharply Wednesday, Oct. 28, on worries the worsening pandemic will push governments to bring back restrictions on businesses. (AP Photo/John Minchillo)
October 28, 2020 - 10:48 am
NEW YORK (AP) — Stocks around the world are tumbling Wednesday on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy. The S&P 500 slumped 2.7% in morning trading on Wall Street, heading for a third straight loss. It’s already down 4.8% this week,...
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FILE - In this Jan. 25, 2011, file photo, is the Boeing Company logo on the property in El Segundo, Calif. China's government said Monday, Oct. 26, 2020, it will impose sanctions on U.S. military contractors including Boeing Co.'s defense unit and Lockheed Martin Corp. for supplying weapons to rival Taiwan, stepping up a feud with Washington over security and Beijing's strategic ambitions. (AP Photo/Reed Saxon, File)
October 28, 2020 - 10:37 am
Boeing will cut more jobs as it continues to bleed money and its revenue fades during a pandemic that has smothered demand for new airline planes. The company said Wednesday that it expects to cut its workforce to about 130,000 people by the end of next year, or 30,000 fewer than it began with in...
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FILE - In this Nov. 10, 2016, photo, people walk near a Microsoft office in New York. Microsoft says Iranian hackers have posed as conference organizers in Germany and Saudi Arabia in an attempt to spy on “high-profile” people using spoofed email invitations. The tech company said Wednesday, Oct. 28, 2020, it detected attempts by the hacking group it calls Phosphorus to trick former government officials, policy experts and academics. (AP Photo/Swayne B. Hall)
October 28, 2020 - 10:00 am
REDMOND, Wash. (AP) — Microsoft says Iranian hackers have posed as conference organizers in Germany and Saudi Arabia in an attempt to break into the email accounts of “high-profile” people with spoofed invitations. The tech company said Wednesday it detected attempts by the hacking group it calls...
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October 28, 2020 - 4:34 am
MILAN (AP) — Fiat Chrysler and PSA Peugeot on Wednesday confirmed progress toward their full merger to create the globe’s fourth-largest carmaker, with completion expected by the end of March 2021. The merger of the Italian-American car company with its French rival, agreed last year, is aimed at...
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Outdoor diners are seen dining outdoors in a laneway in Melbourne, Australia, Wednesday, Oct. 28, 2020. In Melbourne, Australia's former coronavirus hot spot, restaurants, cafes and bars were allowed to open and outdoor contact sports can resume Wednesday, emerging from a lockdown due to the coronavirus outbreak. (AP Photo/Asanka Brendon Ratnayake)
October 28, 2020 - 3:15 am
MELBOURNE, Australia (AP) — Coffee business owner Darren Silverman pulled his van over and wept when he heard on the radio that Melbourne’s pandemic lockdown would be largely lifted on Wednesday after 111 days. Silverman was making a home delivery Monday when the announcement was made that...
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Artist Suzanne Brennan Firstenberg walks among thousands of white flags planted in remembrance of Americans who have died of COVID-19, Tuesday, Oct. 27, 2020, near Robert F. Kennedy Memorial Stadium in Washington. Firstenberg's temporary art installation, called "In America, How Could This Happen," will include an estimated 240,000 flags when completed. (AP Photo/Patrick Semansky)
October 27, 2020 - 11:34 pm
UNITED NATIONS — The U.N. humanitarian chief is appealing for an additional $211 million to help Syria deal with the COVID-19 crisis. Mark Lowcock told the U.N. Security Council on Tuesday that the money is needed to maintain supply lines for health items, to improve water and sanitation in camps...
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FILE - In this Nov. 7, 2019, file photo, a Qatar Airways jet approaches Philadelphia International Airport in Philadelphia. Qatar apologized Wednesday, Oct. 28, 2020, after authorities forcibly examined female passengers from a Qatar Airways flight to Australia to try to identify who might have given birth to a newborn baby found abandoned at the airport earlier this month. (AP Photo/Matt Rourke, File)
October 27, 2020 - 11:25 pm
DUBAI, United Arab Emirates (AP) — Qatar apologized Wednesday after authorities forcibly examined female passengers from a Qatar Airways flight to Australia to try to identify who might have given birth to a newborn baby found abandoned at the airport earlier this month. Under pressure after...
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People wearing face masks walk past a bank's electronic board showing the Hong Kong share index in Hong Kong, Wednesday, Oct. 28, 2020. Asian shares headed lower Wednesday on worries about rising virus counts and Washington's inability to deliver more aid to the economy. (AP Photo/Kin Cheung)
October 27, 2020 - 10:50 pm
TOKYO (AP) — Asian shares headed lower Wednesday on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The uncertainty surrounding the upcoming U.S. election also has regional market players hesitant to make big moves. Japan's benchmark Nikkei 225 fell...
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