Business

Strand bookstore
Photo by Spencer Platt/Getty Images
WCBS 880 Newsroom
March 23, 2020 - 2:33 pm
The legendary Strand bookstore has laid off the vast majority of its employees.
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People walk outside the Marriott Long Wharf hotel, Wednesday, March 11, 2020, in Boston. Seventy of Massachusetts' first 92 confirmed coronavirus cases have been linked to a meeting of Biogen executives that was held at the hotel in late February 2020. For most people, the virus 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. The vast majority of people recover from the new virus. (AP Photo/Steven Senne)
AP News
March 22, 2020 - 1:45 pm
The rapid worldwide spread of the coronavirus since it was first revealed in China less than three months ago has dealt an unparalleled shock to the global economy. Following are weekend business developments related to the outbreak as governments attempt to stabilize their economies, companies...
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WWJ News
March 18, 2020 - 2:21 pm
Ford, General Motors and FCA will close all factories, the Associated Press is reporting. The details of the closures are expected to be released later Wednesday.
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Stew Leonard Jr.
Photo by Bryan Bedder/Getty Images for Martha Stewart Living Omnimedia
WCBS 880 Newsroom
March 17, 2020 - 8:06 pm
As the coronavirus outbreak has escalated over the past couple of weeks, there has been a rush of people filling stores to get food and other essentials.
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Macy's
Drew Angerer/Getty Images
WCBS 880 Newsroom
March 17, 2020 - 2:14 pm
Macy's is closing all of its stores in response to the coronavirus outbreak.
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Eldis Sula
March 17, 2020 - 1:26 pm
Chick-fil-A it is closing its dining room seating in restaurants across the nation amid coronavirus concerns. The company shared the news in a press release on Sunday, explaining that the move is temporary and attempt to limit contact.
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WCBS 880 Newsroom
March 16, 2020 - 8:11 pm
If you were looking to dine-in at your local McDonald’s anytime soon, you will have to try the drive-thru instead.
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Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House, Friday, March 13, 2020, in New York. (AP Photo/Mark Lennihan)
Associated Press
March 13, 2020 - 5:49 pm
NEW YORK (AP) — Wall Street roared back from its worst day in 30 years Friday with a broad rally that sent the Dow Jones Industrial Average nearly 2,000 points higher — its biggest point gain ever — after President Donald Trump declared the coronavirus pandemic a national emergency. Fueled by a...
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Empty Diner
mandy_hart/Getty Images
Peter Haskell
March 13, 2020 - 3:23 pm
Fear and uncertainty have people hunkering down at home and that means trouble for the city's restaurant business.
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, March 13, 2020. Shares have plunged in Asia, with Japan’s benchmark sinking 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. (AP Photo/Eugene Hoshiko)
Associated Press
March 13, 2020 - 12:30 am
BANGKOK (AP) — Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. Markets worldwide have retreated as fears of economic fallout from the coronavirus crisis deepen and...
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