Economy

Flower shop owner Iris Leung wears her protective face mask as she delivers flowers with masks to customers on Valentine's Day in Hong Kong, Friday, Feb. 14, 2020. China has reported another sharp rise in the number of people infected with a new virus, as the death toll neared 1,400. (AP Photo/Vincent Yu)
February 14, 2020 - 9:23 am
BEIJING (AP) — The Latest on a new virus that originated in China (all times local): 8 p.m. Hong Kong’s leader unveiled a 25 billion Hong Kong dollar ($3.2 billion) fund on Friday to bolster efforts to fight the virus outbreak, as the city announced three new cases, bringing its total to 56. The...
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FILE - In this Jan. 22, 2020, file photo a person walks by a retail clothing store in Valley West Mall in West Des Moines, Iowa. On Friday, Feb. 14, the Commerce Department releases U.S. retail sales data for January. (AP Photo/Andrew Harnik, File)
February 14, 2020 - 8:35 am
WASHINGTON (AP) — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores. The Commerce Department said Friday that the January advance followed a 0.2% rise in sales in December. The...
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Democratic presidential candidate and former New York City Mayor Mike Bloomberg greets supporters after speaking at a campaign event in Raleigh, N.C., Thursday, Feb. 13, 2020. (AP Photo/Gerald Herbert)
Associated Press
February 14, 2020 - 7:30 am
WASHINGTON (AP) — Democratic presidential candidates hoping to revive their flagging campaigns increasingly took aim at Mike Bloomberg, blasting their billionaire rival for trying to buy his way into the White House and raising questions about his commitment to racial equality. Struggling to...
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File---Picture taken October 4, 2017 shows containers on a cargo ship in Hamburg, Germany. (Axel Heimken/dpa via AP)
February 14, 2020 - 6:40 am
FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday. The flat reading underlines the challenge facing the broader eurozone economy as it struggles against...
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FILE - In this Thursday, Sept. 11, 2014 file photo, an exterior view of a Royal Bank of Scotland (RBS) logo at their offices in London. The majority state-owned U.K. bank RBS announced a name change on Friday, Feb. 14, 2020 as it tries to leave behind its near-collapse during the 2008 financial crisis. The bank said it will now be known as NatWest Group PLC, shedding the 300-year-old Royal Bank of Scotland name. (AP Photo/Matt Dunham, file)
February 14, 2020 - 5:57 am
LONDON (AP) — The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financial crisis. The bank said it will now be known as NatWest Group Plc, shedding the 300-year-old Royal Bank of Scotland name. The Edinburgh-based...
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This photo taken on Monday Jan. 22, 2020 shows a gold miner holding gold in Kidal, Mali. A gold rush is underway in northern Mali in an area where al-Qaida-linked militants operate, raising concerns that new profits from the artisanal mining could benefit not only the local economy but also the Islamic extremists. A coalition of armed Tuareg rebels known as the CMA controls the Kidal region and its leaders are the ones overseeing the gold panning activities. (AP Photo/Baba Ahmed)
February 14, 2020 - 4:45 am
KIDAL, Mali (AP) — A gold rush is underway in an area of northern Mali where al-Qaida-linked fighters are active, raising concerns that profits from artisanal mining could benefit not only the local economy but also Islamic extremists. A coalition of armed Tuareg rebels known as the CMA controls...
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FILE - In this Oct. 31, 2019, file photo, a man uses his smartphone as he stands near a billboard for Chinese technology firm Huawei at the PT Expo in Beijing. The Justice Department has added new criminal charges against Chinese tech giant Huawei and two of its United States subsidiaries, accusing the company in a plot to steal trade secrets. The indictment from federal prosecutors was announced Thursday by federal prosecutors in Brooklyn. (AP Photo/Mark Schiefelbein, File)
February 14, 2020 - 3:52 am
WASHINGTON (AP) — The Justice Department has added new criminal charges against Chinese tech giant Huawei and several subsidiaries, accusing the company of a brazen scheme to steal trade secrets from competitors in America, federal prosecutors announced Thursday. The new indictment also alleges the...
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A worker wearing a protective suit reacts in front of an infrared temperature machine in the lobby of the Shanghai Stock Exchange building in Shanghai, China, Friday, Feb. 14, 2020. Asian shares mostly fell Friday as investors turned cautious following a surge in cases of a new virus in China that threatens to crimp economic growth and hurt businesses worldwide. (AP Photo)
February 14, 2020 - 3:38 am
TOKYO (AP) — Global shares mostly rose Friday despite continuing concerns about the virus outbreak that began in China and its possible impact on global growth. France's CAC 40 was little changed but inched up less than 0.1% in early trading to 6,096.07. Germany's DAX gained 0.1% to 13,762.53...
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FILE - In this Wednesday, Oct. 9, 2019 file photo, a construction worker stands in front of a door with the EU stars at EU headquarters in Brussels. The Brexit process shook the EU foundations and laid bare the need for much-delayed renovations, but tthe question now is where to start the revamp and who is going to foot the bill. (AP Photo/Virginia Mayo, File)
February 14, 2020 - 2:27 am
BRUSSELS (AP) — The Brexit drama shook the foundations of the European Union for years and laid bare the need for much-delayed political renovations at the 27-nation bloc. But now that Britain has finally left, where does the EU revamp even start and who is going to foot the bill? Those questions...
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In this Wednesday, Feb. 12, 2020, photo released by Maggie Zhang, Zhang uses a laptop computer at her parents' home in in the northwestern city of Zhangye in Gansu province. Zhang, founder of SheTalks, a company in Beijing that organizes events for women, is working out of her parents' apartment after she went back for the Lunar New Year and said she might stay through March. (Maggie Zhang via AP)
February 14, 2020 - 1:41 am
BEIJING (AP) — In the middle of a phone call with a customer, an important visitor knocks on Michael Xiong's door: his 3-year-old son. Xiong, a salesman in Chibi, a city near the center of a virus outbreak, is one of millions of people in China who are obeying government orders to work from home as...
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