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Asian shares slide on fears virus will stunt global economy

Asian shares slide on fears virus will stunt global economy

AP

February 25, 2020 at 8:54 pm

TOKYO (AP) — Asian shares slid Wednesday following another sharp fall on Wall Street as fears spread that the growing virus outbreak will put the brakes on the global economy. Japan's benchmark N...

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Hot Pockets heir gets 5 months in prison for college scam

AP

February 25, 2020 at 3:24 pm | BOSTON (AP) — An heir to the Hot Pockets fortune was sentenced to five months in prison Tuesday for trying to cheat and bribe her daughters' way into school as part of a nationwide college admissions...

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'A world of hurt': 39 states to investigate Juul's marketing

AP

February 25, 2020 at 12:57 pm | HARTFORD, Conn. (AP) — A coalition of 39 states will look into the marketing and sales of vaping products by Juul Labs, including whether the company targeted youths and made misleading claims about ...

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Financial Markets Glance

AP

February 25, 2020 at 3:35 pm | Dow Jones Industrials High: 28,149.20 Low: 26,997.62 Close: 27,081.36 Change: —879.44 Other Indexes Standard&Poors 500 Index: 3128.21 —97.68 NYSE Index: 13,143.73 —390...

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Coronavirus poses tough challenge for economic policymakers

AP

February 25, 2020 at 3:34 pm | WASHINGTON (AP) — The fast-moving coronavirus isn’t just confounding health officials. It’s also bedeviling policymakers and central bankers who are struggling to assess the economic damage from an o...

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Iran says official who played down virus fears is infected

AP

February 25, 2020 at 11:35 am | DUBAI, United Arab Emirates (AP) — The head of an Iranian government task force on the coronavirus who had urged the public not to overreact about its spread has tested positive for the illness himse...

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JPMorgan to stop lending to coal companies, arctic drillers

AP

February 25, 2020 at 10:39 am | NEW YORK (AP) — JPMorgan Chase & Co. will no longer do business with coal companies and will restrict financing to companies that drill in the Arctic, the company announced Tuesday. The announce...

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Drugmaker Mallinckrodt reaches $1.6B opioid settlement

AP

February 25, 2020 at 8:23 am | The generic drugmaker Mallinckrodt has a tentative $1.6 billion deal to settle lawsuits over its role in the U.S. opioid crisis, it announced Tuesday. The deal is intended to end hundreds of laws...

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Virus outbreak keeps global markets in check

AP

February 25, 2020 at 6:25 am | LONDON (AP) — Share prices around the world, particularly in Japan, took a hit Tuesday amid mounting fears about the economic impact of the new coronavirus outbreak. An anticipated solid opening...

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