Dow climbs 456 points as oil stabilizes and small business funding nears
The Dow Jones Industrial Average climbed 456 points, or 1.99 percent, while the S&P 500 and Nasdaq Composite gained 2.29 percent and 2.8 percent, respectively.
The Dow Jones Industrial Average climbed 456 points, or 1.99 percent, while the S&P 500 and Nasdaq Composite gained 2.29 percent and 2.8 percent, respectively.
Financial tips for the COVID-19 pandemic
The coronavirus pandemic is impacting everyone differently. Here are some helpful tips to keep you financially stable during this difficult time.
The coronavirus pandemic is impacting everyone differently. Here are some helpful tips to keep you financially stable during this difficult time.
Amoeba Music struggling to stay afloat during COVID-19 crisis
Empty streets in Hollywood. The iconic Amoeba Music Store on Hollywood Boulevard is closed. A much different vibe from better days.
Empty streets in Hollywood. The iconic Amoeba Music Store on Hollywood Boulevard is closed. A much different vibe from better days.
Valley business owners react to Paycheck Protection Program as Senate approves additional funding
On Tuesday, the U.S. Senate approved another $310 billion to help small businesses struggling in the COVID-19 crisis.
On Tuesday, the U.S. Senate approved another $310 billion to help small businesses struggling in the COVID-19 crisis.
Head of Scottsdale business reacts to Trump's decision to suspend immigration temporarily
On Tuesday, President Donald Trump revealed immigration for those seeking permanent residence is halted for the next 60 days.
On Tuesday, President Donald Trump revealed immigration for those seeking permanent residence is halted for the next 60 days.
Trump's Mar-a-Lago furloughs 153 servers, cooks amid coronavirus pandemic
It isn't the only Trump resort in Florida to furlough workers.
It isn't the only Trump resort in Florida to furlough workers.
Senate approves $483B virus aid deal, sends it to House
Passage was swift and unanimous, according to the Associated Press.
Passage was swift and unanimous, according to the Associated Press.
Lyft to continue to operate at Sky Harbor Airport despite new rideshare fee structure
Officials with Lyft say the rideshare firm will continue to operate at Phoenix Sky Harbor Airport despite a new rideshare fee structure that was upheld by Arizona Supreme Court justices in early April.
Officials with Lyft say the rideshare firm will continue to operate at Phoenix Sky Harbor Airport despite a new rideshare fee structure that was upheld by Arizona Supreme Court justices in early April.
Dow tumbles 631 points as oil selloff deepens
The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.
The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.
AP: Publicly traded firms get $300M in small-business loans
The Paycheck Protection Program was supposed to help small businesses, which typically have less access to quick cash and credit.
The Paycheck Protection Program was supposed to help small businesses, which typically have less access to quick cash and credit.
Lord & Taylor explores bankruptcy during coronavirus pandemic as stores remain shut: Report
Neiman Marcus Group also plans to file for bankruptcy as soon as this week.
Neiman Marcus Group also plans to file for bankruptcy as soon as this week.
Congress’ $300B package for small businesses may only last days: report
Bank officials have reportedly warned that the $450 billion package to replenish the earlier small business emergency fund will likely run out of money in just a few days.
Bank officials have reportedly warned that the $450 billion package to replenish the earlier small business emergency fund will likely run out of money in just a few days.
Changes made to unemployment filings amid economic panic due to coronavirus pandemic
New numbers from the Department of Economic Security, show more than 72,000 people applied for unemployment insurance in the past week alone, the fifth week after the state's COVID-19 response began.
New numbers from the Department of Economic Security, show more than 72,000 people applied for unemployment insurance in the past week alone, the fifth week after the state's COVID-19 response began.
Kanye West, Chick-fil-A partner with LA Dream Center to serve 300K meals during coronavirus pandemic
Over 300,000 meals have been served through the Los Angeles Dream Center since mid-March — a feat the founder calls a "miracle of biblical proportions."
Over 300,000 meals have been served through the Los Angeles Dream Center since mid-March — a feat the founder calls a "miracle of biblical proportions."
Trump, Congress near deal on small business, hospital aid
The Trump administration and Congress expect an agreement Monday on a coronavirus aid package of up to $450 billion.
The Trump administration and Congress expect an agreement Monday on a coronavirus aid package of up to $450 billion.
Ilhan Omar introduces bill to cancel rent, mortgage payments during coronavirus pandemic
Legislation has been introduced that would cancel rent and mortgage payments for Americans during the coronavirus pandemic. This would be available to all Americans regardless of income or employment.
Legislation has been introduced that would cancel rent and mortgage payments for Americans during the coronavirus pandemic. This would be available to all Americans regardless of income or employment.
Garcetti warns of budget cuts, employee furloughs from COVID-19 pandemic during State of the City address
Delivering an unusual State of the City address in an unprecedented time of coronavirus social restrictions, Mayor Eric Garcetti on Sunday evening called for stepped-up federal funding for cities while warning that municipal services will be reduced due to spiraling revenue and many city employees will be furloughed for about a month.
Delivering an unusual State of the City address in an unprecedented time of coronavirus social restrictions, Mayor Eric Garcetti on Sunday evening called for stepped-up federal funding for cities while warning that municipal services will be reduced due to spiraling revenue and many city employees will be furloughed for about a month.
Disney suspends pay for 100,000 employees: report
Walt Disney Co. will stop paying more than 100,000 employees this week, nearly half of its workforce, as the world's biggest entertainment company tries to weather the coronavirus lockdown, it was reported Monday.
Walt Disney Co. will stop paying more than 100,000 employees this week, nearly half of its workforce, as the world's biggest entertainment company tries to weather the coronavirus lockdown, it was reported Monday.
Stocks slide as oil crashes below zero
U.S. equity markets slid Monday as oil crashed below zero and headed toward its lowest close since recordkeeping began in March 1983.
U.S. equity markets slid Monday as oil crashed below zero and headed toward its lowest close since recordkeeping began in March 1983.
Shake Shack to return $10M government loan
Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact.
Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact.