Nation/World Business

NEW YORK (AP) — The economic toll of China’s viral outbreak continues to mount for corporations based in and outside of the country as factories are shuttered and consumer behavior is altered measurably. On Thursday Alibaba, the first major Chinese company to report quarterly earnings since the emergence of the coronavirus, said the outbreak “is…

SEOUL, South Korea–(BUSINESS WIRE)–Feb 14, 2020– The , hosted by the Seoul Metropolitan Government and organized by Seoul Business Agency (SBA) aimed at finding innovative solutions to urban problems by inviting global innovators, culminated with the awards ceremony on the 6th, according to the Seoul Metropolitan Government. This press release features multimedia. View the full…

By KELVIN CHAN LONDON (AP) — Two big Japanese companies are the latest to pull out of a major European technology show due to fears over the outbreak of the new coronavirus. Electronics manufacturer Sony and mobile phone carrier NTT DoCoMo said Monday they’re scrapping their appearances at Mobile World Congress, the world’s biggest mobile…

By PAUL WISEMAN, ANNE D’INNOCENZIO and DAVID KOENIG WASHINGTON (AP) — Chinese authorities are struggling to strike a delicate balance between containing a viral outbreak and restarting the world’s second-biggest economy after weeks of paralysis. As the death toll from the newly named COVID-19 illness topped 1,000, global supply chains remain widely disrupted for businesses…

NEW YORK–(BUSINESS WIRE)–Feb 11, 2020– , a business communications agency that helps innovative companies change the world, announces the appointment of Dana Ferrell to Managing Director (MD) of the Raleigh office. Former Raleigh MD and agency principal Kerry Henderson will retire after a 25-year-career with the agency. This press release features multimedia. View the full…

By The Associated Press ___ US housing construction jumps 16.9% in December WASHINGTON (AP) — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry. The Commerce Department reported Friday…

NEW YORK–(BUSINESS WIRE)–Jan 17, 2020– Powering personalization and curation for e-commerce sites via its proprietary technology, Snap+Style Business (S+SB), the leading omnichannel retail technology platform for personalized shopping experiences, announced today its collaboration with REVOLVE Group, Inc. (NYSE:RVLV), the next generation fashion retailer for Millennial and Generation Z consumers, to drive sales growth and improve…

By The Associated Press ___ US, China deal aims to simmer long-running trade tensions WASHINGTON (AP) — The United States and China have signed what’s being called a first phase trade agreement aimed at lowering tensions in the long-running dispute between the world’s two biggest economies. The deal signed at the White House on Wednesday…

JENNA FRYER DAYTONA BEACH, Fla. (AP) — Sebastien Bourdais spent a day in early November helping IndyCar iron out the wrinkles on its newest safety innovation. He’d been chosen to test the new windscreen cockpit protection because of his experience, his ability to offer technical feedback and his methodical approach in a race car. Later…

By The Associated Press ___ Oil price keeps rising as industry eyes Iran-US conflict PROVIDENCE, Rhode Island (AP) — The global benchmark for crude oil has risen above $70 a barrel for the first time in over three months. Analysts believe the U.S. economy can withstand this jump in oil prices without a serious hit…