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MONEY NEWS FROM THE ASSOCIATED PRESS

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  • Trump signs extension of COVID-relief fund for businesses

    WASHINGTON (AP) — President Donald Trump on Saturday signed into law a temporary extension of a subsidy program for small businesses battered by the coronavirus, The legislation extends the June 30 deadline for applying for the program to Aug. 8. Lawmakers created the program in March and have modified it twice since, adding money on […]
  • Across Sun Belt, hopes for economy give way to renewed fears

    ST. PETERSBURG, Fla. (AP) — At the beginning of March, Joey Conicella and Alex Marin were riding high. Their new Orlando restaurant, Hungry Pants, had drawn rave reviews. With revenue rising, they planned to hire more servers. Sunday brunch service was coming soon. That was just before the coronavirus struck suddenly, forcing them to close. […]
  • Stimulus money could pose dilemmas in nursing homes

    NEW YORK (AP) — Nursing home residents are among the Americans getting $1,200 checks as part of the U.S. government’s plan to revive the economy. But with many long-term care facilities under lockdown to prevent COVID-19 outbreaks, what are the rules around how the money is handled? The situation underscores the vulnerability of many elderly […]
  • The Latest: Barcelona basilica reopens for health workers

    BARCELONA, Spain — Barcelona’s iconic La Sagrada Familia basilica has reopened its doors for visits exclusively for health workers after nearly four months of being closed due to the coronavirus pandemic. The basilica invited a first group of health workers on Saturday to visit the temple designed by architect Antoni Gaudí. More will be able […]
  • Trump, Biden fight for primacy on social media platforms

    WASHINGTON (AP) — On an average day, President Donald Trump sends about 14 posts to the 28 million Facebook followers of his campaign account. His Democratic rival, Joe Biden, delivers about half that many posts to an audience of just 2 million. The numbers are similarly skewed in other spheres of the social media landscape. […]
  • Asia Today: 3,000 Australians in Melbourne in hard lockdown

    MELBOURNE, Australia (AP) — Australia’s Victoria state recorded 108 new coronavirus cases Saturday, forcing authorities to lock down nine public housing towers and three more Melbourne suburbs. Victoria Premier Daniel Andrews said 3,000 people in the housing towers will go into “hard lockdown,” meaning “there will be no one allowed in … and no one […]
  • Mexico reverses some openings as virus cases continue high

    MEXICO CITY (AP) — Mexico’s coronavirus outbreak rose by about 6,740 newly confirmed cases Friday for a second straight day, while 654 more deaths raised the country’s total to 29,843. The number of deaths is the sixth-highest highest in the world, and Mexico is just a few dozen from overtaking France for the fifth-highest death […]
  • As Texas reverses course on masks, GOP digs in on convention

    AUSTIN, Texas (AP) — As Texas began mandating face coverings Friday on the orders of Republican Gov. Greg Abbott, his party charged ahead with plans for a massive convention this month in Houston, magnifying the conflicting responses in the Texas GOP to a rampant resurgence of the coronavirus. Abbott, governor of America’s biggest red state, […]
  • Nigerian man charged with cyber fraud against US companies

    CHICAGO (AP) — A Nigerian national appeared in federal court in Chicago Friday accused of orchestrating an international cyber fraud scheme that federal prosecutors say defrauded U.S. businesses in six states out of tens of millions of dollars. Olalekan Jacob Ponle, 29, originally of Lagos, Nigeria, was arrested last month in the United Arab Emirates, […]
  • Second wave of virus closures wallops California restaurants

    LOS ANGELES (AP) — Homayoun Dariyani was training servers and cooks for his soon-to-open gourmet hamburger grill in March when California abruptly shut down dine-in restaurants to slow the spread of the coronavirus. After a three-month delay, Dariyani held the grand opening for Slater’s 50/50 on June 18 after the state allowed restaurants to operate […]