Asian stock markets are mixed after Wall Street gained as U.S. legislators wrangled over a proposed $2 trillion virus aid package

The double-barreled approach of a $1 trillion proposed fiscal stimulus program and Federal Reserve policy could help soften the blow of an economic recession and head off a potential financial crisis.

Amazon says it needs to hire 100,000 people across the U.S. to keep up with a crush of orders as the coronavirus spreads and keeps more people at home, shopping online

From shoes and T-shirts to dolls and tote bags, more companies and brands are getting into the business of Black History Month but trying not to leave the impression that African American consumers are important just once a year, according to NBC News.

Barneys New York, which once reigned in the world of high fashion, officially shut down its stores. The iconic department store retailer, founded in 1923, closed up shop on Feb. 23 and more than 700 employees its flagship store on Madison Avenue, its Chelsea location and its outlet at Woodbury Common in Central Valley were expected to lose their jobs….

Deere & Co. had a surprisingly strong first quarter after an extended period in which the tractor and construction equipment maker was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports,” CEO John May said…

Apple Inc. is warning investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones.

Stuck in a sales slump, Macy’s is shrinking to grow. The department store chain announced Tuesday it plans to shut 125 stores over the next three years and slash about 2,000 corporate jobs, as it closes its Cincinnati headquarters and tech offices in San Francisco. Macy’s said it plans to exit weaker shopping malls, and instead shift its focus toward…

Macy’s announced they will be shuttering 125 stores over the next three years, exiting struggling malls and focusing on building smaller stores in strip centers.

Beauty retailer Sephora has big growth plans, at a time when many businesses are shutting their doors for good.

New York City lawmakers have voted to require stores and restaurants to take cash as payment

Facebook says it’s banning “deepfake” videos as it steps up efforts to fight online manipulation. The social network said Monday it’s beefing up its policies to remove the the false but realistic clips created with artificial intelligence. The company said the new rules won’t include parody or satire, or clips edited just to change the order of words. The exceptions...

Former Uber CEO Travis Kalanick is resigning from the board of directors, severing ties with the ride-hailing company that he co-founded a decade ago and ran until a series of scandals led to his downfall. The departure, announced Tuesday, did not come as a surprise. Kalanick recently sold more than $2.5 billion worth of stock in the company, or more…

Britain’s bumpy journey out of the European Union took a major turn Tuesday, as Prime Minister Theresa May handed the steering wheel to Parliament, giving lawmakers the power to slam on the brakes and divert Britain away from a disruptive and chaotic Brexit. Bowing to pressure from within her own government to avert a damaging “no-deal” Brexit, May told legislators...

Parents Andrew Pollack, Ryan Petty and Max Schachter said Runcie’s discipline policies contributed to a former student killing 17 people at the school on Feb. 14.

Two business associates of Michael Flynn, President Donald Trump’s former national security adviser, were charged Monday with illegally lobbying for Turkey as part of a campaign to pressure the United States to expel a Turkish cleric. Bijan Kian and Ekim Alptekin are accused in an indictment of conspiring to “covertly and unlawfully” influence U.S. public opinion and politicians, all while...

Special Counsel Robert Mueller on Tuesday filed a heavily redacted sentencing memo in the Michael Flynn case, calling his cooperation “substantial.”

The Trump administration’s new health insurance option offers lower premiums for small businesses and self-employed people, but the policies are likely to cover fewer benefits....
Another caveat: if healthy people flock to the new plans as expected, premiums will rise for those who need comprehensive coverage....
President Donald Trump and Labor Secretary Alex Acosta rolled out their final blueprint for “association health...

Warner Bros. is cracking down on local Harry Potter fan festivals around the country, saying it’s necessary to halt unauthorized commercial activity.

Claire’s Stores Inc., the popular accessories chain, is preparing to file for bankruptcy, according to a Bloomberg report. The company did not immediately comment on the report.