Consumer products and services

A man sits alone at a coffee shop area at a shopping centre in London, Tuesday, March 17, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Kirsty Wigglesworth)
March 17, 2020 - 12:53 pm
Governments and central banks are scrambling to find ways to keep businesses from going bankrupt as the virus outbreak grinds the world economy to a halt. A day after Wall Street endured its worst daily drop since the crash of 1987, European markets wavered, as did U.S futures markets. There is...
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FILE- In this Nov. 29, 2019, file photo customers shop at a Kohl's store in Colma, Calif. Retail sales fell 0.5% in February 2020 indicating the consumer sector was slowing even before the coronavirus struck with force in the United States. The Commerce Department reported Tuesday, March 17, 2020 that the February drop in sales followed a solid 0.6% gain in January. (AP Photo/Jeff Chiu, File)
March 17, 2020 - 8:19 am
WASHINGTON (AP) — Retail sales fell 0.5% in February, indicating the consumer sector was slowing even before the coronavirus struck with force in the United States. The Commerce Department reported Tuesday that the February drop in sales followed a solid 0.6% gain in January. The February decline...
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A worker completes an electric car ID.3 body at the assembly line during a press tour at the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, eastern Germany, Tuesday, Feb. 25, 2020. Volkswagen are completely converting the plant in Zwickau from 100 percent combustion engine to 100 percent electric. Around 100,000 electric models are to be produced in Zwickau as early as next year. (AP Photo/Jens Meyer)
March 17, 2020 - 8:13 am
FRANKFURT, Germany (AP) — Volkswagen said Tuesday it would close most of its European plants for two weeks due to uncertainty about demand for cars and supplies of parts amid the virus outbreak and said it wasn't possible to give a reliable outlook for this year's profits. The company said, however...
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A cleric and a woman pray behind a closed door of Masoume shrine in the city of Qom, some 80 miles (125 kilometers) south of the capital Tehran, Iran, Monday, March 16, 2020. On Monday, Iran closed the Masoume shrine, a major pilgrimage site in the city of Qom, the epicenter of the country's new coronavirus outbreak. Authorities were already restricting access and barring pilgrims from kissing or touching the shrine, but it had remained open. (AP Photo)
March 17, 2020 - 7:02 am
TEHRAN, Iran (AP) — Iran issued its most dire warning yet Tuesday about the outbreak of the new coronavirus ravaging the country, suggesting “millions” could die in the Islamic Republic if the public keeps traveling and ignoring health guidance. A state television journalist who also is a medical...
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A customer wearing a face mask as a precaution against the new coronavirus, stands next to an empty shelf at a supermarket in Lima, Peru, Monday, March 16, 2020. Peruvian President Martin Vizcarra has declared a state of emergency, ordering citizens to stay in their homes and temporarily suspending certain constitutional rights, to contain the spread of coronavirus. According to the World Health Organization, most people recover in about two to six weeks from the new coronavirus, depending on the severity of the illness. (AP Photo/Rodrigo Abd)
March 16, 2020 - 10:19 pm
The Latest on the coronavirus pandemic, which has infected more than 182,000 people and killed more than 7,100. The COVID-19 illness causes mild or moderate symptoms but most people, but severe symptoms are more likely in the elderly or people with existing health problems. More than 79,000 people...
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FILE - In this May 8, 2019, file photo, New Zealand's Reserve Bank Governor Adrian Orr speaks to the media in Wellington, New Zealand. New Zealand's central bank on Monday, March 16, 2020 cut the benchmark interest rate to a record low 0.25%. The cut of 0.75% came outside of the bank's normal schedule for changing rates. The Reserve Bank of New Zealand said in a statement that the negative impact of the pandemic on the New Zealand economy will be significant. For most people, the new coronavirus causes only mild or moderate symptoms. For some, it can cause more severe illness, especially in older adults and people with existing health problems. (AP Photo Nick Perry, File)
March 16, 2020 - 9:56 pm
WELLINGTON, New Zealand (AP) — New Zealand's government said Tuesday it would spend billions of dollars supporting hard-hit companies as it tries to shore up an economy headed for recession because of the coronavirus. The stimulus package is equivalent to 4% of GDP. A large chunk of the new...
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A man wearing a mask talks to a solider checking vehicles entering Caracas, Venezuela, Monday, March 16, 2020. President Nicolás Maduro ordered Sunday residents in the capital of Caracas and six states to stay home under a quarantine in a bid to control the spread of the coronavirus According to the World Health Organization, most people recover in about two to six weeks from the virus, depending on the severity of the illness. (AP Photo/Ariana Cubillos)
March 16, 2020 - 8:20 pm
SAN CRISTOBAL, Venezuela (AP) — Nicolás Maduro’s government on Monday banned gasoline sales in two states as part of a broader lock-down to stem panic buying by Venezuelans accustomed to hoarding basic goods whenever there’s a hint of turmoil. But his orders, which explicitly prohibit lines outside...
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A closed sign is posted to the entrance of the Musée Mécanique penny arcade at Fisherman's Wharf Monday, March 16, 2020, in San Francisco. Officials in six San Francisco Bay Area counties issued a shelter-in-place mandate Monday affecting nearly 7 million people, including the city of San Francisco itself. The order says residents must stay inside and venture out only for necessities for three weeks starting Tuesday in a desperate attempt by officials to curb the spread of the novel coronavirus. (AP Photo/Eric Risberg)
March 16, 2020 - 7:52 pm
SAN FRANCISCO (AP) — Officials in six San Francisco Bay Area counties issued a sweeping shelter-in-place mandate Monday affecting nearly 7 million people, ordering residents to stay at home and go outside only for food, medicine and outings that are absolutely essential. The order says residents...
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A parking lot attendant walks through a typically full parking lot now largely empty over people staying home due to the worldwide coronavirus pandemic in Dubai, United Arab Emirates, Monday, March 16, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (AP Photo/Jon Gambrell)
March 16, 2020 - 4:24 pm
Global markets and businesses big and small opened the week to a landscape seemingly altered by the coronavirus pandemic. National retail chains have closed all stores. Banks are taking steps to keep cash on hand, lots of it. Markets in Asia, Europe and the U.S. are plunging. Following is a quick...
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People wait in a line to enter a gun store in Culver City, Calif., Sunday, March 15, 2020. Coronavirus concerns have led to consumer panic buying of grocery staples, and now gun stores are seeing a similar run on weapons and ammunition as panic intensifies. (AP Photo/Ringo H.W. Chiu)
March 16, 2020 - 1:24 pm
BOISE, Idaho (AP) — The world's largest gun store, in metro Atlanta, has had lines that are six and eight people deep. A gun store in Los Angeles had lines that stretched down the block. And at least one store in Idaho put limits on sales after its shelves were nearly cleared out. Just as grocery...
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