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Health Care China virus and the economy

China virus and the economy

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Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

Locked in a trade war with the United States, China hardly needed any more economic trouble. But a new viral outbreak, centered around the industrial hub of Wuhan, has led economists to downgrade their outlook for the world’s second-biggest economy. Growth in China last year had already hit a 29-year low of 6.1%. That was partly because President Donald Trump imposed tariffs on $360 billion in Chinese goods in a conflict over Beijing’s drive to overtake America’s technological dominance. Now the coronavirus has paralyzed business in China. Wuhan and surrounding cities are on lockdown, isolating 50 million people.

Companies from Starbucks to General Motors have suspended operations. Other businesses that depend on Chinese imports are bracing for shortages of vital supplies. Oxford Economics estimates that the crisis will slow Chinese economic growth to 5.4% this year from the 6% it had previously estimated. Back in 2003, the SARS outbreak only temporarily disrupted Chinese economic output. But China is far more integrated now into global supply chains, and its share of global economic output is up

Latest News

An epidemiologist explains the new CDC guidance on 15 minutes of exposure and what it means for you

Ryan Malosh, University of Michigan The Centers for Disease...

Tarrant County reports 4 COVID deaths on Saturday

Tarrant County Public Health on Saturday, Oct. 24 reported four COVID-19 deaths. The deceased include two men in their 70s from Arlington...

Tarrant County reports 1 COVID death on Friday

Tarrant County Public Health on Friday, Oct. 23 reported one COVID-19 death. The deceased was a man from Fort Worth in his...

FDA approves first COVID-19 drug: antiviral remdesivir

By MARILYNN MARCHIONE AP Chief Medical WriterU.S. regulators on Thursday approved the first drug to treat COVID-19: remdesivir, an antiviral medicine given...

Profit, revenue slump at Union Pacific, but volume improves

By JOSH FUNK AP Business WriterOMAHA, Neb. (AP) — Union Pacific's profit and revenue slumped by double digits, though the volume of...