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  • Catholic Diocese of Buffalo declares bankruptcy, looks to settle almost 250 child sex abuse lawsuits February 28, 2020
    FuzzMartin/iStock(BUFFALO, N.Y.) -- The Catholic Diocese of Buffalo declared bankruptcy as it looks to settle over 250 lawsuits filed under the state's modified Child Victims Act law."We have no more urgent work than to bring about justice and healing for those harmed by the scourge of sexual abuse," said Bishop Edward B. Scharfenberger, the apostolic […]
  • US stock markets continue to plunge over coronavirus uncertainty February 28, 2020
    narvikk/iStock(NEW YORK) -- The Dow Jones Industrial Average plummeted more than 900 points on Friday, as financial markets continue to plummet on uncertainty over the spread of the novel coronavirus.The Dow suffered its worst week since the financial crash of 2008.The S&P 500 and Nasdaq similarly declined Friday, both opening down by approximately 2%. The […]
  • How coronavirus has upended the travel industry February 28, 2020
    Mimadeo/iStock(NEW YORK) -- The novel coronavirus outbreak has already upended an entire industry, resulting in canceled flights, resorts on lockdown, and a deadly cruise ship quarantine. With the world bracing for a pandemic, experts say the travel sector should prepare for even more uncertainty ahead.The outbreak is expected to cost the airline industry alone nearly […]
  • What you need to know about New York's ban on plastic bags February 28, 2020
    Mercedes Rancaño Otero/iStock(NEW YORK) -- Plastic shopping bags are going the way of the dodo in New York.The state's ban on plastic bags, adopted last year by the Legislature, goes into effect March 1 and will impact things like groceries and department stores. New York joins California, Oregon and several cities including Boston and Seattle […]
  • Dow Jones plunges most since 2008 on coronavirus fears February 27, 2020
    D-Keine/iStock(NEW YORK) -- The Dow Jones Industrial Average plummeted 1,190 points, more than 4%, on Thursday as economic uncertainty over the spread of the novel coronavirus continued to rattle markets.The losses mark the worst week for the Dow since the financial crash of 2008. The S&P 500 and NASDAQ each also plunged by more than […]