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Northern Star

Northern Illinois University’s student news organization since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

China turns to internet for food supplies amid virus fears

By JOE McDONALD | February 18, 2020

BEIJING (AP) — Wang Feng, house-bound by China’s virus outbreak, counts on the parka-clad delivery drivers of e-commerce giant JD.com to keep her kitchen stocked.Demand for online food vendors has surged since China’s government told the public...

US stocks post small gains, major indexes up for the week

By ALEX VEIGA | February 14, 2020

Wall Street closed out a wobbly day of trading Friday with the major stock indexes notching their second straight weekly gain.The S&P 500 and Nasdaq eked out tiny gains, good enough to nudge each to an all-time high for the fourth time this week....

Feds probing how personal Medicare info gets to marketers

By RICARDO ALONSO-ZALDIVAR | February 14, 2020

WASHINGTON (AP) — A government watchdog is launching a nationwide probe into how marketers may be getting seniors’ personal Medicare information aided by apparent misuse of a government system, officials said Friday.The audit will be formally announced...

Solid earnings send stock indexes higher on Wall Street

By ALEX VEIGA | February 12, 2020

Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs.Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest...

Global stock turn higher as investors watch virus impact

By JOE McDONALD | February 11, 2020

BEIJING (AP) — Global stock markets turned higher on Tuesday, at least temporarily shaking off jitters about China's virus outbreak.Indexes in London and Frankfurt advanced in Europe, while Shanghai, Hong Kong and Seoul closed higher. Tokyo fell for...

Utah sends employees to Mexico for lower prescription prices

By LINDSAY WHITEHURST | February 9, 2020

SALT LAKE CITY (AP) — Ann Lovell had never owned a passport before last year. Now, the 62-year-old teacher is a frequent flier, traveling every few months to Tijuana, Mexico, to buy medication for rheumatoid arthritis — with tickets paid for by the...

China scrambles to keep cities in virus lockdown fed

By JOE McDONALD | February 8, 2020

BEIJING (AP) — The manager of the Wushang Mart in Wuhan, the locked-down city at the heart of China’s virus outbreak, says its shelves are loaded with 50% more vegetables and other food than usual to reassure jittery customers.Communist leaders are...

Economic impact of virus widens as Ericsson exits trade show

By The Associated Press | February 7, 2020

BEIJING (AP) — More than a month after the outbreak of China's deadly virus, the economic damage is being felt by more businesses and is threatening the outlook for the global economy.In a report Friday, the Federal Reserve warned that the virus represents...

Green tea party? State licenses Boston’s 1st marijuana shop

By PHILIP MARCELO | February 6, 2020

BOSTON (AP) — Boston’s first retail pot shop and Massachusetts’ first minority-owned marijuana business was approved Thursday, more than a year after the first shops opened elsewhere in the state.The state’s Cannabis Control Commission on Thursday...

Global stocks surge after Trump acquitted, China virus aid

By JOE McDONALD | February 6, 2020

Global stocks rose Thursday after U.S. President Donald Trump was acquitted in an impeachment trial and China cut tariffs on U.S. imports and provided aid to businesses reeling from a virus outbreak.European markets were up modestly, while Tokyo, Hong...

Hyundai halts Korea output as China outbreak fallout spreads

By PAUL WISEMAN and ANNE D'INNOCENZIO | February 4, 2020

WASHINGTON (AP) —Hyundai Motors is suspending production in South Korea, a sign that the economic fallout from China's viral outbreak is spreading.For other companies bracing for losses from coronavirus, the damage has so far been delayed, thanks to...

Virus blocks 3 Chinese brands from Milan Fashion Week

By COLLEEN BARRY | February 4, 2020

MILAN (AP) —Italian fashion officials on Tuesday forecast a nearly 2% drop in first-half revenues due to the virus emerging from China, which also is preventing three Chinese fashion houses from traveling to Milan Fashion Week later this month.Chinese...