Retail and wholesale

In this undated photo provided by the office of the United States Attorney for the Eastern District of New York, a mannequin outfitted in personal protective equipment stands on a ladder in a Brentwood, N.Y., warehouse. Federal prosecutors say New York retailer Amardeep Singh has been charged with hoarding disposable masks, surgical gowns and hand sanitizer in the Long Island warehouse and selling the items at huge markups in violation of the Defense Production Act of 1950. (A Bagnuola/US Attorney's Office for the Eastern District of New York via AP)
1010 WINS Newsroom
April 24, 2020 - 3:26 pm
NEW YORK (AP) — Federal prosecutors charged a New York retailer Friday with hoarding tons of disposable masks, surgical gowns and hand sanitizer in a Long Island warehouse and selling the items at huge markups. Amardeep “Bobby” Singh, 45, was charged with violating the Defense Production Act of...
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Volkswagen cars stand at a parking area during the production restart of the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany, Thursday, April 23, 2020. Volkswagen starts with step-by-step resumption of production. The car company are completely converting the plant in Zwickau from 100 percent combustion engine to 100 percent electric. (AP Photo/Jens Meyer)
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April 23, 2020 - 6:40 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus. ________________________ ALTERED STATE OF RETAIL: Retail stores are largely closed across...
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In this April 16, 2020 photo people line up to purchase Pennsylvania made liquor at Pennsylvania Libations in Pittsburgh's Strip District. The Pennsylvania liquor control board closed the Pennsylvania state-owned stores that retail nearly all of Pennsylvania's liquor in March, driving up demand from the state's distilleries, which have been allowed to continue production and sales, although some report stockpiles are rapidly drying up. (AP Photo/Gene J. Puskar)
1010 WINS Newsroom
April 19, 2020 - 11:58 am
HARRISBURG, Pa. (AP) — The unparalleled decision a month ago to close the state-owned stores that sell nearly all of Pennsylvania's liquor and much of its wine prompted some people to drive across state lines to stock up, risking a misdemeanor charge. Although Ohio, West Virginia and Delaware have...
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In this , Friday, April 17, 2020 photo junior director Christine Lang of the "Wernecker brewery" stands in the brewhouse of the brewery in Werneck, Germany. Due to the impact of the coronavirus the traditional brewery has to close 400 years after its foundation. (AP Photo/Michael Probst)
1010 WINS Newsroom
April 19, 2020 - 9:07 am
WERNECK, Germany (AP) — The Werneck Brewery has survived a lot: world wars, economic crises and decades of declining beer consumption. But after 400 years in existence it has finally met a challenge it can't overcome: the coronavirus outbreak. The brewery, which traces its history to 1617 and has...
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In this April 15, 2020 photo, people wear facemasks to protect against the spread of the new coronavirus cleans as they ride an escalator at a shopping mall in Beijing. China has reported its biggest economic decline since the 1970s as it fought the coronavirus in the first quarter of the year. (AP Photo/Mark Schiefelbein)
1010 WINS Newsroom
April 17, 2020 - 5:00 am
BEIJING (AP) — China faces a drawn-out struggle to revive an economy that suffered its biggest contraction since possibly the mid-1960s after millions of people were told to stay home to fight the coronavirus. The world’s second-largest economy shrank by 6.8% from a year earlier in the quarter...
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A man looks at the closed sign in front of Illinois Department of Employment Security in Chicago, Wednesday, April 15, 2020. With half-a-million people bounced out of jobs in the past month because of the COVID-19 pandemic, Illinois' unemployment safety net has been stretched to the limit. (AP Photo/Nam Y. Huh)
1010 WINS Newsroom
April 16, 2020 - 3:39 pm
WASHINGTON (AP) — First, it was bars, restaurants, hotels. And clothing stores, movie theaters, entertainment venues. And countless small businesses, from bookstores to barber shops. Now, the record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries...
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Chicago Police officer Cheryl Clark, right, greets co-workers while she is waiting to get vital PPE from the World Vision in Chicago, Wednesday, April 15, 2020. One of Chicago's first responders World Vision is supplying personal protective equipment (PPE) for hundreds of members in the Chicago Police and Fire Departments and the Cook County Sheriff's Office at the World Vision Storehouse. (AP Photo/Nam Y. Huh)
1010 WINS Newsroom
April 15, 2020 - 10:59 pm
WASHINGTON (AP) — Government relief checks began arriving in Americans’ bank accounts as the economic damage to the U.S. from the coronavirus piled up Wednesday and sluggish sales at reopened stores in Europe and China made it clear that business won’t necessarily bounce right back when the crisis...
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Cars are parked in an auto dealer lot Wednesday, April 15, 2020, in Green Park, Mo. U.S. retail sales recorded a record drop in March, with auto sales down 25.6%, as the coronavirus outbreak closed down thousands of stores and shoppers stayed home. (AP Photo/Jeff Roberson)
1010 WINS Newsroom
April 15, 2020 - 5:32 pm
WASHINGTON (AP) — Evidence of the coronavirus' devastating impact on the U.S. economy has been steadily emerging, and the signs have grown ominous. Sales at stores and restaurants plunged in March by the largest amount on records dating back to 1992. The nation's industrial output fell by the...
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FILE - In this Oct. 14, 2019 file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building, in Boston. Bank of America Corp. reports financial results Wednesday, April 15, 2020. (AP Photo/Steven Senne, File)
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April 15, 2020 - 12:11 pm
NEW YORK (AP) — The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big financial hit from the coronavirus pandemic. JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Goldman Sachs raised the funds set aside for bad loans by...
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In this Thursday, March 19, 2020, photo, a pedestrian walks past a storefront for rent on Madison Avenue, in New York. Long before there was a global pandemic, brick-and-mortar retailers struggled to resonate as shoppers increasingly made their purchases online. Now, they're faced with an even more daunting task of staying on people's minds and pocketbooks in the midst of the new coronavirus. (AP Photo/Mary Altaffer)
1010 WINS Newsroom
April 15, 2020 - 9:48 am
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak forced an almost complete lockdown of commerce nationwide. The deterioration of sales far outpaced the previous record decline of 3.9% that took place during the depths of the Great...
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