New home sales fall sharply as virus slows market
U S new home sales dropped 15.4 percent in March to a 627000 annual rate as the coronavirus disrupted activity. Median price eased to 321400, with regional declines led by the Northeast and West. Economists warn of further weakness, but see potential rebound as virus impacts wane. CSX quarterly profit slips 8 percent and outlook is withdrawn amid ongoing uncertainty.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Midwest
South
Ben Ayers
Nationwide
Omaha
Neb
CSX Corp
Jacksonville
Wall Street
Zacks Investment Research
CSX
Jim Foote
Standard & Poor
Reopening Florida theme parks may be slow and cautious
Universal Orlando official says reopening plans for Florida theme parks will be gradual with limited crowds and careful health screening. Gov DeSantis cites low hospitalizations as the state moves to lift safer at home orders while industry meetings weigh logistics, lines, cleaning, and staffing in a cautious restart.
MENTIONED IN THIS ARTICLE
Tallahassee
Fla
Florida
John Sprouls
Universal Orlando Resort
Sprouls
Ron DeSantis
DeSantis
Italy
New York
Universal
Orlando
Tampa
Themed Entertainment Association
AECOM
Disney World
SeaWorld
U.S
Abigail Disney
Walt Disney
Insurers face wave of lawsuits over Covid business losses
The Billy Goat Tavern in Chicago joins a surge of U S small firms and lawsuits seeking pandemic business interruption payouts. Insurers argue viral outbreaks are not covered, while business groups warn widespread insolvencies without coverage. Courts weigh whether the virus constitutes direct physical damage triggering policies.
MENTIONED IN THIS ARTICLE
Chicago
Michigan Avenue
John Belushi
Bill Murray
Billy Goat Tavern
Chris Esbrook
Landmark Tavern
Chicago Cubs
David A. Sampson
American Property Casualty Insurance Association
Insurance Association
Oklahoma
Los Angeles
Mark Geragos
Geragos
Hollywood Reporter
The
Esbrook
Donald Trump
Europe
Asia
United States
Pennsylvania Supreme Court
Also Mentioned on This Page
Roy Disney
Disney
John Raoux
Michigan Ave
Charles Rex Arbogast
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