The number of Americans filing for unemployment benefits dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as companies […]
U.S. Secretary of State Mike Pompeo on Thursday warned American investors against ‘fraudulent’ accounting practices of China-based companies and said the Nasdaq’s recent decision to tighten […]
Slack Technologies Inc on Thursday withdrew its forecast for 2021 billings citing uncertainty driven by the COVID-19 pandemic, sending shares down 16% after market hours. Powered […]
Gap Inc on Thursday reported a whopping first-quarter loss of $932 million as the apparel retailer wrote down the value of some assets due to coronavirus-driven […]
American Airlines Group Inc shares jumped more than 40% on Thursday after announcing a big boost to U.S. flights next month following dramatic cuts caused by […]
Broadcom Inc on Thursday forecast current-quarter revenue, the mid-point of which was slightly below Wall Street estimates as its chip business was weighed down by the […]
Expectations that the global economy has dodged the worst-case scenarios for the coronavirus pandemic have led to a dramatic selloff in U.S. government bonds from their […]
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, […]