May 20, 2020

U.S. airlines step up safety measures in preparation for recovery

U.S. carriers JetBlue Airways Corp and United Airlines Holdings Inc announced fresh safety measures on Wednesday aimed at restoring confidence in travel as several executives pointed […]
May 20, 2020

Lowe’s says surging sales will not last

Lowe’s Cos Inc warned on Wednesday that high spending on do-it-yourself projects by people hunkered down at home due to coronavirus lockdowns would taper off in […]
May 20, 2020

Wall Street climbs as investors hold out for recovery; Nasdaq at 3-month high

Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from a coronavirus-fueled slump […]
May 20, 2020

OPEC chief says oil market responding well to record OPEC+ cut

OPEC is encouraged by a rally in oil prices and strong adherence to its latest output cut, its secretary general said, although sources say the group […]
May 20, 2020

AT&T shuts Venezuela subscription TV unit, citing U.S. sanctions

AT&T Inc said on Tuesday it was shutting its DirecTV subscription access to Venezuela due to U.S. sanctions, cutting off a key source of entertainment for […]
May 20, 2020

Harley plans to ship fewer models to U.S. dealers: WSJ

Harley-Davidson Inc is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, the Wall Street Journal reported on […]
May 20, 2020

Lowe’s sales surge as lockdowns spur home improvement spending

Lowe’s Cos Inc reported its biggest rise in quarterly same-store sales in at least 15 years on Wednesday, as people spent more on tools and paint […]
May 20, 2020

Renault to re-open its Sandouville plant on Friday: union source

French carmaker Renault will re-open its Normandy-based Sandouville plant in northwestern France on Friday, a trade union source told Reuters on Wednesday. Powered by WPeMatico
May 20, 2020

Deutsche Bank chairman to stand down in 2022

Deutsche Bank’s chairman Paul Achleitner said he intends to step down as chairman of the German lender when his term ends in 2022. Powered by WPeMatico
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