May 19, 2020

Airlines say ticket cancellations slowing but demand recovery still distant

Top U.S. airlines and Air Canada on Tuesday reported slower ticket cancellations and an improvement in bookings on some routes, sending their shares higher, though executives […]
May 19, 2020

S&P 500 flat after mixed retail earnings

The S&P 500 was largely unchanged on Tuesday, after a strong rally in the prior session, as investors sifted through a mixed batch of results from […]
May 19, 2020

Fiat Chrysler’s loan request raises doubts about 5.5 euro billion dividend

Italy could look into Fiat Chrysler’s planned 5.5 billion euro ($6 billion) payout as part of its merger with Peugeot after the Italian-American carmaker asked for […]
May 19, 2020

Exclusive: Exxon revives sale of stake in giant Azeri oilfield

Exxon Mobil has relaunched the sale of its stake in Azerbaijan’s largest oilfield, the company said on Tuesday, as banking and industry sources said the move […]
May 19, 2020

Walmart sales surge at stores and online on coronavirus-led demand

Walmart Inc exceeded Wall Street expectations with its quarterly revenue and earnings on Tuesday and reported record U.S. online sales after consumers rushed to stock up […]
May 19, 2020

Trump administration awards contract to make COVID-19 drugs in U.S

U.S. President Donald Trump’s administration awarded a contract worth up to $812 million for a new U.S. company to manufacture drugs and drug ingredients to fight […]
May 19, 2020

As coronavirus crushes small restaurants, big chains see room to move in

Prime storefronts left empty by failed businesses. Cheaper or even flexible rents. Landlords willing to add drive-thru lanes. Powered by WPeMatico
May 19, 2020

Home Depot misses profit estimates as coronavirus costs weigh

Home Depot Inc missed estimates for quarterly profit on Tuesday, as the home improvement chain spent about $850 million on benefits for employees keeping its stores […]
May 19, 2020

Few U.S. oil and gas firms return small-business COVID-19 loans

U.S. securities filings show that only four of 12 listed oil and gas companies that received emergency government aid made available for small businesses said they […]
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