June 16, 2020

Wall Street surges after record rise in May retail sales

U.S. stocks jumped on Tuesday after a record rise in May retail sales revived hopes of a swift post-pandemic economic rebound, with sentiment also lifted by […]
June 16, 2020

Stock tear higher on record U.S. retail sales rebound

Global stocks were back firing on all cylinders on Tuesday as a record rebound in U.S. retail sales and fresh support from the Federal Reserve and […]
June 16, 2020

U.S. retail sales post record increase; big hole remains

U.S. retail sales increased by the most on record in May after two straight months of sharp declines as businesses reopened, offering more evidence that the […]
June 16, 2020

More senior executives leave Embraer as dust settles over failed Boeing deal

Four senior executives are leaving Embraer SA , in addition to its commercial aviation chief, in the wake of a failed deal with Boeing Co and […]
June 16, 2020

Apple’s App Store, Apple Pay targeted by EU antitrust regulators

Apple on Tuesday found itself the target of two EU antitrust investigations into its App Store and Apple Pay as the bloc turned up the heat […]
June 16, 2020

Renault to cut 1,500 engineering jobs in France: union source

French carmaker Renault plans to cut 1,500 engineering jobs in France, a trade union source told Reuters on Tuesday. Powered by WPeMatico
June 16, 2020

Did elite David Boies law firm get a pandemic bailout? It’s a secret

When the U.S. government announced a multibillion-dollar bailout of struggling small businesses amid the coronavirus pandemic, one of the top U.S. law firms sensed an opportunity. […]
June 16, 2020

U.S. health insurers may balk at paying for coronavirus antibody testing

U.S. health insurers may balk at covering tests that look for coronavirus antibodies in some cases, arguing that employers or the government should foot a bill […]
June 16, 2020

Futures jump on stimulus hopes ahead of retail sales report

U.S. stock index futures jumped on Tuesday on hopes that aggressive fiscal and monetary stimulus would kick start an economy crushed by the COVID-19 pandemic, with […]
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