May 22, 2020

EasyJet founder loses bid to oust management in strategy showdown

EasyJet founder Stelios Haji-Ioannou failed in his attempt to oust the airline’s top three bosses on Friday, giving it a brief respite in its battle for […]
May 22, 2020

Hedge funds increased exposure to growth favorites in first quarter: Goldman

Hedge funds concentrated their portfolios even further into growth stocks including Amazon.com Inc and Microsoft Corp in the first quarter of 2020 as the COVID-19 pandemic […]
May 22, 2020

No U.S. state avoided job losses in April: Labor Department

Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as efforts to contain the coronavirus pandemic […]
May 22, 2020

Wall Street dips on U.S.-China tensions, economic woes

U.S. stock indexes moved in a flat-to-low range on Friday as simmering Sino-U.S. tensions weighed on markets struggling to gauge the pace of economic recovery from […]
May 22, 2020

Unemployment rose in all 50 U.S. states in April: Labor Department’s BLS

Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as efforts to contain the coronavirus pandemic […]
May 22, 2020

Exclusive: BP’s Looney halves top management roles in energy transition plan

BP is more than halving the size of its senior management team as part of Chief Executive Bernard Looney’s drive to make the 111-year-old oil company […]
May 22, 2020

GM delays resumption of second shift at three North American truck plants: source

General Motors Co is delaying the resumption of second shifts at truck assembly plants in Michigan, Indiana and Mexico because of a lack of parts from […]
May 22, 2020

Deere signals recovery as U.S. farmers to benefit from relief program

Deere & Co on Friday topped quarterly sales and profit estimates and forecast a smaller-than-expected fall in farm equipment sales for the year, signaling a recovery […]
May 22, 2020

Take Five: Coronavirus vaccine race is on

U.S. President Donald Trump has put his faith in anti-malarial drug hydroxychloroquine to ward off COVID-19, but governments and investors are focusing on a vaccine. Without […]
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