April 30, 2020

Factbox: Warren Buffett, Berkshire Hathaway at a glance

Warren Buffett’s Berkshire Hathaway Inc’s annual meeting on May 2 will break with tradition and be held virtually, as the coronavirus pandemic halts large gatherings. Powered […]
April 30, 2020

Zoom participant numbers top 300 million despite growing ban list, shares hit record (April 23)

(This story corrects headline and first paragraph in April 23 story after company clarifies it had mistakenly termed the 300 million as users instead of meeting […]
April 30, 2020

Nissan plans to restart output at UK’s biggest car factory in June

Nissan will restart phased production in early June at its northern English Sunderland factory, Britain’s biggest car plant, as the sector tries to resume operations amid […]
April 30, 2020

Macy’s reopening 68 stores, targets all within six weeks as U.S. restrictions loosen

Macy’s Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more […]
April 30, 2020

S&P 500, Dow slip after grim jobless claims data

The S&P 500 and Dow Jones indexes dipped on Thursday as a grim U.S. jobless claims report took the shine off a strong month for stock […]
April 30, 2020

Fed to expand reach of ‘Main Street’ lending program

The U.S. Federal Reserve on Thursday widened a key program to nurse the “Main Street” economy through the coronavirus pandemic, agreeing to lend to even larger […]
April 30, 2020

U.S. economy may not need more stimulus to weather coronavirus hit: White House official

The U.S. economy may be able to weather the hit from the coronavirus with the stimulative policies already in the pipeline without the need for more […]
April 30, 2020

Twitter gains users, beats estimates but ad trends alarm investors

Twitter Inc on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected amid the coronavirus pandemic, but its shares fell as investors […]
April 30, 2020

ConocoPhillips to sharply cut oil production as low prices hit earnings

U.S. oil and gas company ConocoPhillips said on Thursday it would sharply reduce oil production in coming weeks, aiming to shut in 35% of its total […]
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