April 29, 2020

Exclusive: Chesapeake Energy preparing bankruptcy filing

Chesapeake Energy Corp , the oil and gas exploration and production company that was at the forefront of the past decade’s U.S. shale boom, is preparing […]
April 29, 2020

Facebook sees signs of stability in ad spending

Facebook Inc beat analysts’ estimates for quarterly revenue on Wednesday, and said it has seen signs of stability in ad spending during the first three weeks […]
April 29, 2020

Shares jump on coronavirus treatment hopes, oil soars

World stock markets rose sharply on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared. Powered […]
April 29, 2020

Canopy Growth Corp to lay off 200 employees

Canadian pot producer Canopy Growth Corp said on Wednesday it would lay off 200 employees in North America and the UK, according to an internal announcement […]
April 29, 2020

Coronavirus savages U.S. economy in first quarter; bigger hit still to come

The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel […]
April 29, 2020

Wall St. surges on promising coronavirus drug

U.S. stocks surged on Wednesday as expectations of an effective COVID-19 treatment prompted a broad rally and helped investors shrug off bleak GDP data and words […]
April 29, 2020

Top Boeing shareholder Vanguard voted against chair Kellner

Top Boeing Co shareholder Vanguard Group voted against the company’s chairman Lawrence Kellner, citing “control failures” under its audit committee after two 737 MAX plane crashes, […]
April 29, 2020

Wall Street uniform to get a new accessory – the face mask

Face masks, temperature checks and packaged sandwiches could all become part of the daily routine for bankers as their employers work out how to get them […]
April 29, 2020

Exclusive: Amazon turns to Chinese firm on U.S. blacklist to meet thermal camera needs

Amazon.com Inc has bought cameras to take temperatures of workers during the coronavirus pandemic from a firm the United States blacklisted over allegations it helped China […]
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