April 28, 2020

Fears of surge in coronavirus death toll weigh on S&P, Nasdaq

The S&P 500 and Nasdaq indexes eased on Tuesday as scientists warned of an increase in U.S. coronavirus deaths if states lifted lockdowns too quickly, while […]
April 28, 2020

Southwest cuts Boeing jet deliveries after first quarterly loss in nine years

Southwest Airlines Co said on Tuesday it has agreed with Boeing Co to sharply cut its 737 MAX delivery schedule through 2021 and is reviewing its […]
April 28, 2020

Brent rises on easing lockdowns, U.S. crude falls amid storage shortage

Oil prices fell on Tuesday with U.S. crude leading the decline, falling about 3% as domestic stockpiles were expected to have risen closer to record highs […]
April 28, 2020

Bayer board wins back shareholder support as weedkiller talks continue

Bayer’s executive board won a clear vote of confidence from shareholders on Tuesday, following a rebuke last year over the handling of lawsuits related to a […]
April 28, 2020

Forget 2020, stock market optimists look at 2021 for buy signals

Shrugging off reams of terrible economic data, plunging oil prices and dire corporate profits, world stocks have recouped around half of this year’s coronavirus-linked losses as […]
April 28, 2020

U.S. senator urges criminal probe of Amazon.com ‘predatory data practices’

Senator Josh Hawley urged the Justice Department on Tuesday to open a criminal probe of Amazon.com Inc, saying the online retailer was building a monopoly using […]
April 28, 2020

S&P 500, Dow gain on upbeat corporate earnings, reopening hopes

The S&P 500 and Dow Jones indexes rose on Tuesday after a string of upbeat quarterly reports took the edge off a plunge in consumer confidence, […]
April 28, 2020

PepsiCo sees snacking boost as lockdowns hammer soda sales

PepsiCo warned on Tuesday surging demand for Lays and Doritos would only partially offset a hit to business in the second quarter from coronavirus lockdowns that […]
April 28, 2020

Mnuchin warns some U.S. firms could face criminal liability over coronavirus loans

The U.S. Treasury Department will audit every loan for more than $2 million given under the Paycheck Protection Program for businesses hurt by the coronavirus fallout, […]
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