April 14, 2020

SoftBank shares fall 3.5% after flagging first financial year loss in 15 years

SoftBank Group Corp shares fell 3.5% on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the year […]
April 14, 2020

Oil gains as U.S. shale production set to fall sharply

Oil prices rose on Tuesday after a U.S. agency said shale output in the world’s biggest crude producer would fall by the most on record in […]
April 14, 2020

British American Tobacco under criminal probe by U.S. regulators: The Times

Lucky Strike cigarette maker British American Tobacco is under criminal investigation by U.S. regulators over suspected sanctions-busting, The Times reported https://bit.ly/2ydR5Wm on Tuesday. Powered by WPeMatico
April 14, 2020

U.S. airlines nearing acceptance of payroll aid plan: sources

Some large U.S. passenger airlines are close to accepting the terms of a $25 billion offer for government coronavirus payroll aid, with announcements possible as early […]
April 13, 2020

Amazon stops accepting new online grocery customers amid surging demand

Amazon will begin to put new grocery delivery customers on a wait list and curtail shopping hours at some Whole Foods stores to prioritize orders from […]
April 13, 2020

Dow, S&P 500 slide as focus shifts to earnings; Nasdaq gains

The Dow and S&P 500 fell on Monday after last week’s strong gains, as U.S. companies prepared to kick off a quarterly earnings season expected to […]
April 13, 2020

McDonald’s faces class action over ‘pervasive sexual harassment’

McDonald’s Corp has been hit with a class action lawsuit accusing it of subjecting female employees in its corporate-owned fast-food restaurants in Florida to widespread sexual […]
April 13, 2020

GE offers to buy back at least $9 billion in debt, plans new longer-maturities issue

General Electric Co offered on Monday to buy back at least $9 billion in debt as part of a plan to cut its financial risk and […]
April 13, 2020

Ford making masks to protect workers against COVID-19

Ford Motor Co said on Monday it is producing face masks at a Michigan plant to protect its workers from the coronavirus pandemic and is seeking […]
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