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 […]
April 13, 2020

Trump: It’s my decision when to reopen U.S. economy

President Donald Trump said on Monday it was his decision when to reopen the U.S. economy, not that of state governors, but legal experts disagree and […]
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