April 6, 2020

Coronavirus spread may be leveling off in New York, New Jersey; vigilance urged

The governors of New York and New Jersey pointed to tentative signs on Monday that the coronavirus outbreak was starting to plateau but warned against complacency […]
April 6, 2020

Wall Street soars on hopes of slowing coronavirus deaths

U.S. stocks rocketed higher on Monday, with each of the major indexes rallying at least 7%, after a fall in the daily death toll in New […]
April 6, 2020

Alaska warned U.S. government its largest regional airline was on verge of collapse: letter

Alaska’s congressional delegation warned U.S. Treasury Secretary Steven Mnuchin last week that many of its airlines, including its largest regional carrier, RavnAir Group, were on the […]
April 6, 2020

Airbnb secures $1 billion investment from Silver Lake, Sixth Street

Airbnb said on Monday private equity firms Silver Lake and Sixth Street Partners will invest $1 billion in the U.S. home rental company, bolstering its finances […]
April 6, 2020

Hit by coronavirus, Fiat Chrysler, Peugeot seek to boost cash before merger

With their sales hammered by the coronavirus outbreak, car makers Fiat Chrysler and Peugeot’s owner PSA have postponed their shareholder meetings and are looking at ways […]
April 6, 2020

Allstate to return $600 million in auto premiums as coronavirus cuts driving

Allstate Corp , one of the largest U.S. auto insurers, said on Monday it would return more than $600 million in premiums to customers as many […]
April 6, 2020

Boeing suspending 787 production at South Carolina plant

Boeing Co said on Monday it would suspend production of its 787 airplane at its facilities in South Carolina amid the coronavirus pandemic. Powered by WPeMatico
April 6, 2020

White House considering U.S. Treasury coronavirus bond: Kudlow

White House advisers have been discussing the possibility of a coronavirus-related U.S. Treasury bond, President Donald Trump’s economic adviser Larry Kudlow said on Monday. Powered by […]
April 6, 2020

NYSE in talks with SEC to ease listing rules during coronavirus volatility

The New York Stock Exchange said on Monday it was in talks with regulators to temporarily ease its listing requirements to take the strain off companies […]
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