April 4, 2020

U.S. dairy farmers dump milk as pandemic upends food markets

Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening. Powered by WPeMatico
April 4, 2020

Tesla cuts contractors from California, Nevada factories: CNBC

Tesla Inc is cutting contractors from its U.S. car and battery plants, CNBC reported on Friday, citing workers and a contract staffing agency. Powered by WPeMatico
April 4, 2020

Wall Street Week Ahead: Investors look to coronavirus data to support stabilizing markets

Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks […]
April 4, 2020

Richmond Fed’s Barkin: Employment numbers to get worse before getting better

U.S. employment numbers will get worse amid the ongoing coronavirus outbreak before getting better, Richmond Federal Reserve President Thomas Barkin said in an interview with Bloomberg […]
April 3, 2020

OPEC+ debates biggest-ever oil cut, awaits U.S. efforts

OPEC and its allies are working on a deal for an unprecedented oil production cut equivalent to around 10% of global supply, an OPEC source said, […]
April 3, 2020

Exclusive: Amazon to delay marketing event Prime Day due to coronavirus

Amazon.com Inc is postponing its major summer shopping event Prime Day at least until August and expects potentially a $100 million hit from excess devices it […]
April 3, 2020

Wall Street falls as coronavirus ends record job growth

Wall Street’s main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end due […]
April 3, 2020

Italy looks to safeguard biomedical valley leading fight against COVID-19

Italy plans to tighten health checks to ensure that work is not disrupted in a small northern town specialising in the production of medical supplies to […]
April 3, 2020

Amid confusion, U.S. small business bailout program off to rocky start

A flood of loan applications from coronavirus-hit businesses inundated lenders on Friday as the U.S. government launched its $349 billion bailout fund for small and midsize […]
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