April 1, 2020

Dow falls 600 points to start second quarter as virus anxiety grows

The Dow Jones fell 600 points on Wednesday as investors fled to safe-haven assets after new orders for U.S.-made goods plunged to an 11-year low and […]
April 1, 2020

Fiat Chrysler hopes discounts, web can juice dormant auto sales

With auto showrooms shut during the coronavirus pandemic, Fiat Chrysler Automobiles NV on Wednesday reported a 10% drop in U.S. quarterly sales and moved to juice […]
April 1, 2020

Whiting files for Chapter 11 bankruptcy as oil prices hover at $20

U.S. shale producer Whiting Petroleum Corp said on Wednesday it filed for Chapter 11 bankruptcy, the first major casualty of a free fall in crude prices […]
April 1, 2020

T-Mobile completes merger with Sprint

T-Mobile US Inc said on Wednesday it officially completed the merger with Sprint Corp , solidifying its postion as the No.3 wireless providers in the U.S. […]
April 1, 2020

U.S. construction spending unexpectedly falls in February

U.S. construction spending unexpectedly fell in February and could decline further as the coronavirus pandemic wreaks havoc on the economy. Powered by WPeMatico
April 1, 2020

U.S. factory activity contracts in March; orders tumble to 11-year low: ISM

U.S. manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low, […]
April 1, 2020

U.S. dollar gains as steep global economic slump looms

The dollar advanced on Wednesday, with markets staring at what looked likely to be one of the worst economic contractions in decades as the world confronts […]
April 1, 2020

Equities drop as evidence mounts of deep global recession

World equity markets began the new quarter with steep losses on Wednesday as evidence mounted that the coronavirus pandemic was sending the global economy into a […]
April 1, 2020

Kroger comparable sales surge 30% in March, borrows $1 billion

Kroger Co’s comparable sales surged about 30% in March as consumers cleared off shelves in preparation for a lockdown due to the coronavirus pandemic and had […]
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