May 22, 2020

Wall Street Week Ahead: Investors look beyond drug makers as hunt for Covid-19 treatment heats up

Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for some pharmaceutical stocks. Powered by […]
May 22, 2020

Automaker trade backs U.S. on effort to weaken fuel efficiency rules

A group representing many major automakers on Friday backed the Trump administration’s decision to weaken Obama administration fuel efficiency standards but said it opposed further reductions […]
May 22, 2020

Wall Street ends mixed as China-U.S. tensions weigh

Wall Street ended mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged China-U.S. tensions and amid ongoing uncertainty […]
May 22, 2020

Delta to provide care kit containing masks to passengers

Delta Air Lines Inc said https://news.delta.com/complimentary-care-kits-provide-delta-customers-travel-safety-essentials on Friday a care kit containing a disposable face mask and a Purell hand sanitizer gel will be available on […]
May 22, 2020

Hong Kong tensions rattle world stock markets, oil tumbles

Oil prices tumbled and global equity markets fell on Friday as China’s move to impose a new security law on Hong Kong further strained U.S.-China relations […]
May 22, 2020

U.S. adding 33 Chinese companies, institutions to economic blacklist

The U.S. Commerce Department said on Friday it was adding 33 Chinese companies and other institutions to an economic blacklist for human rights violations and to […]
May 22, 2020

Explainer: How ending Hong Kong’s ‘special status’ could affect U.S. companies

New Chinese national security restrictions imposed on Hong Kong could draw a U.S. revocation of the former British colony’s “special status” under U.S. law, a move […]
May 22, 2020

Oil falls on China-U.S. tensions, energy demand doubts

Oil prices tumbled about 2% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis. Powered by […]
May 22, 2020

All 50 U.S. states shed jobs in April: Labor Department

Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as efforts to contain the coronavirus pandemic […]
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