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Home » Business » Page 168

Business

Stocks rally as investors take heart on U.S. economic reopening plan

April 17, 2020
NEW YORK (Reuters) – Global stocks rallied on Friday on President Donald Trump’s plans to revive the coronavirus-hit U.S. economy and a report about a clinical trial for
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Business

Wall Street gains on Boeing surge and coronavirus drug hopes

April 17, 2020
(Reuters) – U.S. stocks rose on Friday and also posted gains for the week, boosted by a surge in Boeing shares, President Donald Trump’s plan to reopen the
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Business

Walmart to hire 50,000 more workers in coronavirus-driven hiring spree

April 17, 2020
(Reuters) – Walmart Inc (WMT.N) said on Friday it would hire 50,000 more workers at its stores, clubs and distribution centers to meet a surge in demand for
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Business

U.S. airlines sitting on $10 billion owed to consumers for canceled flights, lawmakers say

April 17, 2020
(Reuters) – U.S. airlines are estimated to be sitting on more than $10 billion in travel vouchers that should have been cash refunds from canceled flights, a group
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Business

Nasdaq proposes easing listing rules during coronavirus crisis

April 17, 2020
NEW YORK (Reuters) – Nasdaq Inc (NDAQ.O) has applied with the U.S. Securities and Exchange Commission to offer temporary relief to companies listed on its exchange with stock
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Business

T-Mobile wins final approval for closed merger with Sprint

April 16, 2020
WASHINGTON (Reuters) – California’s Public Utilities Commission (CPUC) voted on Thursday to approve the merger of wireless carriers T-Mobile US Inc (TMUS.O) and Sprint Corp, marking the final
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Business

S&P 500, Dow slip on grim earnings, coronavirus worries

April 16, 2020
(Reuters) – The S&P 500 and Dow Jones slipped on Thursday, giving up early gains as concerns about rough first-quarter earnings and lasting economic damage from the coronavirus
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Business

U.S. weekly jobless claims highlight economic carnage from coronavirus

April 16, 2020
WASHINGTON (Reuters) – A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, underscoring the deepening economic slump
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Business

Oasis and Warehouse enter administration: 200 jobs go, 1,800 more furloughed

April 15, 2020
High-street fashion chains Oasis and Warehouse have entered administration, with 200 staff losing their jobs immediately. Business services firm Deloitte, which is handling a collapse that was first
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Business

Chile's LATAM Airlines plans to suspend 2019 dividend due to coronavirus crisis

April 15, 2020
SAO PAULO (Reuters) – The board of South America’s largest carrier, LATAM Airlines Group (LTM.SN), plans to suspend a $57 million dividend payment tied to the company’s 2019
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