Top Business News
04/02/20 8:43 AM
U.S. stocks index futures gave up early gains on Thursday after the number of Americans filing claims for unemployment benefits topped a whopping 6 million as more jurisdictions enforced stay-at-home measures to curb the coronavirus.
04/02/20 8:37 AM
Southwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid to help it ride out the sharp drop in travel demand caused by the massive lockdowns because of the coronavirus pandemic.
04/02/20 8:37 AM
The number of Americans filing claims for unemployment benefits last week shot to a record high for a second week in a row - topping 6 million - as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
04/02/20 8:36 AM
Ukraine has taken to Twitter to ask Elon Musk to send it ventilators after the billionaire chief executive of Tesla Inc offered to ship them across the world during the coronavirus pandemic.
04/02/20 8:34 AM
Aerospace suppliers are drawing up plans to lay off workers as coronavirus quarantines cripple their cash balances - but bailout conditions and fears of losing critical skilled labor are forcing managements to juggle survival and future growth.
04/02/20 8:32 AM
As audit season begins for British companies, some auditors stuck at home in coronavirus lockdown are turning to cameras to check clients' inventories, plant and equipment for compiling annual accounts.
04/02/20 8:15 AM
Germany is in talks to provide Lufthansa with billions of euros in state aid and could take a stake in the airline, which has grounded more than 90% of its fleet due to the coronavirus pandemic, people close to the matter said.
04/02/20 8:11 AM
Investment managers BlackRock and Schroders said they have suspended trading in UK real estate funds aimed at institutional investors, citing difficulty in getting an accurate price for their assets.
04/02/20 8:10 AM
World stocks were mixed on Thursday, as the death toll from coronavirus rose and economic pain deepened, with another record week of jobless claims expected in the United States.
04/02/20 8:00 AM
Boeing Co Chief Executive Dave Calhoun said on Thursday the coronavirus pandemic was going to have a lasting impact on the global aerospace industry, as he outlined steps for a voluntary layoff plan for employees.