In coronavirus pandemic, Warren Buffett sells some Delta, Southwest airlines stock
Shares of both airlines plunged in after-hours trading Friday......»»
Coronavirus drives Under Armour to furlough 6,600 US workers
The temporary layoffs will impact about 6,000 employees at Under Armour’s full-price and discount outlet stores, and about 600 workers at its U.S. distribution centers. The changes take effect on April 12......»»
Coronavirus oil plunge leads Trump to offer storage until prices recover
Oil prices have sunk as the pandemic plunged demand and a price war exasperated the situation......»»
Coronavirus forces Delta Air Lines to burn $60M per day as flights are grounded
Delta expects second-quarter revenue to be down 90 percent......»»
In coronavirus pandemic, Lockheed Martin hires nearly 1,000 workers
Additionally, Lockheed Martin is looking to fill another 5,000 open positions......»»
Stocks tumble as unemployment spikes on coronavirus layoffs
U.S. equity markets fell for the day and week as the economy lost more jobs than expected......»»
3M working to meet Trump"s demands for more masks
The FDA-approved masks are desperately needed by health care employees working to combat the coronavirus pandemic in the U.S......»»
Varney: Pelosi"s coronavirus oversight is "politics at its worst"
FOX Business' Stuart Varney during his latest "My Take” argues Speaker Pelosi's coronavirus oversight is designed to make "corporations, banks, and the president look bad right before the election.".....»»
Oil soars as OPEC plans peace talks on price war
Oil prices surged on word OPEC and its allies will hold a virtual meeting on Monday......»»
Stocks slide after dismal jobs report
U.S. equity markets fell as the economy lost more jobs than expected......»»
Kudlow: US economic recovery may start in 4-8 weeks
White House economic adviser Larry Kudlow says he hopes the economy can begin to recover from the damage caused by the COVID-19 in the next four to eight weeks......»»
Coronavirus doesn"t stop Tesla from record deliveries
Tesla delivered 88,400 vehicles in the first quarter despite disruptions due to the coronavirus......»»
Stock futures fall as traders brace for jobs report
The report is expected to show the the end of an historic run of job gains.....»»
Apple to keep US stores closed until early May: Report
The company will review local conditions for each Apple facility and will follow guidance from local governments.....»»
Coronavirus forces Airbnb to lower internal valuation to $26B
The home rental firm grapples with a slowdown in bookings.....»»
Trump slams 3M over mask production, invokes Defense Production Act
The company's N95 masks are considered the gold standard by medical workers.....»»
S&P joins Fitch in affirming US amid virus outbreak, says debt, deficit to worsen
The rating agency expected economic recovery in 2021.....»»
Saudi Arabia, Russia may announce oil deal "soon," Trump says
The deal could cut production by 15 million barrels per day......»»
Coronavirus airline relief to be run by these Wall Street firms
Three Wall St. firms will work with three law firms for coronavirus airline industry relief......»»
Small business coronavirus loan program is ready, Mnuchin says as Chase raises concerns
JPMorgan Chase & Co told business clients it might not be able to begin accepting applications on Friday as officials have promised......»»