Advertisements


Ford"s redesigned F-150 pickup will offer greater connectivity, sleeper seat

Ford Motor Co next week will show the next generation of its brawny F-150 pickup truck that offers a new sleeper-seat feature and over-the-air software updates in a machine Ford is counting on to help pay off coronavirus-related debts......»»

Category: topSource: REUTERSJun 18th, 2020Related News

LATAM Airlines says operations to plunge 50% by year"s end

LATAM Airlines Chief Executive Roberto Alvo said on Thursday he expects the region´s largest carrier to be operating at half of pre-pandemic levels by the end of 2020, and that a full recovery was unlikely for at least 3-4 years......»»

Category: topSource: REUTERSJun 18th, 2020Related News

U.S. labor market improvement stalling; second wave of layoffs seen

The number of Americans filing for unemplo.....»»

Category: topSource: REUTERSJun 18th, 2020Related News

Trump to nominate lawyer Crenshaw to fill SEC Democratic commissioner slot

The White House announced on Thursday that President Donald Trump intends to nominate Caroline Crenshaw to fill a Democratic vacancy at the U.S. Securities and Exchange Commission (SEC)......»»

Category: topSource: REUTERSJun 18th, 2020Related News

Lufthansa investor Thiele seeks talks with German government: Handelsblatt

Lufthansa's biggest shareholder, German billionaire Heinz Hermann Thiele, has reached out to Berlin politicians for talks, Handelsblatt said, the latest step in a standoff over the airline's 9 billion euro ($10.1 billion) bailout......»»

Category: topSource: REUTERSJun 18th, 2020Related News

Wall Street oscillates amid COVID-19 spikes, muted data

Wall Street struggled for direction on Thursday as investors weighed a resurgence in coronavirus infections and the possibility of a new round of shutdowns against data that suggested the U.S. economy might not bounce back with quick, V-shaped recovery......»»

Category: topSource: REUTERSJun 18th, 2020Related News

Tesla wants to start building a new U.S. vehicle plant this summer

Electric vehicle maker Tesla Inc wants to start building a large vehicle assembly plant in the southwestern United States as early as the third quarter of this year, the company told Texas officials in documents made public this week......»»

Category: topSource: REUTERSJun 18th, 2020Related News

Carnival posts $4.4 bln loss; choppy seas ahead

Carnival Corp, the world's biggest cruise ship operator, posted a $4.4 billion quarterly loss on Thursday and warned of more pain ahead with regulators still ordering it to keep ships docked during the pandemic. Conway G. Gittens has the details......»»

Category: videoSource: REUTERSJun 18th, 2020Related News

The U.S. industries starting to bloom again

May 2020 saw a $73 billion rebound in U.S. retail sales. But which champions of retail are leading the comeback? And which are still lagging behind?.....»»

Category: videoSource: REUTERSJun 18th, 2020Related News

S&P 500, Dow muted as virus cases rise, jobless claims weigh

The S&P 500 and the Dow were largely unchanged on Thursday as investors stayed on the sidelines amid an uptick in coronavirus infections in parts of the United States and an elevated level of weekly jobless claims......»»

Category: topSource: REUTERSJun 18th, 2020Related News

Oil edges up on OPEC output cut compliance; pandemic still weighs

Oil prices rose slightly Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned about additional coronavirus cases reported in parts of the United States and China......»»

Category: topSource: REUTERSJun 18th, 2020Related News

U.S. gasoline demand recovery falters as refiners ramp up output

A recovery in demand for gasoline in the United States, the world's largest market for the motor fuel, hit a plateau last week as coronavirus cases surged in some states, undercutting refiners' efforts to ramp up low fuel production......»»

Category: topSource: REUTERSJun 18th, 2020Related News

Wirecard investor DWS says has sold down position, considering legal action

Asset manager DWS, the fund management arm of Deutsche Bank, said it has further sold down its position in embattled German technology company Wirecard and was considering legal action......»»

Category: topSource: REUTERSJun 18th, 2020Related News

Kroger says demand easing after coronavirus stockpiling

U.S. supermarket chain Kroger Co stopped short of raising its annual forecasts on Thursday, saying a coronavirus-driven surge in demand for essential goods was fading as American households reconsider what they have on their shelves......»»

Category: topSource: REUTERSJun 18th, 2020Related News

Trump to nominate lawyer Crenshaw to serve as Democratic SEC commissioner

The White House announced on Thursday that President Donald Trump intends to nominate Caroline Crenshaw to fill a Democratic vacancy at the U.S. Securities and Exchange Commission (SEC)......»»

Category: topSource: REUTERSJun 18th, 2020Related News

BoE adds 100 bln pounds to stimulus war-chest

The Bank of England increased its bond-buying program by 100 billion pounds ($125 billion) on Thursday as it sought to help steer the economy away from a record slump. Ciara Lee reports.....»»

Category: videoSource: REUTERSJun 18th, 2020Related News

Spain unveils $4.8 bln aid for holiday sector

Spain has unveiled a package of financial aid for its tourism sector valued at about $4.8 billion. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSJun 18th, 2020Related News

1.5 mln Americans file jobless benefits last week

Unemployment claims dipped last week to 1.5 million but remained historically high. As Fred Katayama reports, a second wave of layoffs amid weak demand and fractured supply chains is keeping new U.S. applications for unemployment benefits elevated......»»

Category: videoSource: REUTERSJun 18th, 2020Related News

Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say

State oil giant Saudi Aramco started laying off hundreds of employees this month, two sources familiar with the matter said, as global energy companies reduce their workforces in response to the coronavirus crisis......»»

Category: topSource: REUTERSJun 18th, 2020Related News

U.S. retail foot traffic rebounds, more staff at work, as lockdowns ease

Retail foot traffic recovered to approach pre-lockdown levels last week and businesses appeared to bring more employees back to the job, according to data from firms that collect cellphone location information and manage employee time for companies......»»

Category: topSource: REUTERSJun 18th, 2020Related News