Main Street’s boldest take on Wall Street in bankruptcy stock frenzy
NEW YORK (Reuters) – When Bryan Quevedo received his U.S. government stimulus check last month, he invested $1,000 in the…
What you need to know about the coronavirus right now
(Reuters) – Here’s what you need to know about the coronavirus right now: FILE PHOTO: Co-director of the intensive care…
Global stocks jump on Fed support, easing second wave fears
TOKYO/HONG KONG (Reuters) – Asian shares rallied and the dollar fell on Tuesday as risk appetite was bolstered by the…
Exclusive: U.S. companies can work with Huawei on 5G standards – Commerce Department
(Reuters) – The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies…
Wall Street closes higher as Fed soothes recovery worries
NEW YORK (Reuters) – Wall Street closed higher on Monday following an announcement by the U.S. Federal Reserve regarding its…
Stocks rebound on Fed debt program, oil recovers
NEW YORK (Reuters) – A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of…
U.S. eases criminal record provision in coronavirus business loan program
FILE PHOTO: U.S. President Donald Trump signs the Paycheck Protection Program and Health Care Enhancement Act financial response to the…
World shares stem losses as fresh lockdown fears fade
NEW YORK (Reuters) – Global equity markets bounced back on Friday as investors took in stride the U.S. Federal Reserve’s…
Asian stocks set to fall sharply as Wall Street tumbles
NEW YORK (Reuters) – Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled…
Germany’s confirmed coronavirus cases rise 555 to 185,416, RKI says
FILE PHOTO: People stroll at the beach promenade, amid the coronavirus disease (COVID-19) outbreak, in Warnemuende, Germany, May 27, 2020.…
Men accused of helping ex-Nissan boss flee Japan challenge U.S. extradition case
BOSTON (Reuters) – Lawyers for the former Green Beret and son wanted by Japan for helping former Nissan Motor Co…
Wall Street set to rise on swift economic rebound hopes
(Reuters) – The S&P 500 and the Dow Jones indexes were set to rise on Monday, building on last week’s…
U.S. coronavirus deaths top 110,000 as cases approach 2 million: Reuters tally
A medical worker checks the temperature of an arriving guest during the reopening of Bellagio hotel-casino, closed since March 16,…
AstraZeneca approached Gilead about potential merger – Bloomberg News
LONDON (Reuters) – Britain’s AstraZeneca Plc (AZN.L) has approached U.S. rival Gilead Sciences Inc (GILD.O) about a possible merger that…
Germany’s confirmed coronavirus cases rise by 407 to 183,678: RKI
FILE PHOTO: People enjoy the day at the Warnemuende beach, amid the coronavirus disease (COVID-19) outbreak, in Warnemuende, Germany, May…
India overtakes Italy’s coronavirus tally as lockdown easing looms
MUMBAI (Reuters) – India reported a record 9,887 new coronavirus cases in one day on Saturday and overtook Italy as…
U.S. CDC reports 1,891,690 coronavirus cases
(Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) on Saturday reported 1,891,690 cases of the new coronavirus,…
Mexico reports 3,593 new coronavirus cases, 341 deaths
MEXICO CITY (Reuters) – Mexico’s health ministry on Saturday reported 3,593 new confirmed cases of coronavirus infection and 341 additional…
China reports six new COVID-19 cases, five asymptomatic cases
FILE PHOTO: People visit a military theme park following an outbreak of the novel coronavirus disease (COVID-19), in Shanghai, China…
Germany’s confirmed coronavirus cases rise by 301 to 183,979 – RKI
FILE PHOTO: Workers transport parcels at the cargo terminal of Frankfurt International Airport, amid the spread of the coronavirus disease…
Global coronavirus cases near 7 million as outbreak grows in Brazil, India – Reuters tally
(This story corrects June 6 version of story that said cases surpassed 7 million in heading and paragraph 1.) FILE…
Fujifilm says COVID-19 drug research may drag on into July
FILE PHOTO: Tablets of Avigan (generic name : Favipiravir), a drug approved as an anti-influenza drug in Japan and developed…
Shanghai Junshi Biosciences in human tests for coronavirus antibody drug
BEIJING (Reuters) – Shanghai Junshi Biosciences has started an early-stage study in China to test a potential antibody treatment against…
Indonesia reports 672 new coronavirus infections, 50 deaths
FILE PHOTO: Indonesia Muslims wearing protective face masks stand in line before taking part in Friday prayers, amid the spread…
Boeing takes Embraer to arbitration over failed aviation deal
FILE PHOTO: A Boeing logo is seen at the company’s facility in Everett, Washington, U.S. January 21, 2020. REUTERS/Lindsey Wasson/File…
Wall St. flat as recovery hopes offset U.S. protests, China tensions
(Reuters) – U.S. stocks struggled for direction on Monday as investors weighed prospects of a post-pandemic economic recovery against protests…
Lufthansa accepts tweaked demands by Brussels over state bailout
BERLIN/FRANKFURT (Reuters) – Lufthansa’s management board has accepted a more favourable set of demands from the European Commission in exchange…
China reports three new coronavirus cases after first day with none
FILE PHOTO: Volunteers in protective gear measure the body temperature of a man at the entrance of a residential compound…
Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
NEW YORK (Reuters) – The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy…
EasyJet founder fails to oust management, proxy votes show
FILE PHOTO: An Easyjet plane takes off from Manchester Airport in Manchester, Britain January 20, 2020. REUTERS/Phil Noble/File Photo LONDON…
Discontent bubbles in Spain even though coronavirus cases wane
MADRID (Reuters) – Spain’s fragile left-wing coalition sought support from political foes to extend a state of emergency on Wednesday…
‘All my dreams are shattered’: coronavirus crushes Asia’s garment industry
YANGON/DHAKA/BANGKOK (Reuters) – Zarchi Lwin pawned her only two gold bangles for $140 when the owner of the Myanmar factory…
U.S. auto industry to begin reopening plants in recovery from pandemic
(Reuters) – The U.S. auto industry is slowly returning to life, with vehicle assembly plants scheduled to reopen on Monday…
Beaches, parks busy as Europe heat wave and U.S. spring test new coronavirus rules
(Reuters) – Summer weather is enticing much of the world to emerge from coronavirus lockdowns as centers of the outbreak…
China reports seven new coronavirus cases, up from five a day earlier
People wearing face masks are seen at Wuhan Railway Station, in Wuhan, the Chinese city hit the hardest by the…
China reports eight new COVID-19 cases, up from four a day earlier
FILE PHOTO: Residents wearing face masks line up for nucleic acid testings at a residential compound in Wuhan, the Chinese…
Temperature checks, masks the new normal for air travel, says Dubai airport CEO
DUBAI (Reuters) – Temperature screening and face masks will become common sights at airports to mitigate the spread of the…
Airbus examining restructuring including job cuts: sources
PARIS/TOULOUSE (Reuters) – Airbus (AIR.PA) is drawing up plans for a restructuring involving the possibility of “deep” job cuts as…
Occidental offering voluntary job buyouts, citing need for spending cuts: document
(Reuters) – Occidental Petroleum Corp (OXY.N) is offering its employees voluntary buyouts over the next two weeks, according to a…
Embraer blames failed Boeing deal for sharp drop in commercial jet deliveries
FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos Campos,…
UK’s COVID-19 death toll tops 38,000, worst in Europe
LONDON (Reuters) – The United Kingdom’s COVID-19 death toll topped 38,000 as of early May, by far the worst yet…
WeWork directors seek to preserve right to sue owner SoftBank
(Reuters) – A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from…
Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy
NEW YORK (Reuters) – A week packed with U.S. economic data is likely to provide investors with more evidence of…
Coronavirus deals U.S. economy Great Depression-like job losses, high unemployment
WASHINGTON (Reuters) – The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since…
Green hydrogen’s time has come, say advocates eying post-pandemic world
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare…
Michigan, California move to reopen factories as U.S. jobless ranks grow
DETROIT/SACRAMENTO, Calif. (Reuters) – Michigan and California, two U.S. manufacturing powerhouses, acted on Thursday to allow factories to reopen from…
Uber sees rides recovering from coronavirus lows, banks on food-delivery momentum
(Reuters) – Uber Technologies Inc’s (UBER.N) ride service bookings slowly recovered in recent weeks as the company expects a coronavirus-related…
Michigan governor allows coronavirus-hit manufacturers to reopen on May 11
(Reuters) – Michigan Governor Gretchen Whitmer on Thursday said the state’s factories can reopen on May 11, removing one of…
U.S. unemployment rolls seen swelling as coronavirus restrictions bite
WASHINGTON (Reuters) – Millions more Americans likely sought unemployment benefits last week, suggesting a broadening of layoffs from consumer facing…
Wall Street rises as lockdowns ease, healthcare shares jump
(Reuters) – Wall Street’s main indexes gained on Tuesday as healthcare stocks rallied, oil prices surged and a number of…
UK coronavirus death toll rises by 693 to 29,427
LONDON (Reuters) – Britain’s COVID-19 death toll has risen by 693 to 29,427, according to figures announced on Tuesday by…
J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout
(Reuters) – J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to…
New York’s Cuomo warns against ‘blindly’ reopening states
NEW YORK (Reuters) – New York Governor Andrew Cuomo on Saturday pushed back against what he called premature demands that…
Trump threatens new tariffs on China in retaliation for coronavirus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
Amazon’s second-quarter forecast weighed down by $4 billion in COVID-19 related costs, shares fall
FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, April 22, 2020…
CDC reports 1,031,659 coronavirus cases, 60,057 deaths
People wear masks as they walk past a closed beach during the outbreak of the coronavirus disease (COVID-19) in Del…
Tesla’s Elon Musk calling coronavirus lockdowns ‘fascist’ overshadows profitable quarter
(Reuters) – Tesla Inc’s (TSLA.O) outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus…
Alphabet earnings drive futures higher ahead of GDP data
(Reuters) – U.S. stock index futures rose on Wednesday after Google-parent Alphabet reported upbeat quarterly results, while investors braced for…
UBS posts 40% first-quarter net profit rise as transaction levels jump
FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters)…