DHL struggles to cope as online parcel volumes surge
Delivery business DHL is struggling to cope with a flood of parcels from online purchases due to the coronavirus crisis, forcing it to cut back...
PGA Tour plans to resume play in mid-June with no spectators
The PGA Tour said on Thursday it plans to restart its season in mid-June and that the first four events of the modified schedule will...
Facebook’s Libra cryptocurrency revamped after backlash
Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory...
Measures to control coronavirus weigh on U.S. homebuilding
U.S. homebuilding fell by the most in 36 years in March amid a broad decline in activity, offering further evidence that the economy was buckling...
Fed says backstop for small business loans fully operational
The Federal Reserve’s program to back emergency government loans to small businesses is “fully operational,” the U.S. central bank said on Thursday, a boost to...
Oil prices rise after sharp losses caused by U.S. stockpile surge
Oil prices rose on Thursday after sharp losses in the previous session, with investors hoping that a build-up in U.S. inventories may mean producers have...
Airbus evaluates requests for delays to jet deliveries
European planemaker Airbus is examining multiple customer requests to defer deliveries after travel demand collapsed because of the coronavirus epidemic, it said on Thursday....
Exclusive: Hedge fund Elliott says stocks could fall 50% from February highs – letter
Billionaire Paul Singer’s Elliott Management said global stocks could tumble more — ultimately losing half of their value from February’s high — as the world...
Another 5 million people filed jobless claims last week, bringing total to almost 22 million in one month – NBC News
Another 5 million people filed jobless claims last week, bringing total to almost 22 million in one month NBC News 22 million Americans have filed for...
Another 5.2 million Americans file for unemployment as crisis puts 22 million out of work – New York Post
Another 5.2 million Americans file for unemployment as crisis puts 22 million out of work New York Post 22 million Americans have filed for unemployment benefits...