Stocks climb on oil price surge despite grim U.S. jobs data
World equity markets climbed on Thursday on a surge in risky assets like oil, offsetting concerns over an increasing death toll from the coronavirus pandemic...
Tesla sees strong Model Y production, deliveries; shares rise
Tesla Inc said on Thursday Model Y production and deliveries were significantly ahead of schedule, even as its March quarter deliveries fell short of Wall...
Bed Bath sues 1-800-Flowers for trying to renege on deal over COVID-19
Bed Bath & Beyond Inc has asked a judge to hold 1-800-Flowers.Com Inc to a $252 million deal between the companies in what appears to...
U.S. SEC delays ruling on controversial NYSE high-speed data plan
The U.S. Securities and Exchange Commission said it needs more time to decide whether to allow a plan by the New York Stock Exchange to...
World Bank approves initial $1.9 bln in emergency coronavirus funds
The World Bank on Thursday said it had approved an initial $1.9 billion in emergency funds for coronavirus response operations in 25 developing countries, with...
Exclusive: Sanofi can produce millions of doses of potential coronavirus drug – CEO
Sanofi SA will be able to provide millions of doses of hydroxychloroquine for patients with the illness caused by the novel coronavirus if the old...
Instacart to distribute coronavirus safety kits after workers’ strike
U.S. online grocery delivery company Instacart said on Thursday it will distribute free health and safety kits to full-service shoppers, days after its workers went...
General Motors, Honda to jointly develop two new electric vehicles
General Motors and Honda Motor Co Ltd said on Thursday the companies would jointly develop two new electric vehicles for Honda....
Dollar gains for second day; U.S. non-farm payrolls loom
The dollar rose against a basket of currencies for a second straight day on Thursday as investors, worried about the prospect of a global recession,...
Oprah Winfrey donates $10 million for coronavirus relief
Oprah Winfrey said on Thursday she was donating $10 million to coronavirus relief efforts, including a new venture to help get food to vulnerable Americans...