Stocks fall as Trump’s China tariff threat adds to fears over virus-hit economies
Wall Street took a nosedive on Friday on fears that the world’s two largest economies could resume a trade war, dragging down a global stocks...
Rolls-Royce to cut up to 8,000 jobs as aviation crisis bites – FT
British aero-engine maker Rolls-Royce Holdings Plc is planning to slash up to 8,000 jobs, the Financial Times reported https://www.ft.com/content/027ce53d-8770-48a6-ba7b-000d979033b0 on Friday....
For Fed Chair Powell, March was pure madness as coronavirus response intensified
A half-hour staff meeting in a secure location....
Will U.S. exchange trading floors still be relevant post-coronavirus?
The coronavirus pandemic has upended U.S. equities trading with unprecedented market volatility and forced bourses like the New York Stock Exchange to close their trading...
Wall Street sinks on renewed tariff threat
Wall Street sold off sharply on Friday as investor risk appetite was soured by the revived specter of tariffs against China, threatened anew by U.S....
Fed officials worry about lasting economic scars from crisis
After rolling out trillions of dollars in support for the U.S. economy during the coronavirus pandemic, Federal Reserve officials have begun warning of potentially lasting...
Telefonica seeks to merge Britain’s O2 and Virgin Media – sources
Spain’s Telefonica SA is in talks with billionaire John Malone’s Liberty Global Plc to explore a merger of its British mobile operator O2 with cable...
U.S. airlines now requiring masks, promise more safety measures
With the largest U.S. airlines now set to mandate – and provide – facial coverings for all passengers over the next two weeks, many are...
Fund managers fish for dividend plays amid sharp cuts
Some dividend fund managers are wading back into the shares of battered railroad stocks, energy companies and other economically sensitive, cyclical names, even as a...
Wall St. tumbles as Trump tariff threat adds to pandemic woes
A Wall Street selloff deepened on Friday as President Donald Trump threatened to impose new tariffs on Beijing over the coronavirus crisis, compounding fears about...