Southwest cuts Boeing jet deliveries after first quarterly loss in nine years
Southwest Airlines Co said on Tuesday it has agreed with Boeing Co to sharply cut its 737 MAX delivery schedule through 2021 and is reviewing...
Forget 2020, stock market optimists look at 2021 for buy signals
Shrugging off reams of terrible economic data, plunging oil prices and dire corporate profits, world stocks have recouped around half of this year’s coronavirus-linked losses...
Stocks rise despite mixed earnings; lockdown easing eyed
Stock markets across the globe moved in and out of losses on Tuesday, whipsawed by Wall Street as mixed corporate earnings reports were not enough...
Bayer board wins shareholder vote of approval at AGM
Bayer shareholders on Tuesday voted in favour of ratifying the executive board’s business conduct during 2019, following a rebuke a year earlier....
Merck sees $2.1 billion coronavirus hit to 2020 sales
Merck & Co Inc said on Tuesday it expects the coronavirus pandemic to reduce 2020 sales by more than $2 billion, and the U.S. drugmaker...
S&P 500, Dow gain on upbeat corporate earnings, reopening hopes
The S&P 500 and Dow Jones indexes rose on Tuesday after a string of upbeat quarterly reports took the edge off a plunge in consumer...
PepsiCo sees snacking boost as lockdowns hammer soda sales
PepsiCo warned on Tuesday surging demand for Lays and Doritos would only partially offset a hit to business in the second quarter from coronavirus lockdowns...
Mnuchin warns some U.S. firms could face criminal liability over coronavirus loans
The U.S. Treasury Department will audit every loan for more than $2 million given under the Paycheck Protection Program for businesses hurt by the coronavirus...
Wall Street pares gains as U.S. consumer confidence plunges in April
Wall Street’s main indexes pared gains in early trading on Tuesday, as data showed U.S. consumer confidence tumbled in April as coronavirus-driven lockdowns sharply disrupted...
Wall Street jumps at open on upbeat corporate earnings
U.S. stock markets jumped at the open on Tuesday on another round of upbeat quarterly earnings reports, even as investors braced for a likely slide...