Embraer and Boeing’s $4.2 billion deal ruled out pandemic as pretext to cancel
Boeing Co’s recently aborted $4.2 billion agreement to buy the commercial jet-making operations of Brazil’s Embraer specifically forbade either party from calling it off because...
Ford Motor steps up campaign to convince union workers to restart U.S. output
Ford Motor Co on Thursday outlined the safety measures it will institute to restart its most profitable U.S. plants amid the coronavirus pandemic, expanding on...
Wall St. slides on grim jobless data, set for best month in decades
Wall Street’s main indexes fell on Thursday after a strong month of gains as millions of more Americans applied for jobless claims, taking the shine...
Italy’s airport lobby says social distancing on planes not sustainable
The Italian airport operators association, Assaeroporti, said on Thursday proposals to keep some seats empty on planes for social distancing would not be workable if...
Your unemployment questions, answered
U.S. jobless claims have exceeded 30 million since the coronavirus outbreak hit the country, wiping out a decade of job gains and sending many Americans...
Buffett likely to finally address pandemic at Berkshire Hathaway meeting
Berkshire Hathaway Inc’s annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient...
Factbox: Warren Buffett, Berkshire Hathaway at a glance
Warren Buffett’s Berkshire Hathaway Inc’s annual meeting on May 2 will break with tradition and be held virtually, as the coronavirus pandemic halts large gatherings....
Fourth stimulus bill may not be needed if states bounce back: White House
A fourth bill to provide stimulus to the U.S. economy may not be needed if states are able to successfully reopen their economies “relatively quickly,”...
Oil prices surge on last day of roller-coaster month
Oil prices jumped on Thursday, as signs the U.S. crude glut was not growing as quickly as many had feared brought an upbeat close to...
Macy’s reopening 68 stores, targets all within six weeks as U.S. curbs loosen
Macy’s Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as...