Volkswagen pushes back possible restart of operations in Mexico
German automaker Volkswagen will extend until at least May 18 a suspension on operations at two production plants in Mexico due to the ongoing coronavirus...
As U.S. coronavirus death toll tops 51,000, handful of states move toward reopening
With the U.S. coronavirus death toll topping 51,000 and nearly one in six workers out of a job, Georgia, Oklahoma and several other states took...
U.S. weighs taking equity stakes in U.S. energy companies, Mnuchin says
The U.S. government is considering taking equity stakes in U.S. energy companies as it seeks to help the nation’s oil and gas sector amid the...
U.S. deficit could quadruple to $3.7 trillion in coronavirus crisis: CBO
A nationwide business shutdown and surge in U.S. government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year as...
Icahn sees opportunities but warns of more ‘downdrafts’ ahead: Bloomberg
Billionaire investor Carl Icahn said he expects to see “good opportunities” to buy after the historic stock market sell-off but warned there will likely be...
Brazil JBS workers catch COVID-19 in latest meat plant outbreak
A JBS SA poultry plant in southern Brazil was hit by an outbreak of COVID-19, a source close to the company said on condition of...
Number of workers who contracted COVID-19 at JBS plant in Brazil is 12: source
Some 12 workers at a Brazilian chicken plant operated by JBS SA have contracted COVID-19, a source close to the company told Reuters on Friday...
Tech titans Apple and Microsoft propel Wall Street rally
Wall Street rallied on Friday, led higher by Apple and Microsoft as investors finished a turbulent week of trading and some states prepared to relax...
Air France-KLM wins aid deal, flags likely share issue
Air France-KLM secured 7 billion euros ($7.6 billion) in French government aid on Friday, as the airline industry struggles to survive the coronavirus crisis that...
CBO sees $3.7 trillion U.S. deficit from coronavirus pandemic
A nationwide business shutdown and a surge in U.S. government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year,...