Many U.S. businesses unlikely to seek government aid: NABE survey
A majority of U.S. companies expect to stay afloat for more than six months without government assistance, according to a survey on Monday, even though...
Asia shares gain as BOJ eases further; U.S. crude slips
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, while...
Starbucks says in partnership with Sequoia Capital China for investments
Starbucks on Monday said it has entered a strategic partnership with investment firm Sequoia Capital China that will see the two companies make strategic co-investments...
Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale – sources
An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb’s hedge fund Third Point LLC plans to challenge a $600 million...
U.S. economy faces historic shock, with 16% joblessness possible, Trump adviser says
The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic proportions that will likely push the national unemployment rate...
Oil falls as crude in U.S. storage nears all-time high
Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not be fast enough to...
Investors bet on testing, treatments for restart of U.S. economy
Investors are pinning their hopes for the reopening of the U.S. economy on the potential for wider availability of testing for COVID-19 cases and on...
Asia shares edge ahead, eyes on BOJ easing
Asian shares inched higher on Monday ahead of a busy week for earnings and central bank meetings, with much chatter the Bank of Japan (BOJ)...
Airbus warns staff on jobs with its ‘survival at stake’
European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling the company’s 135,000 employees to brace for potentially deeper job...
Airbus survival at stake without immediate action: CEO memo
European planemaker Airbus has issued a grim assessment of the impact of the coronavirus crisis, telling the company’s 135,000 staff to brace for potentially deeper...