U.S. House passes $500 billion coronavirus bill and oversight panel
The U.S. House of Representatives overwhelmingly approved a $484 billion coronavirus relief bill on Thursday, funding small businesses and hospitals and pushing the total spending...
Congress approves $484 billion coronavirus-relief bill
The U.S. House of Representatives on Thursday passed a $484 billion bill to expand federal loans to small businesses impacted by the coronavirus outbreak and...
Intel not updating full-year outlook due to ‘economic uncertainty’
Intel Corp on Thursday forecast second-quarter earnings below Wall Street views as it cited the cost of readying a new PC chip and said it...
UAW says virus makes early May restart of U.S. auto plants ‘too risky’
The head of the United Auto Workers union on Thursday said it was “too soon and too risky” to reopen auto plants and Michigan’s economy...
Colombia’s Avianca says its survival is in doubt due to coronavirus crisis
There is “substantial doubt” about Avianca Holdings’ ability to stay in business due to the coronavirus crisis, the Colombian airline reported on Thursday, citing the...
U.S. House looks set to pass $500 billion coronavirus bill and oversight panel
The U.S. House of Representatives looked poised to pass a $484 billion coronavirus relief bill on Thursday, funding small businesses and hospitals and pushing the...
S&P 500 slips as Gilead weighs
The S&P 500 ended marginally lower on Thursday after a report that an experimental antiviral drug for the coronavirus flopped in its first randomized clinical...
Tyson to shutter beef facility as workers undergo coronavirus testing
A Tyson Foods Inc unit said on Thursday it will temporarily halt production at a beef facility in Pasco, Washington, adding to the meat processing...
Oil rallies on faster output cuts to offset virus-induced falloff in demand
Oil soared on Thursday, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand...
U.S. states test safety of reopening as pandemic pushes jobless claims higher
An array of businesses prepared on Thursday to reopen in Georgia and a handful of other U.S. states for the first time in a month,...