Masked McConnell sets Tuesday U.S. Senate session for relief bill
Leaders of the U.S. Congress inched closer on Monday to a possible $450 billion deal to help small businesses and hospitals hurt by the coronavirus...
U.S. car rental company Hertz to lay off 10,000 staff on coronavirus hit
U.S. car rental company Hertz Global Holdings Inc said on Monday it plans to lay off 10,000 employees across its North America operations to cut...
Oil price crashes into negative territory for the first time in history amid pandemic
U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a...
WeWork committee pushes back against SoftBank, defends right to represent shareholders
A special committee of WeWork board members on Monday rejected an assertion by SoftBank Group Corp that it does not have authority to represent the...
IBM withdraws 2020 forecast on virus uncertainty, dividends to continue
International Business Machines Corp on Monday withdrew its 2020 annual forecast due to uncertainty caused by COVID-19, but said its customers were relatively well positioned...
UAW, Detroit automakers in talks over safety rules to reopen U.S. plants
Detroit’s automakers and the United Auto Workers (UAW) union are in talks about safely restarting U.S. production halted by the coronavirus pandemic, but local union...
Oil crashes, ends negative for the first time in history
U.S. crude oil futures turned negative on Monday for the first time in history, ending the day at a stunning minus $37.63 a barrel as...
Instant View: Spot U.S. oil futures crash below zero with nowhere to store crude
Energy traders fled from the expiring May U.S. oil futures contract in a frenzy on Monday, sending the contract deep into negative territory for the...
Wall Street drops as U.S. producers can’t give crude away
Wall Street fell sharply on Monday after U.S. crude futures turned negative for the first time in history, underscoring the chaos the coronavirus pandemic has...
Wall Street drops as U.S. crude futures prices turn negative
Wall Street fell sharply on Monday after U.S. crude futures turned negative for the first time in history, underscoring the chaos the coronavirus pandemic has...