Ford expects loss of $600 million for first quarter
Ford Motor Co said on Monday it expects first-quarter adjusted loss before interest and taxes to be about $600 million, compared with a profit of...
Wall Street dips as focus shifts to earnings
U.S. stock indexes fell at the open on Monday after a strong rally last week, with investors bracing for an expected slide in quarterly earnings...
Dish cuts jobs, re-evaluates business in coronavirus fallout
Dish Network Corp has cut staff and is re-evaluating its business to cope better with the fallout from the coronavirus pandemic, the U.S. satellite TV...
Oil prices shrug off output cut as demand worries weigh
Oil prices fluctuated on Monday as the positive impact of major producers agreeing record global output cuts was offset by concerns they will not be...
Wall Street set to dip as focus turns to earnings
Wall Street was set to open lower on Monday after a strong rally last week, with investors bracing for an expected slide in quarterly earnings...
Fashion giant Inditex working at reduced capacity despite loosened Spanish lockdown
Employees at global fashion giant Inditex’s 10 logistics centres in Spain – from where it sends garments to its stores worldwide – returned to work...
Performance Food signs deals with retailers to keep shelves stocked
U.S. food distributor Performance Food Group Co said on Monday it had signed agreements with 13 new retail partners and would have over 1,000 of...
GM plans to extend shutdown of Brazil auto production by 60 days
(This April 9 story corrects start date of production shutdown to March 23, with furloughs starting on March 30.)...
Futures fall as focus turns to corporate earnings
U.S. stock index futures retreated on Monday after a strong rally last week, with investors bracing for the first-quarter earnings season to underline the coronavirus-induced...
Volkswagen to aid U.S. dealers supporting coronavirus relief efforts
Volkswagen AG said on Monday it would give financial assistance to its U.S. dealers who wish to use their loaner fleet to pickup and deliver...