Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
U.S. aero parts maker Triumph Group Inc said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks...
U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow
The United States has approved 661,000 loans to small businesses totaling $168 billion under a program to address the fallout from the novel coronavirus epidemic,...
Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money: sources
U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S....
Honeywell borrows further $1.5 billion
Honeywell International Inc said on Friday it had entered into a $1.5 billion loan agreement to be used for general corporate purposes....
U.S. six-month deficit rises to $744 billion ahead of virus budget storm in April
The United States racked up a $744 billion budget deficit in the first half of fiscal 2020, up 8% from a year earlier, the Treasury...
Trump agrees to help Mexico meet global oil cut target
U.S. President Donald Trump said on Friday he had agreed to help Mexico contribute to global oil output reductions, in a surprise move that could...
Saudi, Russia press on with oil cut deal at G20 talks, U.S. offers help
Top oil nations pushed to finalise a deal on sweeping oil cuts at G20 talks on Friday to lift prices slammed by the coronavirus crisis...
Russia’s Putin, Saudi crown prince discuss OPEC+: Kremlin
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed a planned OPEC+ reduction of oil output, the Kremlin said....
Millions filed for U.S. unemployment – many are still waiting for the cash
A shocking 16.8 million people filed for U.S. unemployment benefits in the last three weeks as the country shut down to stop the spread of...
Treasury briefing U.S. airlines on $32 billion grant program: sources
U.S. Treasury Secretary Steven Mnuchin is holding calls with airline CEOs throughout the day and could announce details of a $32 billion payroll grant package...