Allstate to return $600 million in auto premiums as pandemic cuts driving
U.S. insurer Allstate Corp said on Monday it would return more than $600 million in auto insurance premiums to customers as many Americans drive less...
Fed says it will provide financing against new U.S. ‘payroll protection’ loans
The Federal Reserve on Monday moved to bolster a new small-business lending program by allowing banks to turn those loans over to the U.S. central...
Wall Street soars 7% on hopes of slowing coronavirus deaths
U.S. stocks rocketed higher on Monday, with each of the major indexes rallying about 7%, after a fall in the daily death toll in New...
Honda, Fiat Chrysler cancel all April U.S., Canadian auto production
Honda Motor Co and Fiat Chrysler Automobiles NV said on Monday they will extend their auto production shutdown in the United States and Canada to...
New York, New Jersey see early signs of coronavirus ‘flattening’
The governors of New York and New Jersey said on Monday their states were showing tentative signs of a “flattening” of the coronavirus outbreak, but...
NYSE in talks with SEC to ease listing rules during coronavirus volatility
The New York Stock Exchange said on Monday it was in talks with regulators to temporarily ease its listing requirements to take the strain off...
Coronavirus muddies U.S. economic data as business closures push down response rates
A near total closure of U.S. businesses as authorities try to control the spread of the novel coronavirus could make U.S. economic data unreliable in...
Oil falls after Saudi Arabia, Russia delay meeting, Cushing stockpiles soar
Oil prices slumped on Monday, pulling back from last week’s gains after Saudi Arabia and Russia delayed a meeting of oil producers aimed at resolving...
Stocks jump as virus deaths slow; oil falls after OPEC+ delay
World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some global hot spots, oil prices tumbled again...
Honda extends U.S., Canadian auto production halt through May 1
Honda Motor Co said on Monday it will extend its auto production shutdown in the United States and Canada through May 1....