JPMorgan takes action against traders for using WhatsApp at work: Bloomberg News
JPMorgan Chase & Co, the largest U.S. bank, has taken action against more than a dozen traders for using WhatsApp at work, firing one and...
Costco’s March same-store sales jump as coronavirus triggers surge in buying
Costco Wholesale Corp reported a 9.6% jump in March comparable sales, as customers stocked up on essentials to weather coronavirus-led lockdowns....
Wall Street rallies on hopeful coronavirus signs, healthcare lift
U.S. stock markets jumped on Wednesday on hopeful signs about the coronavirus outbreak in the United States was close to a peak, with health insurers...
Dow Jones Chief Executive Lewis to step down
Dow Jones Chief Executive Officer Will Lewis is stepping down, parent company News Corp said on Wednesday....
JetBlue seeks U.S. approval to temporarily halt flights to 11 airports
JetBlue Airways Corp on Wednesday asked the U.S. Transportation Department for emergency approval to temporarily suspend service to 11 U.S. airports, including Dallas, Houston, Minneapolis,...
Oil futures rise on hopes of production cuts
Oil futures strengthened late in the session on Wednesday, buoyed by hopes that OPEC and its allies will strike a production cut agreement on Thursday....
McDonald’s pulls forecast as coronavirus outbreak hits sales
McDonald’s Corp global comparable sales tumbled 22.2% in March and the burger chain pulled its full-year forecast as coronavirus-related lockdowns forced it to shutter stores...
Ferrari to pilot ‘Back on Track’ employee screening for coronavirus
Ferrari said on Wednesday it was piloting a project to conduct voluntary screening of employees and their families for coronavirus once the supercarmaker’s factories in...
U.S. senator to liquidate individual stock shares after coronavirus flap
U.S. Senator Kelly Loeffler said on Wednesday she would liquidate her individual stock share positions after the wealthy Republican and her husband were criticized over...
Airbnb warns 2020 revenue can fall by half amid COVID-19 hit: The Information
Home rental company Airbnb has projected its revenue can fall about 54% to some $2.2 billion this year due to the COVID-19 pandemic, The Information...