Southwest expects talks on U.S. payroll grant terms over next several days
Southwest Airlines Co said on Friday it has applied for U.S. payroll grants but cannot disclose details as the next several days could involve conversations...
Kraft Heinz cuts output at three plants, adds shifts for mac & cheese
Kraft Heinz Co said on Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the new coronavirus outbreak, but...
Soaring unemployment increases odds U.S. banks will cut dividends
Questions are building about whether big U.S. banks will have to cut dividends later this year as the coronavirus crisis puts a record portion of...
U.S. airlines apply for U.S. payroll grants for crisis help
Major U.S. airlines applied on Friday for payroll grants from the U.S. Treasury meant to keep workers employed while airlines ride out their toughest crisis...
Explainer: Antitrust law won’t get in the way of U.S. acting to raise oil prices
It is illegal for oil producers to meet to discuss pushing up oil prices under U.S. antitrust law, but perfectly legal if state regulators or...
Large U.S. banks to take small business loan applications next week: Mnuchin
U.S. Treasury Secretary Steven Mnuchin said on Friday he expects all large U.S. banks to be participating in a newly launched, $350 billion small business...
Warren Buffett’s Berkshire Hathaway sells some stake in Delta Air Lines
Warren Buffett’s Berkshire Hathaway Inc said on Friday it has sold some of its stake in Delta Air Lines Inc ....
Coronavirus fiscal fallout on U.S. muni issuers worries investors
Investors in the U.S. municipal bond market are growing increasingly worried over the ability of states, cities and other debt issuers to weather the financial...
Occidental appoints Robert Peterson as CFO
Oil and gas producer Occidental Petroleum Corp said on Friday it appointed Robert Peterson as the company’s new chief financial officer....
Walmart to limit number of customers at stores as virus crisis deepens
Walmart Inc said on Friday it would limit the number of customers in a store at a time, starting April 4, to encourage social distancing...