Exxon plays on virus worries in Baytown contract talks: union official
A union official said on Friday Exxon Mobil Corp is playing on economic uncertainty caused by the coronavirus pandemic in negotiations with workers at its...
Kraft Heinz halts three plants but adds shifts for mac & cheese
Kraft Heinz Co has moved to halt production at three plants providing restaurant supplies but has added shifts at others to meet demand for packaged...
Morgan Stanley plans to hold annual meeting in person
Morgan Stanley plans to hold in person its annual shareholder meeting, scheduled for May 21, the Wall Street bank said on Friday, even as many...
Trump hosts Big Oil execs at White House to discuss market slump
U.S. President Donald Trump met with oil company executives at the White House on Friday afternoon to discuss a historic oil-price slump threatening their businesses,...
OPEC+ debates biggest-ever oil cut, awaits U.S. efforts
OPEC and its allies are working on a deal for an unprecedented oil production cut equivalent to around 10% of global supply, an OPEC source...
Dollar climbs on safe-haven bids; shrugs off horrible U.S. jobs number
The dollar firmed against major currencies for a third straight day on Friday, as investors took shelter in the U.S. currency amid worsening economic fallout...
Fed Chair Powell spoke with Trump as virus took aim at U.S.
As the coronavirus bore down on the United States in February and President Donald Trump renewed his public call for interest rate cuts, he and...
Avolon cancels order for 75 Boeing MAX jets, 4 Airbus A330neo
Aircraft lessor Avolon on Friday announced the cancellation of an order for 75 Boeing 737 MAX planes that were due to be delivered by 2023,...
Wall Street falls as coronavirus shreds U.S. payrolls
Wall Street’s main indexes fell on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months and amped up fears...
Wall Street Week Ahead: Investors look to coronavirus data to support stabilizing markets
Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming...