3M to make more face masks, ramp up imports to U.S. after Trump order
3M Co said on Friday it would increase the production of respirators and import more masks into the United States, after President Donald Trump invoked...
FedEx slashes CEO’s salary, draws $1.5 billion from credit line
FedEx Corp said on Friday it would slash its chief executive officer’s pay and draw down $1.5 billion from a credit facility as delivery services...
Wall Street opens lower as record jobs growth ends
Wall Street’s main indexes opened lower on Friday as the novel coronavirus brought the longest U.S. employment expansion on record to an abrupt end....
Leasing company Avolon cancels order for 75 Boeing MAX jets, 4 Airbus A330s
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,...
Brent crude rises above $32 on hopes of oil output deal
Benchmark Brent crude oil futures rose as high as $33.37 a barrel on Friday on rising hopes of a new global deal to cut global...
Wall Street set to open lower as record jobs growth halts
Wall Street was set to open lower on Friday as the novel coronavirus brought the longest U.S. employment expansion on record to a shuddering halt,...
U.S. small banks have processed more than 700 small business relief loans for $2.5 million: Mnuchin
U.S. Treasury Secretary Steven Mnuchin said on Friday that community banks have processed hundreds of small-business loans aimed at shoring up the economy during the...
Ford CEO Hackett received $17.4 million in 2019 compensation
Ford Motor Co said on Friday Chief Executive Officer Jim Hackett’s total compensation fell to $17.4 million in 2019 from $17.8 million in 2018....
Dollar rises again on safe-haven bids; shrugs off poor U.S. jobs number
The dollar resumed its climb against major currencies on Friday as investors took refuge in safety bids amid worsening economic fallout from the coronavirus pandemic....
Instant View: Coronavirus slams U.S. jobs growth in March
The U.S. economy abruptly ended a historic 113 straight months of employment growth in March, as stringent measures to control the novel coronavirus pandemic shuttered...