JetBlue to cut flights in and out of hometown New York by as much as 80%
JetBlue Airways Corp plans to reduce daily flights in and out of the four New York City-area airports where it operates by as much as...
Trump signs off on deferring tariffs for most-favored nations for three months
President Donald Trump has signed off on a plan to defer U.S. tariffs for most-favored nations for three months, according to a source familiar with...
Xerox abandons $35 billion hostile bid for HP: sources
Xerox Holdings Corp decided on Tuesday to abandon its $35 billion hostile cash-and-stock bid for HP Inc after the coronavirus-induced market turmoil put the brakes...
Oil ends March with biggest monthly and quarterly losses ever
Crude oil benchmarks ended a volatile quarter with their biggest losses in history, as both U.S. and Brent futures were hammered throughout March on the...
Fiat Chrysler does not see delay in PSA merger, FIOM union says
Fiat Chrysler did not mention any possible delay in the merger process with France’s PSA during a call with unions on Tuesday, metal workers’ union...
Dow sinks, virus pushes it to sharpest quarterly plunge in over three decades
Wall Street’s three major indexes tumbled on Tuesday, with the Dow registering its biggest quarterly decline since 1987 and the S&P 500 suffering its deepest...
Invesco to sell all unquoted holdings in UK equities portfolios
Invesco said on Tuesday it would sell all the unquoted companies currently held in its UK equities portfolios and has marked down their value by...
U.S.-Saudi oil alliance idea born at White House, put on back burner for now
Top U.S. officials have for now put aside a proposal for an alliance with Saudi Arabia to manage the global oil market, according to three...
Fed will do ‘whatever it takes’ to help U.S. economy likely in recession, Daly says
The Federal Reserve is ready to do more to help a U.S. economy ground to a sudden halt as businesses shutter and people stay home...
Billionaire investor Steve Cohen: ‘After an earthquake there are tremors’
Billionaire trader Steven A. Cohen is cautioning the staff of his investment firm, Point72 Asset Management, to remain cautious amid markets that have recovered slightly...