U.S. Air Force recommends paying Boeing up to $924 million: sources
The U.S. Air Force has recommended the release of up to $924 million in payments to Boeing that were held back due to flaws in...
Trump touts ‘great’ Saudi-Russia oil deal to halt price rout, details unclear
U.S President Donald Trump said on Thursday he had brokered a deal with top crude producers Russia and Saudi Arabia to cut output and arrest...
Coronavirus punishes Warren Buffett’s equity holdings
The coronavirus pandemic may have erased around $64 billion of value from Warren Buffett’s equity portfolio at Berkshire Hathaway Inc , setting up the conglomerate...
Oil crash poses severe test for OPEC+ after Moscow, Riyadh miscalculate
U.S. President Donald Trump says he has brokered a deal with Saudi Arabia and Russia that would see sweeping oil output cuts. Riyadh has called...
Yield-thirsty investors eye stock dividends as virus fears shrink bond payouts
Battered S&P 500 stocks may get fresh interest from investors turning to dividends in a world of shrinking bond yields....
U.S. direct payments likely to begin April 13: House panel
Americans should start receiving direct deposit payments from the U.S. government around April 13 to help them cope with the coronavirus pandemic, but others may...
GE to furlough 50% of U.S. engine assembly, component manufacturing ops staff
General Electric Co said on Thursday it would furlough about half its workers in the U.S. engine assembly and component manufacturing operations, a move that...
Walgreens shares fall as coronavirus pandemic hits store sales
Shares of Walgreens Boots Alliance Inc fell 6% on Thursday after the drugstore retailer reported a steep decline in U.S. same-store sales in the last...
Ford to build face shields at Brazil and Argentina car plants
Ford Motor Co said on Thursday it will make 50,000 face shields at factories in Brazil and Argentina to donate in the fight against the...
Facebook launches fact-checking service on WhatsApp in Italy to fight coronavirus hoaxes
Facebook Inc. launched a service in Italy to check the accuracy of information on coronavirus circulating on its messaging platform WhatsApp, the U.S. tech firm...