U.S. weekly jobless claims surge to record 3.28 million
The number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as strict measures to contain...
U.S. jobless claims balloon to record on coronavirus impact
The number of Americans filing claims for unemployment benefits shot to record of more than 3 million last week as strict measures to contain the...
U.S. cruise line company Lindblad names directors backed by ValueAct to its board
Lindblad Expeditions on Thursday said it named two independent directors backed by activist investment firm ValueAct Capital, which owns a nearly 10% stake in the...
LSE offers fee waiver for market makers to smooth coronavirus hit trading
The London Stock Exchange said on Thursday it was waiving registration fees for market makers to attract more liquidity in trading that has become volatile...
EU lawmakers to approve aid for coronavirus-hit economy in remote vote
European Union lawmakers are expected on Thursday to approve emergency funds to cushion the bloc’s economic slump triggered by the coronavirus pandemic and shore up...
Fed’s Powell: U.S. may be in recession, control of virus to dictate timing of economy reopening
The U.S. “may well be in recession” but progress in controlling the spread of the coronavirus will dictate when the economy can fully reopen, Federal...
Czech breweries roll back the barrels, turn to bottles and cans
Czech breweries — including Pilsner Urquell and Budejovicky Budvar — have stopped refilling kegs and started storing their beer in cooled cellars as they seek...
Deutsche Bank readies government short-time work scheme amid coronavirus outbreak
Deutsche Bank is laying the groundwork for taking advantage of a government-run short-time work scheme for some of its employees in Germany as it deals...
Drugmakers Mylan, Pfizer delay merger due to coronavirus outbreak
Drugmaker Mylan NV’s merger with Pfizer Inc’s off-patent branded drug unit, Upjohn, will now close in the second half of this year, the companies said...
Settlement talks between First United, Driver Management break down-sources
Talks between First United Corp and Driver Management to settle a fight for board seats at the bank holding company broke down when the activist...