Just another trading day: Wild swings and dash for cash trigger selling
Another day of massive swings across asset prices was marked by scant liquidity as investors dashed for cash while systematic strategies triggered automated selling amid...
Airline industry turmoil deepens as coronavirus pain spreads
Airline industry turmoil deepened on Thursday as Qantas Airways Ltd told most of its 30,000 employees to take leave and India prepared a rescue package...
Harley-Davidson faces proxy fight with investor Impala
Harley-Davidson Inc faces a battle with one of its investors after Impala Asset Management said on Wednesday it will try to install two directors at...
Oil rockets nearly 20% as investors hail coronavirus stimulus spending – for now
Oil prices surged as much as nearly 20% on Thursday, bouncing back from days of heavy losses in a relief rally that may yet be...
Qantas to cease international flying, tells majority of workforce to take leave
Qantas Airways Ltd said on Thursday it will halt all international flights from late March until at least the end of May and is putting...
Tesla to limit workers at California factory with virus lockdown order, county says
Tesla Inc has agreed to reduce the number of active workers at its California vehicle factory, but remains in talks about other measures to comply...
Detroit automakers idle U.S. plants to combat coronavirus outbreak
The Detroit Three automakers will shut down their U.S. plants to stop the spread of coronavirus, bowing to pressure from the union representing about 150,000...
U.S. restaurants seek $455 billion of federal aid due to coronavirus hit
U.S. restaurants on Wednesday asked the White House and congressional leaders for at least $455 billion in aid to help them weather the coronavirus crisis,...
Nissan will suspend U.S. production through April 6
Nissan Motor Co said Wednesday it will temporarily suspend production at its U.S. manufacturing to boost containment efforts around the COVID-19 coronavirus....
Wall Street slumps again as fears continue to spiral, Dow all but erases ‘Trump-bump’
U.S. stocks deepened their selloff on Wednesday and the Dow erased virtually the last of its gains since President Donald Trump’s 2017 inauguration, as the...