Chevron offering U.S. workers buyouts to trim staffing: sources
Chevron Corp is offering buyouts to reduce its U.S. oil exploration and production workforce, three sources told Reuters, as the oil major moves to cut...
Google’s self-driving sister, Waymo, gets first outside investors
Waymo, the self-driving unit of Alphabet Inc , said on Monday it had raised $2.25 billion in its first external investment round and expects to...
Honda to cut production at Japanese plants on sourcing concerns
Japan’s Honda Motor Co Ltd said on Tuesday it will temporarily cut back local production due to difficulty in sourcing parts amid the coronavirus outbreak....
Recording Academy fires first female CEO, alleging misconduct
The organizers of the Grammy Awards said on Monday they fired the chief executive they had placed on administrative leave in January....
Your Money: How retirement savers can glide through market turmoil
If you are close to retirement in the United States, chances are you do not have to worry about cashing out of the market as...
Amtrak names new CEO to head money-losing passenger railroad
Amtrak said Monday it had tapped Atlas Air’s chief executive to run the money-losing U.S. passenger railroad that has seen record traffic....
Stocks rally after last week’s rout on central bank policy hopes
Equity markets around the world rose on Monday as the prospect that central banks will cut interest rates to soften the economic blow of the...
Oil up over 4% as hopes of OPEC cut, stimulus counter virus gloom
Oil prices rose over 4% on Monday, reversing an early fall to multi-year lows as hopes of a deeper cut in output by OPEC and...
Wall Street buys the dip as investors bet on stimulus
Wall Street surged on Monday as investors hunted for bargains following reassurances by central banks that they stood ready to counter the economic impact from...
U.S. manufacturing sector stalls as coronavirus hits supply chains
U.S. factory manufacturing activity slowed in February as new orders contracted, reflecting worries about supply chain disruptions related to the fast-spreading coronavirus outbreak, which has...