IMF chief says coronavirus wipes out hopes for stronger growth in 2020
The global spread of the novel coronavirus will wipe out any hope of stronger growth in 2020, International Monetary Fund Managing Director Kristalina Georgieva said...
Family clan members back Volkswagen CEO’s electric strategy: Bild
Wolfgang Porsche and Hans-Michel Piech, members of the family which controls German carmaker Volkswagen , fully support the shift towards electric cars being driven by...
Campbell Soup boosts guidance as profit beats forecasts; shares jump
Campbell Soup Co on Wednesday raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and...
Fragile safety net leaves U.S. economy vulnerable to coronavirus hit
The spreading coronavirus outbreak poses a double-barreled threat to U.S. workers who face not only the prospect of lost wages if they are forced to...
IMF chief says coronavirus wipes out hopes for faster growth in 2020
The faster spread of the coronavirus will wipe out any hope of stronger growth in 2020, International Monetary Fund Managing Director Kristalina Georgieva said on...
Fiat’s U.S. sales chief Reid Bigland who sued the company steps down
Fiat Chrysler Automobiles said on Wednesday its U.S. sales chief, Reid Bigland, is leaving the company to pursue other interests....
U.S. service sector races to one-year high in February
U.S. services sector activity accelerated to a one-year high in February, suggesting underlying strength in the economy despite the coronavirus outbreak, which has triggered financial...
Mild weather bolsters U.S. private payrolls in February
U.S. private payrolls increased more than expected in February, pointing to labor market strength before a recent escalation of recession fears ignited by the coronavirus...
Wall Street jumps after Biden’s Super Tuesday surge
U.S. stocks jumped more than 2% moments after the open on Wednesday as investors cheered Joe Biden’s surprise lead in the Democratic primaries....
Wall Street futures jump after Biden’s Super Tuesday surge
Wall Street was set for strong gains on Wednesday after a near sweep for Joe Biden in the Super Tuesday Democratic primaries, with the Dow...